Kyrgyzstan: investment projects to expand

Kyrgyzstan plans to expand the range of investment projects, the Prime Minister Sooronbay Jeenbekov announced at the meeting of Coordination Council on Macroeconomic and Investment Policy. According to him, amid the economic crisis, limited resources, and reduction in the traditional markets, the country needs to take a number of measures that will help to create…

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Ukraine: Nexans starts constructing plant

Ukrainian President Petro Poroshenko took part in the ceremony to mark the start of construction work of a cable plant by France’s Nexans. “Everyone was convincing us that until the war continued no investor would come to Ukraine. We are convincing with our patient labor, creation of investment climate, providing for radical changes and reforms…

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Tajikistan: commercial opportunities with Afghanistan discussed in Dushanbe

Issues related to expansion of economic cooperation between Tajikistan and Afghanistan were discussed at a roundtable entitled “Commercial Opportunities of Tajikistan and Afghanistan” that took place in Dushanbe on August 16. The meeting brought together representatives of relevant bodies of Tajikistan, Afghan Embassy in Dushanbe, international organizations active in Tajikistan, as well as Tajik and…

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Belarus: GDP down in January-July 2016

Belarus’ gross domestic product (GDP) dropped by 2.7% YoY in January-July 2016 to 52.6 billion Belarusian rubles ($27.1 billion at the central bank’s exchange rate), an official with Belarus’ National Statistics Committee said. Industrial output in January-July fell by 2% YoY to Br45.1 billion ($23.2 billion). Farm output grew by 4.2% to Br6.2 billion ($3.2…

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Belarus: potash exports to Poland up in H1 2016

Belarusian Potash Company (BPC) shipped 69,288 tons of potash fertilizers to Poland in January-June, up by 43% YoY. Potash export proceeds from Poland-bound shipments grew by 30% YoY, to $32.6 million. Established in September 2013, Belarus Potash Company (BPC) has regional dealerships in Delhi, Beijing, Singapore and Sao Paulo. BPC facilitates potash exports to Europe,…

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Russia: mandatory disposal of sanction foods extended until the end of 2017

The government of Russia prolonged the period for mandatory disposal of the foodstuffs under counter-sanctions which were illegally imported to the territory of the Russian Federation, until December 31, 2017. The Prime Minister of the Russian Federation Dmitry Medvedev signed the corresponding decree on August 10. According to the document, the Federal Service for Veterinary…

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Russia: milling wheat prices up

Upward trend in wheat prices continues in Russian market. During last week milling wheat (12.5%) prices in Novorossiysk and Azov ports increased by $3-4 to $170-174/MT FOB and $150-154/MT FOB respectively for August and September delivery. Export prices for high protein wheat are still supported by lower supply, both on the global and domestic Russian…

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