Belarus produced 664,600 peat briquettes in January-October, up by 19.5% YoY, the Energy Ministry of Belarus reported. Belarus’ peat output totaled 1.486 million tons in January-October, up by 29.4% YoY. Peat in Belarus is available at an extremely competitive price compared to the cost of natural gas, coal and wood chips. Peat is currently used…
DetailsIn spite of slow non-life insurance market growth in Latvia, which had reached a mere 6% in the first three quarters, BALTA insurance association concluded the first nine months of 2016 with profits of EUR 3.2 million. According to the company’s representatives, the company’s growth has reached 14% in comparison with the same period of…
DetailsAzerbaijan plans to send its first trade mission to Pakistan in late January – early February 2017, Azerbaijani Economy Minister Shahin Mustafayev said. “The purpose behind sending the mission is to expand bilateral trade with Pakistan”, Mustafayev said. Azerbaijan has been sending trade missions to various countries since November in order to increase its exports.…
DetailsIn January-November Ukrainian seaports processed 35.74 million tons of grain cargoes (including 34.986 million tons of grains), up by 6.7% YoY. In particular, the grain exports totaled 34.813 million tons (up by 6.1%), the state enterprise Ukrainian Sea Ports Authority declared. In the reporting period state stevedoring companies processed 2.703 million tons of grains at…
DetailsAzerbaijan and Pakistan have agreed on the main areas of bilateral economic cooperation, Khurram Dastgir Khan, Pakistan’s federal minister for commerce, reported. “We have agreed on three main areas to work in. The first area is the creation of a joint working group to review the issue of preferential trade between our countries”, the minister…
DetailsAzerbaijan’s Azre reinsurance company has sent a delegate to Iran to explore the market in hope of future cooperation. “We started cooperating with Iran two years ago. The cooperation is quite successful and we are participating in several treaties in Iran. So far I think we have signed more than eight or nine contracts”, Azre…
DetailsAzerbaijan is ready to create necessary working conditions for Pakistani companies in the country, Shahin Mustafayev, Azerbaijani minister of economy, said. “Pakistani companies show interest in activity in such fields in Azerbaijan as industry, production of agricultural equipment, accumulators, as well as pharmaceutics”, the minister said. He added that pharmaceutics was of special interest for…
DetailsIn January-November Ukrainian seaports processed 4.223 million tons of bulk vegetable oils, up by 16.9% YoY, the state enterprise Ukrainian Sea Ports Authority informed. In particular, state stevedoring companies processed 142.95 thousand tons of vegetable oils at the berths of Ukrainian Sea Ports Authority (up by 16.5% YoY), private stevedoring companies at the berths of…
DetailsAs of the end of October Moldova-Agroindbank remained the major lender, giving out loans equal to MDL 10 billion 944.8 million, or 30.5% of all loans given out as of this date. The month before the bank lent MDL 11 billion 095.8 million. Moldindconbank and Victoriabank were the second and the third to Moldova-Agroindbank, retaining…
DetailsMinister of Agriculture Ignati Arakelyan has proposed producing wine, champagne and gin from honey in Armenia, a statement issued by the ministry said. Arakelyan met with a group of Armenian beekeepers to discuss the problems in the field and their possible solutions. Dwelling upon priority issues, the beekeepers singled out the necessity to diversify bee…
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