China: Silk Road concept adapting to Russia’s Eurasian project

China’s Silk Road Economic Belt concept has been adapting to Russia’s Eurasian integration program, Russia’s ambassador to China Andrei Denisov said. “There has been significant progress in determining the mechanism of interaction between the Eurasian integration project and the Silk Road concept”, the ambassador said. “We have an opportunity to boost cooperation in all areas”,…


Ukraine reports more ASF outbreaks

Six new outbreaks of African Swine Fever (ASF) have been reported on pig farms and backyard/village units in Ukraine.

The outbreaks were reported in the north and south of the country in the areas of Kharkov, Odessa, Nikolayev and Poltava.

In total, there were 11 cases. (ThePigSite/Business World Magazine)

Belarus reports $2.397 billion commodity trade deficit in January-September 2016

Belarus’ foreign trade deficit stood at $2.397 billion in January-September to compare with a $1.844 billion deficit in January-September 2015, according to the National Statistics Committee (Belstat). Commodity exports decreased by 15.7% YoY, to $17.245 billion, while imports decreased by 11.9%, to $19.642 billion. Exports from Belarus included $10.422 billion worth of supplies to the…


Ukraine: impacts of sowing on tight schedule

In Ukraine winter crops sowing campaign for the 2017 crop is accompanied by different cataclysms. Severe drought during optimal seeding terms delayed sowing season in September. In early October machinery could not work in fields in the South because of rains. In late October freezing weather became another complication. Thus, Ukrainian farmers had only several…


Azerbaijan learning from Swiss financial market experience

Azerbaijani and Swiss financial markets supervisory authorities have great potential to expand the existing ties, Chairman of Azerbaijan’s Financial Market Supervisory Body Rufat Aslanli said at the meeting with the leadership of the Swiss financial regulator. The presentation of activity of the Swiss Financial Market Supervisory Authority was held for the Azerbaijani delegation on a…


Azerbaijan eyes closer contact with OPEC

OPEC Secretary General Mohammad Sanusi Barkindo received Azerbaijani Minister of Energy Natig Aliyev and Ambassador and Permanent Representative of the Permanent Mission to the International Organizations in Vienna Galib Israfilov. Non-OPEC countries were invited to join in talks following the Algiers Accord, reached in Algeria on September 28. Natig Aliyev said that Azerbaijan was very…


Russia: Nizhnekamskneftekhim masters bimodal polyethylene for the production of sheathed power cable

PJSC «Nizhnekamskneftekhim», in cooperation with the enterprises of Tatarstan, is mastering a new development in production i.e. the production of bimodal polyethylene for power cable sheath. Nizhnekamsk polyethylene can be used as an alternative to imported materials in the production of power cables. These are the results of comparing the quality indicators of the polyethylene…


Ukraine: Ukroboronprom to continue buying steel in EU for Dozor-B armored vehicles

Ukroboronprom State Concern will continue buying steel for new Dozor-B armored vehicles on the European Union (EU) market. The press service of the concern reported that the conditions of developing international industrial cooperation under the Dozor-B program were discussed during the negotiations with Poland’s Huta Stali Jakosciowych S.A., the European supplier of certified armored steel.…


Ukraine: foreign investment should be attracted to pharmaceutical sector

The implementation of the imports replacement concept in the Ukrainian pharmaceutical sector is possible with the approval of the strategy for attracting foreign investment, President of the Association Manufactures of Medications of Ukraine (AMMU) Petro Bahriy has said. “The foreign direct investment attraction concept for the Ukrainian pharmaceutical sector should be drawn up, not the…


Ukraine: winter crops need more warmth

According to observations, winter wheat, sown as of October 10, emerged unevenly for the 15-17 day after the sowing. Thus, there is a possibility that warmth will not be enough for winter crops and vegetation will stop in the poorly developed condition “emergence – 3 leaves”. Last year winter crops stopped to vegetate on December…


Ukraine: Nika-Tera transships over 1.2 million tons of grains in January-September 2016

In January-September the sea terminal Nika-Tera (Sea Special Port Nika-Tera LLC, Mykolaiv, part of Group DF) shipped 1.287 million tons of grain cargoes, which is 51.32% of the general cargo turnover (2.508 million tons), the press-service of the company declared. The terminal also shipped 263.7 thousand tons of mineral fertilizers (10.51%) and 956.5 thousand tons…