A free trade zone has opened on Tajikistan’s common border with China. “The free trade zone will begin operations on both sides of the Kulma border-crossing checkpoint in the near future”, Khudoberdi Kholiqnazar, Director of the Center for Strategic Studies under the President of Tajikistan, said. “Currently, working groups of Tajikistan and China are actively…
DetailsThe agreement on a free trade area between Ukraine and Canada since the moment of taking force after its ratification by parliaments of the two countries will reduce imports duties for 98% of Ukrainian imported goods and for 72% of Canadian exports to nil, Ukraine’s Economic Development and Trade Ministry reported. “Imports duties on agricultural…
DetailsRepresentatives of National Nuclear Generating Company Energoatom have discussed a possibility of cooperation in infrastructure and engineering projects with Spain’s IDOM Ingenieria, the company’s press service reported. The press service said that special attention was paid to IDOM projects implemented in the nuclear and energy sector: stress tests at all Spanish nuclear power plants (NPPs),…
DetailsAn exhibition of industrial goods of China’s Gansu Province is expected to take place in the Tajik capital of Dushanbe soon. An agreement on holding the exhibition in Dushanbe was reached during a meeting of Head of Tajikistan’s Chamber of Commerce and Industry (CCI), Sharif Said with Li Chong Tsan, Vice-Governor of Gansu Province, which…
DetailsBuckwheat and potatoes mostly rose in price in June in Kyrgyzstan. According to the data of the National Statistics Committee, in June there was a slight increase in prices for food and non-alcoholic products – by 0.4%. Growth of prices for buckwheat (11.4%), fresh meat (1.6%), potatoes (1.6 times, considering the new crop), alcoholic beverages…
DetailsBritain’s Dowty Propellers will supply propeller systems for the engine of new multipurpose An-132D aircraft built at the facilities of Antonov State Enterprise (Kyiv), part of Ukroboronprom State Concern, under a contract with Saudi Arabia. Information about the signing of the agreement between Dowty Propellers and Antonov to supply two R-408 six-blade propeller systems for…
DetailsThe State Oil Fund of Azerbaijan (SOFAZ) completed the deal on real estate acquisition in Milan, Italy, Shahmar Movsumov, SOFAZ executive director, said. He said there were no problems with the acquisition of the real estate in Milan. “The deal has been completed”, he said. “We have become the owners of the property”. SOFAZ together…
DetailsThe beginning of the season 2016/2017 was marked by export prices reduction to six-year minimum. Only during the first week of the new season prices for all grain crops lost on average $7, and they are also down by $40 compared with the beginning of last season. In fact, price reduction is typical for a…
DetailsUkraine should reduce energy consumption by 5% every year, European Commissioner for Neighborhood Policy and Enlargement Johannes Hahn said. “Energy efficiency is one of the key goals of our joint initiatives”, he said. “Our goal is to improve energy efficiency by 5% every year”, Hahn said. He said that Ukraine should focus on energy efficiency…
DetailsUkraine is preparing another batch of Oplot combat tanks, being manufactured at Malyshev plant (Kharkiv), for transfer to Thailand within the framework of a $200 million contract signed in 2011. According to a report on the website of the tank plant, the production of another batch of Oplot tanks is at the stage of final…
DetailsIn January-June Ukraine imported coal and anthracite (foreign activity code 2701) valued at $678.2 million, in particular $102.09 million in June. According to the State Fiscal Service, the Russian Federation delivered coal worth $446.26 million, the United States – $95.93 million, Australia – $43.28 million, other countries – $92.72 million. The total volume of coal…
DetailsAs of July 11, agrarians harvested 6.07 million tons of early grains and pulses throughout the areas of 1.75 million ha, or 19% of the plan. The average yield totaled 3.47 t/ha. At the same time, on the same date in 2015 agrarians harvested 4.52 million tons of grains throughout 1.46 million ha, with the…
DetailsIn January-June Ukraine exported $85.48 million worth of electricity, with $10.46 million in June. According to the State Fiscal Service, electricity exports to Hungary amounted to $63.39 million, Poland – $21.73 million, Moldova – $347 thousand, other countries – $7 thousand. In January-June Ukraine imported $1.12 million worth og electricity from Russia and $320 thousand…
DetailsAccording to the official statistics, in May the exports of soybean meal / cake from Ukraine reached the record monthly index at almost 50 thousand tons, or 20% of the general export volumes since the beginning of the current season (September-May of 2015/2016 MY). In the reporting month, exports grew by 45% compared with April,…
DetailsEarly in July hot weather conditions persisted in Ukraine with local rains and lightning. Along with this, in the dry regions soil moisture stocks decreased considerably, which can lead to higher number of shriveled grain. High temperatures contributed to the intensive growth of grain crops and speeded up the stages of their development Winter wheat…
DetailsUkrainian AgMin revealed the list of the top profitable agrarian commodities in 2015. According to the list sunflower was the most profitable commodity for agribusiness as its profitability index reached 80.5% in UAH. Along with this its profit earning grew by 100% compared to the previous year. Time will show the results of 2016, but…
DetailsUkrainian barley prices decreased. By the end of last week export prices for new crop barley had fallen by $4-5.
Domestic prices declined by 150-250 UAH last week. By July 11 farmers had gathered barley from 35% of the intended area. An average productivity is almost 11% higher than last year. (UkrAgroConsult/Business World Magazine)
Ukraine International Airlines (UIA), the largest Ukrainian airlines, saw a 24% rise in passenger transportation in January through June 2016 YoY, to 2.5 million people, UIA President Yuriy Miroshnikov said. “The results of the first half of the year are successful and optimistic. I can say that UIA continues seeing the upward trend outstripping the…
DetailsUkraine International Airlines (UIA, Kyiv), the largest Ukrainian airlines, believes that the aviation market with eastern countries should be liberalized, UIA President Yuriy Miroshnikov said. “The European market is liberalized enough. Dear managers of the sector, use your liberalization efforts in the East. There are examples of liberal approach, such as Georgia, Kazakhstan, and tough…
DetailsIn January-June Russian seaports handled 344.5 million tons of cargo (up by 6% YoY), said the press center of Federal Marine and River Transport Agency (Rosmorrechflot). Transshipment of dry bulk cargo totaled 156.8 million tons (+10.7%), liquid bulk cargo – 187.7 million tons (+2.3%). Operators of the Arctic Basin terminals handled 21.28 million tons (+…
DetailsThe Russian United Instrument Manufacturing Corporation (UIMC) presented the first ever unmanned aerial vehicle (UAV) to be built in the country using a three-dimensional printer, the corporation’s press service said in a statement. “The United Instrument Manufacturing Corporation has presented at the Innoprom trade fair Russia’s first unmanned aerial vehicle that was created entirely by…
DetailsSales of new passenger cars in Russia have fallen by 14.1% in the first six months of this year, compared to the same period last year, the Association of European Businesses (AEB) said. Compared to 2015, sales of automobiles in the first six months of the year decreased by 110,291 units, with the total number…
DetailsSouthern Military District artillery units of Russian army are using Takhion unmanned aerial vehicles (UAVs) in an exercise in Dagestan in south Russia, the district’s press office said. The Takhion is a Russia-made mini-UAV developed to conduct reconnaissance missions in support for ground forces with a maximum range of 40 km. The Takhion can be…
DetailsRussia supplied Iraq with a new batch of the Mi-28NE “Night Hunter” military helicopters, the Iraqi Defense Ministry said. The statement also stressed that these helicopters “made a significant contribution in the Iraqi land forces’ fight against Daesh and the victory over terrorists in several operations”. “The Command of the Army Aviation has received another…
DetailsAccording to a source, Russia will deploy its Admiral Kuznetsov aircraft carrier in the Mediterranean Sea no earlier than October. Recent media reports regarding a planned early deployment are false, a source familiar with the matter said. “According to the combat training plan, Admiral Kuznetsov will set out on a long trip this fall, but…
DetailsSeparate elements of Russia’s sixth-generation fighter are already being tested on fifth-generation – Sukhoi PAK FA fighters (Prospective Airborne Complex of Frontline Aviation), Vladimir Mikheyev, advisor to the First Deputy Director General of Concern Radio-Electronic Technologies (KRET, a subsidiary of Rostec State Corporation) said. Back in early March reports stated that work on the sixth-generation…
DetailsRussia is building and reconstructing 10 military airfields in the Arctic, according to the Ministry of Defense. By making this move, the country aims to ensure its military security in the region. Russia’s Federal Agency for Special Construction (Spetsstroy) is currently developing infrastructure facilities on military bases and garrisons in the Far North, Far East…
DetailsAfter its successful use during Russia’s aerial campaign in Syria, the Sukhoi Su-34 fighter bomber is now set to carry even better weapons than those that made it the jihadist terrorists’ worst nightmare, Zvezda TV reported. During the Syrian campaign, the Su-34, very aptly designated by NATO as Hellduck, made effective use of its onboard…
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