There are positive recovery signs in the Belarusian economy, Belarus’ Prime Minister Andrei Kobyakov said when speaking at a government conference to discuss the H1 performance and the measures to achieve the 2016 goals. “We already know the H1 results and we are not satisfied with them. But it is fair to point out that…Details
Belarus is interested in advancing comprehensive cooperation with Poland and increasing the number of joint projects. Chairman of the Council of the Republic of the National Assembly of Belarus Mikhail Myasnikovich made the relevant statement as he met with Vice Marshal of the lower chamber of the Polish parliament Ryszard Terlecki. Belarus-Poland trade dropped a…Details
Belarus’ Council of Ministers approved of the national export promotion program for 2016-2020 and a roadmap for its implementation. It is envisaged in the Decree No. 604 dated August 1, the press service of the Belarusian government informed. “The national program does not provide a detailed forecast for external trade in 2016-2020 but spells out…Details
The Dispute Settlement Body (DSB) of the World Trade Organization (WTO) supported the EU claims to Russia regarding imposition of the import duties on certain agricultural and manufacturing products, including palm oil, the press-service of the WTO informed. According to the announcement, the WTO specified that the reporting customs duties exceed those Russia agreed to…Details
In January-July cargo throughout at Primorsky Krai-based Vostochny Port rose by 3.7% YoY totaled 39,170,000 tons, the Authority of Primorsky Krai & Eastern Arctic Seaports reported. The volume includes 20,446,000 tons of dry cargo, a 5.1% gain from a year earlier, and 18,723,000 tons of oil products (+2.2%). Vostochny Port is the year-round navigable and…Details
Lowering of air temperatures to optimal values and improved soil moisture stocks were beneficial for vegetation of all late spring crops. Better yields can be expected in later sown plants of corn due to cease of leaves withering and yellowing during the daytime. August rains were beneficial for moisture accumulation before the upcoming winter crop…Details
On August 8-14, Ukraine exported 660.1 thousand tons of grains from the seaports against 759.8 thousand tons in the previous week.
In particular, wheat shipments reached 413.1 thousand tons, corn – 14.9 thousand tons, and barley – 232.1 thousand tons. (APK-Inform/Business World Magazine)
As of August 1, the production of grains and pulses totaled 31.525 million tons in bunker weight, up by 7.4% YoY, the State Statistics Service of Ukraine declared.
In particular, Odessa, Kharkiv and Vinnytsia regions harvested the largest volumes of grains. (APK-Inform/Business World Magazine)
In January-July cargo throughput at Primorsky Krai-based Port of Vladivostok grew by 11.8% YoY, to 8.07 million tons, the Authority of seaports of Primorye and the Eastern Arctic reported. Handling of dry cargo rose by 19.7% to 6,275 million tons, while oil products volume dropped by 9.1% to 1,8 million tons. The Port of Vladivostok…Details
Russia’s car output plunged by 19.8% YoY and by 28.3% MoM in July, the Federal State Statistics Service said in a statement.
In January-July car output fell by 18% YoY to 611,000 units and bus output went down by 0.8% to 19,100 vehicles, but truck production increased by 6.2% to 70,400 units. (Prime/Business World Magazine)
On August 8-14, Passenger Port St. Petersburg handled 12 cruise ships and 15,049 passengers, the port operator Marine Facade said. The total stopover, berth time was 22 ship/day, total amount of operations per passenger was 83,819. During the stopover 5 helicopters made landing / take-off at the port’s helipad. The passenger terminal handled 6 cruise…Details
Freight throughput at Primorsky Krai-based Port of Nakhodka in January-July rose by 12.8% YoY, to 13,592,000 tons, the Authority of Primorsky Krai & Eastern Arctic Seaports said. Shipments of dry bulk cargo increased by 24.1% to 9,708,000 tons. Petroleum products volume shrank by 8.3% to 3,8 million tons. The Port of Nakhodka is located on…Details
On August 8-14, the export volumes of grains from the Russian seaports reached 715.6 thousand tons up from 411.2 thousand tons shipped in the previous week.
In particular, the wheat shipments totaled 634.4 thousand tons, barley – 65.9 thousand tons, and peas – 15.3 thousand tons. (APK-Inform/Business World Magazine)
First Solar, Inc. announced that it had booked 160 mW DC of photovoltaic module sales in Turkey in the first half of 2016. The orders were placed by Basariarge Enerji A.S. and Zorlu Enerji. Zorlu Enerji, a subsidiary of Zorlu Holding has contracted First Solar to supply 100 mW DC of its high performance Series…Details
As of August 15, Belarus harvested more than 6,225,700 million tons of grain, the Agriculture and Food Ministry informed. Minsk Oblast is the leader with 1.6 million tons of grain so far. Brest Oblast has harvested 1.1 million tons, Gomel Oblast and Grodno Oblast – over 1 million tons each. Mogilev Oblast has cropped 852,500…Details
As of August 1, the general production of spring grains and pulses in Russian agricultural organizations reached 33.7 million tons in bunker weight, up by 17.1% YoY, the Federal State Statistics Service of the Russian Federation (Rosstat) announced. According to the announcement, agrarians harvested grains throughout the areas of 8.8 million ha, or 29.3% of…Details
Argentina is considering the possibility of implementing nuclear power projects with Russia, the country’s Foreign Minister Susana Malcorra said.
She also said that Russian investments in Argentinian projects could be implemented in the sphere of ports and logistics infrastructure. (Prime/Business World Magazine)
Aeroflot has received four new A321s equipped with aerodynamic wing-tips known as Sharklets.
All A321 aircraft are named in honor of outstanding Russian people who contributed a lot to artistic, cultural and scientific development.
VP-BAE bears the name of Sergei Bondarchuk, a Russian film director, screenwriter and actor. (Russian Aviation/Business World Magazine)
The EU countries reached the first position in the imports of Ukrainian sunflower oil, and even outranked India, due to rather significant import volumes in June. Since the beginning of 2015/2016 MY European countries purchased 1.23 million tons of sunflower oil, while India – 1.19 million tons. Also, in the current season the European Union…Details
The Cabinet of Ministers has decided to create PJSC Trunk Gas Pipelines of Ukraine within the management of the Energy and Coal Industry Ministry of Ukraine by September 1. The relevant provision is contained in the plan of restructuring Naftogaz Ukrainy, approved by cabinet resolution No. 496 dated July 1. Under the resolution, a proper…Details
Azerbaijan’s state oil company SOCAR will additionally produce about 5,480 tons of oil per year thanks to the commissioning of three new wells, which are being drilled at offshore fields Pirallahi-deniz and Darwin Bank, as well as the Saadan onshore field, SOCAR said. The projected depth of the well #1155 at the Pirallahi-deniz field is…Details
It is necessary to create holding companies out of major light industry enterprises. Deputy Prime Minister of Belarus Vladimir Semashko gave the relevant instructions to top officials of the Belarusian light industry concern Bellegprom, the concern’s press service reported. Vladimir Semashko took part in a session of the Bellegprom management board. In his speech he…Details
Head of State Nursultan Nazarbayev held a meeting with Minister of Energy Kanat Bozumbayev. Bozumbayev informed the President of the key indicators of development of oil and gas, petrochemical and energy sectors and about the plans on the work for the nearest future. Besides, the interlocutors discussed the progress in implementation of big investment projects…Details
Plans have been made to set up a Belarusian-Turkish joint venture to make soft furniture at premises of the Molodechno-based furniture maker ZAO Molodechnomebel, Ruzhena Novitskaya, Press Secretary of the Belarusian timber, woodworking, pulp and paper industry concern Bellesbumprom, reported. A delegation of the Chamber of Commerce and Industry of the Turkish city of Inegol…Details
Nationals of Iran and Azerbaijan will be able to use their bank cards in the two countries’ territories once Iranian banks connect to the national card payments network created by Azerbaijan’s Central Bank. “Since Iran has not yet connected to any international payment system (Visa or MasterCard), the integration of the two countries’ card systems…Details
Volume of investments in Kyrgyzstan has grown since the beginning of the year, the National Statistical Committee reported. The volume of investment in fixed assets in January-July amounted to more than 47 billion soms, up by 4.1% YoY. Investments funded from internal sources increased by 11.7%. External sources, on the contrary, decreased by 20.4%. Most…Details
Joint-stock commercial bank “Uzpromstroybank” is one of the largest financial institutions of the Republic. The bank serves more than one million legal entities and individuals, providing them with various types of banking services. The bank also pays significant attention to the financial support of small business and private entrepreneurship entities. Over the first half of…Details