Belarus’ chemical company OAO Grodno Azot says its nitrogen fertilizer exports dropped by 25.6% YoY in January-June to 107,600 tons (in terms of 100% nitrogen), a source in the profile ministry reported. In money terms exports shrank by 42.4% YoY to $52.349 million. The expert attributes shrinking proceeds to the decline in fertilizer prices. Grodno…
DetailsBelarusian Potash Company (BPC) shipped 32,589 tons of potash fertilizers to Turkey in January-June, up by 12% YoY. Potash export proceeds from Turkey-bound shipments dropped by 9% YoY to $13.5 million. Founded in September 2013, Belarus Potash Company (BPC) has regional dealerships in Delhi, Beijing, Singapore and Sao Paulo. BPC facilitates potash exports to Europe,…
DetailsThe 4th session of the Azerbaijan-Bulgaria Intergovernmental Commission on Trade and Economic, Scientific and Technical Cooperation is planned to be held in September in Baku. An exchange of views on strengthening cooperation between the two countries, as well as on the implementation of joint projects will be held during the session. A key aspect of…
DetailsJoint stock company Ahangarancement received licenses to use subsoils. According to the company, Comission of the Cabinet of Ministers of Uzbekistan on issuing licenses to use subsoil, containing industrial minerals issued the license to Ahangarancement. In particular, the company received the right to use subsoils to mine limestone at Urgazskom field and andesite at the…
DetailsSome 404.1 million tons of oil and 123 billion cubic meters of associated gas have been produced at the Azeri-Chirag-Guneshli (ACG) block of oil and gas fields in the Azerbaijani sector of the Caspian Sea since November 1997, First Vice President of the Azerbaijan’s state oil company SOCAR Khoshbakht Yusifzade said. He said that the…
DetailsProfit of national joint-stock company Naftogaz Ukrainy in 2016 could reach 16-18 billion UAH, Naftogaz Head Andriy Kobolev has said. “In H1 2016 profit will be around 21 billion UAH, and we expect 16-18 billion UAH of profit at the end of the year”, he said. He said that annual profit would be less than…
DetailsTwo Russian carriers have received a permission to operate flights to Azerbaijan on two routes from the new Zhukovsky International Airport in Moscow, said the website of Russian Federal Air Transport Agency (Rosaviatsia). The protocol of the interdepartmental commission on the admission of carriers to perform international transportation, posted on the website of Rosaviatsia said…
DetailsRussia’s communications ministry has worked out draft amendments to the connection law to ensure integrity, faultlessness and stability of local Internet, and the measures were discussed at a meeting on Thursday. A person familiar with the matter said the meeting was held by Deputy Communications Minister Alexei Sokolov and attended by presidential aide for the…
DetailsThe Russian government will grant 48 billion rubles of guarantees to the military companies, which are fulfilling a state order, in 2016, according to a ruling published at the government’s web site for disclosure of legal information. The guarantees will be granted against loans raised by the Khrunichev State Research and Production Space Center, air…
DetailsAs of August 18, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the areas of 23.8 million ha (on the same date in 2015 – 21 million ha), or 50.3% of the planned areas (47.3 million ha). The produced volumes reached 76.1 million tons of grains, with the average yield of…
DetailsUkraine’s antimonopoly authority has asked participants of the Russia-led Nord Stream-2 gas pipeline construction to agree terms of the project with Kiev. “The participants of the project ought to abstain from any activities which could lead to competition limitations in Ukraine before the receipt of a permit… for the agreed upon actions. Due to the…
DetailsThe Ministry of Agriculture of Russia suggested the government to zero the export duties on wheat until July 1, 2017, the head of the department of agribusiness market regulation at the Ministry of Agriculture Vladimir Volik declared. According to him, the government will debate about the issue in the nearest weeks. It is not the…
DetailsPivdenmash state-run enterprise (Dnipro) will start production of Zenit launch vehicles in the interests of Sea Launch and Land Launch projects suspended in 2014 after financing of the programs is resumed by the customer. “Pivdenmash has not forwarded any additional requirements or conditions on continuation of the Sea Launch and Land Launch programs and would…
DetailsThe arbiter panel of the World Trade Organization (WTO) in general supports an E.U. case against Russia’s prohibition of imports of its pork products, according to a WTO statement. The arbiters say that several measures introduced by Russia contradict the country’s WTO obligations. On January 30, 2014, the Russian veterinary authority prohibited imports of European…
DetailsThe Armed Forces of Ukraine received more than 110 weapons and military equipment units and over 10,000 smoke hand grenades and signal sound-and-light mines last week. Spokesman for the Defence Ministry of Ukraine Lieutenant Colonel Oleksiy Chornobai said this at the briefing. “The Armed Forces of Ukraine received motor vehicles, navigation equipment, ground-based radars, and…
DetailsAccording to Ukrainian Agrarian Ministry, share of oilseeds in the total cropping pattern will be increased by 4% YoY. Having finished winter crops harvesting campaign, agrarians of 16 regions have started winter rapeseed sowing for the 2017 crop. As of August 18, nearly 139 thousand ha had been sown with winter rapeseed, or 19% of…
DetailsIn 2015/2016 MY the imports of seeds of high-oleic sunflower to Ukraine (for the harvest-2016) totaled 2.2 thousand tons, up 2.5 times YoY. Due to development of the market of high-oleic sunflower oil in the country, the planted areas under the oilseed started growing, and the demand for seed raw materials and market capacity continues…
DetailsUkraine’s Antimonopoly Committee has prepared a suit forcing Russian gas giant Gazprom to pay a $3 billion fine, the committee’s head Yury Terentyev said. The Antimonopoly Committee imposed the fine in 2015 to punish the company for its monopolist position on the transit gas market. Gazprom was baffled with the decision because it did not…
DetailsIn June soybean exports from Ukraine reached 236.9 KMT against 170.6 KMT in June 2015. During the current season 2015/2016 (September-June) Ukraine supplied 2178.4 KMT of soybean to foreign markets, decreasing the spread lag compared to previous season to 3.7%. Taking into account stable exports during the last four months, it’s very likely that the…
DetailsIn 2015/2016 MY, the Nibulon company shipped 4.66 million tons of grains to foreign markets, up by 14% YoY, the press-service of the company declared. In 2015/2016 MY, corn traditionally became the major export crop of Nibulon (over 1.8 million tons). Wheat export totaled over 1.9 million tons, and barley – nearly 560 thousand tons.…
DetailsA team of scientists from the Zhytomyr National Agroecological University has won the competition of the projects within the Erasmus+ program, which is funded by the European Union. The Ukrainian scientists will implement the educational module “Agricultural Policy of the European Union” during the three academic years. The cost of the project is 798,456 UAH…
DetailsA draft agreement on the Customs Code of the Eurasian Economic Union (EEU) is expected to be signed at a session of the Supreme Eurasian Economic Council in December, the press service of Belarus’ State Customs Committee said. The draft agreement on the EEU Customs Code was submitted for domestic legal procedures in the EEU…
DetailsInsight into investment climate of the country may considerably improve efficiency of business planning and calculation of project profitability. Consulting agency UkrAgroConsult has created a new tool providing information on capital investments amount by Ukrainian region. Interactive map makes it possible to evaluate the investment amount in a certain region over the past few years.…
DetailsBelarus intends to offer even more preferences to resident companies of the China-Belarus industrial park Great Stone. Belarusian Economy Minister Vladimir Zinovsky made the statement before the session of the Belarusian-Chinese intergovernmental committee on cooperation on August 18. “We are preparing a draft presidential decree that will introduce serious changes into the document that regulates…
DetailsAccording to the regional agricultural departments, as of August 18, Kazakh agrarians harvested grains throughout 941.6 thousand ha, or 6.2% of the planned areas, the Ministry of Agriculture of the Republic of Kazakhstan declared. As of the reporting date, agrarians produced 1.96 million tons of grains, up by 462 thousand tons YoY. The average yield…
DetailsUkraine’s Infrastructure Ministry has started the revision of all regulatory acts to see if they comply with the public regulatory policy. The ministry’s press service reported that Deputy Infrastructure Minister Dmytro Romensky gave information on August 19, 2016 at a first meeting of the working group. “According to the order of the first deputy prime…
DetailsAccording to the official statistics figures, in July Russia exported 109.2 thousand tons of peas, up by 63% YoY. Turkey traditionally became the largest buyer of the Russian crop, and purchased 67.1 thousand tons of peas, against 51.8 thousand tons in July 2015. However, its share in the import structure in the reporting month dropped…
DetailsIn 2016/2017 MY, Russia will supply nearly 40 million tons of grains on foreign markets, the head of the department of agribusiness market regulation at the Ministry of Agriculture Vladimir Volik reported. In particular, the forecast of wheat exports from Russia in 2016/2017 MY totals 26-30 million tons, against 24.6 million tons last season. At…
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