Ukraine: flour winning new markets

Ukrainian flour exports hit a 20-year high of over 340 KMT in the 2015/2016 season. As expected, the upward trend in flour supplies from the country continued into MY 2016/2017. Global trends also contribute to growth of flour exports. The world’s demand for flour has increased by 15-20% over the last 4-5 years. Noteworthy is…

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Kazakhstan: S&P affirms ratings on Delta Bank

The international rating agency StandaS&P Global Ratings has affirmed its ‘D/D’ long- and short-term issuer credit ratings on Kazakhstan-based Delta Bank, the rating agency said in a message. At the same time, the agency affirmed the ‘D’ Kazakhstan national scale rating. S&P also affirmed its ‘D’ issue-level ratings on its senior unsecured bonds. “The affirmation…

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Kyrgyzstan: “smart” meters to be bought at the expense of Development Fund

A new batch of “smart” meters will be purchased in Kyrgyzstan at the expense of the Russian-Kyrgyz Development Fund, Information Support Department of the government reported. The Prime Minister of Kyrgyzstan Sooronbay Jeenbekov held a working meeting to discuss issues related to the purchase of meters for the automatic system for commercial accounting of power…

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Ukraine: restrictions to be applied to grain, meat, dairy and egg exports within CUFTA

The tariff quotas will be applied to certain agricultural products delivered from Ukraine within the framework of the Canada-Ukraine Free Trade Agreement (CUFTA), including some cereals, dairy products, eggs, poultry and cattle meat, the press service of the Ukrainian Economic Development and Trade Ministry reported. In particular, Canada has the tariff quotas for the import…

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