In January-June, the port of Ust-Luga handled 44,864,300 tons of cargo (up by 5% YoY), Baltic Sea Ports Administration said. Transshipment of dry bulk cargo climbed by 5% to 12,497,400 tons. Transshipment of general cargo fell by 12%, year-on-year, to 356,200 tons. Transshipment of cargoes carried by ferries totaled 749,000 tons (-24%). The port’s container…
DetailsAn Uzbek-Chinese Business Forum and Cooperation Exchange with participation of business circles of Uzbekistan and China took place in Samarkand. The events were organized in order to further develop partnership relations between entrepreneurs of Uzbekistan and China. They were organized by the Chamber of Commerce and Industry of Uzbekistan and China Council for the Promotion…
DetailsThe Committee for Architecture and Construction under the government of Tajikistan has supported the proposal of the State Committee for land Management and Geodesy regarding construction of multistory apartment buildings in the regions. “Tajikistan experiences a lack of flat land while the country’s population is growing. In future, we will not be able to provide…
DetailsStarting from July 19, for the first time in the history, the Uzbek Commodity Exchange started exchange transactions on the sale of polypropylene. Seller of new products on the stock exchange is UZ-KOR Gas Chemical. Currently, 7 contracts with 1 ton-lots each are open for selling of various grades of polypropylene in the stock market.…
DetailsUzbekistan signed 270 contracts on the export of fruit and vegetables valued at $2 billion during the First international fruit and vegetable fair in Tashkent on July 12-16. Uzbekoziqovqatholding said that some 27% of the total volume of products for exports would account for vegetables, 25% for grapes, 20% for fruit, 17.6% for dried and…
DetailsUzbekistan called Tajikistan to address the complex problems with the energy supply of the country through the construction of small and medium-sized hydropower plants. This was noted in the letter of the Prime Minister of the Republic of Uzbekistan Shavkat Mirziyoyev to the Prime Minister of the Republic of Tajikistan Kokhir Rasulzoda. The letter said:…
DetailsOn July 19, the Ministry of Foreign Economic Relations, Investment and Trade of Uzbekistan hosted a meeting with the newly appointed Ambassador Extraordinary and Plenipotentiary of Republic of Korea to Uzbekistan Kwon Yong Woo. During the meeting, the sides discussed current status and prospects of bilateral trade-economic, investment, financial and technical cooperation. Particular attention was…
DetailsThe UNDP and Kazakhstan Government plan to launch an emissions abatement project in 15 cities, according to the Advisor to the UNDP Permanent Representative in Kazakhstan Irina Goryunova. “The UNDP together with the Kazakh Government is implementing now a project named ‘Sustainable Cities for Low Carbon Development’ aimed at development and holding activities in various…
DetailsAs of July 19, agrarians harvested 17.962 million tons of early grains and pulses throughout the areas of 4.991 million ha, or 52% of the plan (9.6 million ha, according to estimations). The average yield totaled 3.6 t/ha. At the same time, on the same date in 2015 agrarians harvested 13.535 million tons of grains…
DetailsUkraine’s Ministry of Infrastructure has approved a 75%-discount for the oil transiting tankers that enter the Yuzhne port, and for the Odessa-Brody oil pipeline. The decision creates favorable terms for oil transiting using the Odessa-Brody pipeline. “The Tariffs Committee of Ukraine’s Infrastructure Ministry granted Ukrtransnafta’s appeal to set the economically favorable tariffs for port duties…
DetailsIn the current year the general grain harvest in Ukraine will exceed 60 million tons, the First Deputy Minister of Agrarian Policy and Food of Ukraine Yaroslav Krasnopolskiy declared. According to him, agrarians managed to produce a rather good harvest, and the general production volumes will exceed the level of 60 million tons for the…
DetailsUkraine and Romania have signed an agreement to link their gas transmission systems in order to ship gas from Ukraine through Romania to Bulgaria and in the reverse direction, Ukrtransgaz said in a statement. The agreement covers the gas pipeline route used to transport gas from Ukraine through Romania to Bulgaria via the Negru Voda…
DetailsBJ Services Company Middle East Ltd., a UK oil field servicing company, announced the liquidation of its office in Azerbaijan, the Azerbaijani Taxes Ministry reported. Lenders may submit their claims within two months at: 3, Salyan highway, 15th kilometer, Lokbatan settlement, Garadagh district, Baku, Azerbaijan. BJ Services Company Middle East Ltd. provides on-site services and…
DetailsThe national Tajik currency, the somoni, has lost 10.5% of its value against the dollar since the beginning of this year, according to the National Bank of Tajikistan (NBT). In January, the somoni reportedly lost 15.4% of its value against the dollar. In February, the situation improved to a certain extent and the somoni exchange…
DetailsIn January-June the port of Primorsk handled 32,503,200 tons of cargo (up by 9% YoY). According to the port authority, crude oil transshipment climbed by 11% to 24,953,100 tons. Transshipment of oil products increased by 2% YoY, to 7,550,100 tons. Port Primorsk is Russia’s largest oil port in the Baltic Sea. It is the final…
DetailsRussian companies that have concluded agreements with Tajik agrarians on purchasing potatoes and onions have failed to fulfill their obligations on those agreements, Tajik Minister of Agriculture Sattor Izatullo said. According to him, Russian companies concluded agreements with Tajik onion and potato producers at the beginning of the year but later changed their mind. “I…
DetailsThe issue of privatization of United Grain Company in 2016 is not active, the Minister of Agriculture of the Russian Federation Alexander Tkachev declared. According to him, it is a strategic state-owned company with a controlling block of shares by the government, so to date the issue is not under consideration, and it is untimely.…
DetailsRussian Grain Union appealed to the government of Russia to cancel the current export duties on wheat. The reporting proposal appears in the letter of the Union, addressed to the Prime Minister of the Russian Federation Dmitry Medvedev. According to Russian Grain Union, in 2016 grain harvest in Russia will reach 112 million tons, including…
DetailsDuring the first 6 months of 2016, the sea ports Yeysk, Kavkaz, Novorossiysk, Taman, Temryuk and Tuapse shipped for exports 474 vessels with grains and its by-products, at the volume of more than 7.4 million tons, the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) declared. In particular, the share of wheat in the general…
DetailsAn online store selling only locally made products will be launched in Kazakhstan. Talgat Assylbayev, executive director of the Commodity Producers and Entrepreneurs Association “Made in Kazakhstan”, announced the plans to launch the online store. “Together with the Kazakhstani Association of High-Technology, Energy-Efficient and Innovative Companies we are working on the project of the online…
DetailsKazakhstan’s electric locomotives assembly factory (Elektrovoz Kurastyru Zauyty) will start production of high-speed passenger locomotives in autumn, the press service of Kazakhstan Railways (Kazakhstan Temir Zholy) said. The high-speed locomotives will be able to make 200 kilometers per hour. Such an electric locomotive – KZ4AT, designed by the French company Alstom – was successfully tested…
DetailsAs of July 1, the registered carry-over stocks of oilseeds in Kazakhstan totaled 260.465 thousand tons, including 21.298 thousand tons in farming households, the Statistics Committee at the Ministry of National Economy of the Republic of Kazakhstan reported. In particular, sunflower seed stocks totaled 104 thousand tons, flaxseed – 84.3 thousand tons, soybeans – 30.821…
Details“The deposits can not be given to investors through an auction”, member of the Association of Miners and Geologists Kartaybek Mukambetov said at a round table discussion. According to him, during the years of independence, Kyrgyzstan has failed to establish mining production management. “The created committee has not yet shown an effective work. The State…
DetailsIn January-June the volume of agricultural commodities production in Russia totaled 1.554 trillion RUR in current prices, an increase of 2.6% compared with the same period last year, the Federal State Statistics Service (Rosstat) declared. At the same time, in June the growth of production in the agricultural sector reached the level of 2.1% compared…
DetailsIn 2016/2017 MY, the export volumes of Russian grains will exceed 36.1 million tons, which will become a new historical record for the country, the General Director at LLC ProZerno Vladimir Petrychenko declared. As a reminder, in 2015/2016 MY the export volumes reached 34.6 million tons of grains. Therefore, Russian wheat can keep its leading…
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