Belarus: Philippines explore possibilities of expanding economic cooperation

Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Russian Federation Igor Petrishenko met with Ambassador Extraordinary and Plenipotentiary of the Republic of the Philippines to the Russian Federation and concurrently to the Republic of Belarus Carlos D. Sorreta. The parties discussed the entire range of bilateral relations in the context of the…


Ukraine: corn stocks down

According to the State Statistics Committee, as of April 1, stocks of grain and pulses in Ukraine totaled 7.98 MMT, down by 20% YoY. Corn stocks decreased by 36%, to 3.073 MMT compared to 4.814 MMT on June 1, 2015. Wheat stocks went down by 3.6%, to 3.867 MMT, barley – by 13%, to 693…


Ukraine: Polish Air Force to get aircraft weapon for MiG-21 fighter jets

Ukraine will ship aircraft weapons for Mikoyan MiG-21 fighter jets of the Polish Air Force. The military equipment inspectorate of Poland’s National Defense Ministry reported on its website that the consortium formed by Ukraine’s Spectechnoexport and Poland’s WB Electronics won a tender to supply R-27P1 medium-range air-to-air missiles for MiG-21 fighter jets of the Polish…


Russia: crude oil exports up in H1 2016

Crude oil exported by the Russian Federation between January and June increased by 1.5% compared to the six months period of 2015 and amounted to 127.78 million tons, the Ministry of Energy said. In June, Russian crude oil exports reached 20.61 million tons. Oil and gas condensate production in June was 44.37 million tons. (Portnews/Business…


Uzbekistan: pharmaceutical plants construction starts at SIEZ Navoi

Indian pharmaceutical company Bravo Pharmaceuticals Pvt. Ltd. Started construction of the plant on production of ready medicaments at the special industrial-economic zone “Navoi”. Bravo Pharmaceuticals, registered at SIEZ Navoi, will produce medical products in line with the WHO EU GMP standard. The project cost is about $2.6 million. The project will provide jobs for 100…


Georgia: wine exports up in H1 2016

Georgia exported 19.8 million 0.75-liter bottles of grape wine in January-June, up by 44.5% YoY, the National Wine Agency of the Ministry of Agriculture said. Revenue from wine exports to 40 countries grew by 18% to $46.6 million. According to the agency, the biggest importer was Russia with 10.198 million bottles, up by 56% YoY,…


Russia: coal exports up in H1 2016

In January-June Russian coal exports climbed by 13.3% YoY, to 78.97 million tons, the Ministry of energy said.

In June coal exports totaled 14.6 million tons.

Coal production in June totaled 13.84 million tons. (Portnews/Business World Magazine)