Tajikistan: citizens opposing economic integration with Russia

An article “Tajikistan Mulls EEU Membership, Feels Pull of Russia” posted on EurasiaNet.org’s website notes that many Tajiks oppose economic integration with Russia Abdufattoh Ghoib, the head of Tajikistan’s Customs Service, announced on July 19, that the Tajik government was considering making an application to enter the Eurasian Economic Union (EAEU). Ghoib’s declaration followed an…


Russia: grain supplies to Palestine to go up

Russia plans to increase grain exports to Palestine from 70 thousand tons to 250-300 thousand tons, the Russian-Palestinian intergovernmental commission on trade and economic cooperation declared. The Palestinian party is interested in cooperation in the sphere of energy, health care, culture and agriculture. The first contract with the Palestinians for the supply of 70 thousand…


Ukraine: Asian investors ready to work

Ukrainian President Petro Poroshenko has stated that the investors from the South-East Asia are willing to invest in the Ukrainian economy. The President said this at the meeting of the National Council of Reforms. “We have not only European investors. Our talks during the visits to the South-East Asia show that today the investors are…


Belarus: UN social entrepreneurship project to be implemented in Grodno region

Plans have been made to implement a pilot project of the United Nations Organization to develop social entrepreneurship in several areas in Grodno region. The information was released during the latest meeting of UN Resident Coordinator in Belarus Sanaka Samarasinha and Grodno region Governor Vladimir Kravtsov. Sanaka Samarasinha explained: “It is a new project that…


Kazakhstan: oilseed planted area up

In Kazakhstan oilseeds planted area for 2016/2017 crop increased to 2118 thousand ha compared to 2101 thousand ha last year.

Planted area approached the 2014/20015 season’s level, when the acreage reached all-time high at 2413 thousand ha. Despite rains, weather conditions allowed farmers to conduct seeding within optimum time. (UkrAgroConsult/Business World Magazine)

Iran: NIOC signs oil contract with Lukoil

National Iranian Oil Company (NIOC) has signed oil contracts with a range of companies, including Russian oil producer Lukoil.

Other companies included OMV, Total and Pertamina.

Earlier in August, Russian ambassador to Iran Levan Dzhagaryan said Lukoil was considering development of two deposits near the Iranian city of Ihvaz. (Prime/Business World Magazine)

Belarus: IFRS to make corporate sector more transparent

Belarus’ move to adopt International Financial Reporting Standards (IFRS) and clarifications on January 1, 2017 will contribute to increasing the transparency of Belarus’ corporate sector for investors and creditors, Pavel Laschenko, EY Belarus Managing Partner, believes. The IFRS standards will acquire the same legal status as guidelines and provisions of the Finance Ministry of Belarus…