Governor of the National Bank of Ukraine Valeria Gontareva has met with Dominique Strauss-Kahn, former IMF managing director (2007-2011) and a member of the Supervisory Board of Bank Credit Dnepr PJSC. At the meeting participants discussed the key problems and challenges facing the domestic banking sector that had direct implications for the country’s economic growth…
DetailsGermany will give Ukraine EUR 72 million in new aid for sustainable economic development, regional development, energy efficiency and internally displaced persons, Ukraine’s Deputy Economic Development and Trade Minister Maksym Nefyodov has said. Nefyodov signed relevant documents in Berlin on the results of two-day talks with the Economic Cooperation and Development Ministry of Germany. The…
DetailsThe Twinning project of the European Union, providing for support to the Infrastructure Ministry of Ukraine in the reform of the railway sector, was launched on November 3. According to the Twinning data, the EU project “Support to the Ministry of Infrastructure in creating conditions for the application of the European model of market to…
DetailsUkraine is preparing the expansion of military and technical cooperation with Indonesia: the sides are holding negotiations on a possibility of supplying Ukrainian An-148-300MP maritime patrol planes to the Asia-Pacific Region (APR). The press service of Ukrspecexport state-run company reported that during the negotiations between Ukrspecexport Director General Pavlo Bukin and Indonesian Navy officers at…
DetailsThe European Union (EU) is preparing a new program aimed at supporting small and medium-sized enterprises (SMEs) in Belarus and the vocational training system. Head of the European Union Delegation to Belarus Andrea Wiktorin made a statement to this effect in a speech at the Kastrycnicky Economic Forum (KEF-2016). Referring to SMEs as the backbone…
DetailsLast week wheat market remained the most active in Bulgaria. Increased demand both from traders and importers supported domestic and export prices. Export prices of milling wheat with 11.5% protein grew by $2 to $173-175/MT FOB for November delivery. Active Bulgarian wheat exports supported the market, as well as strengthening of export wheat prices in…
DetailsThe American Bureau of Shipping (ABS) classification society has started the audit of the Azerbaijan Caspian Shipping Company CJSC, the Azerbaijani company’s website said. The audit is being conducted in accordance with the international management standards, in the spheres of security, ecology, energy efficiency and labor protection. “The audit will be carried out in the…
DetailsBelarus’ proceeds from exports of petroleum products to Poland grew 3.4 times YoY in January-September to $149.3 million, a source in the profile ministry reported. Belarus exported 413,850 tons of petroleum products to Poland, up 5.2 times YoY. Belarus exported 151,080 tons of petroleum products in 2015 (up 2.57 times YoY) worth $76.4 million (down…
DetailsAs of November 4, Ukrainian agrarians harvested 55.903 million tons of grains throughout the areas of 12.845 million ha, or 90% of the plan. The average yield totaled 4.35 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine reported. At the same time, on the same date last year the production volumes reached 56.16…
DetailsIn October Belarus’ gold and foreign exchange reserves rose by $62.1 million if calculated in accordance with methods of the International Monetary Fund. According to preliminary data, the reserves totaled $4,817.1 million as of November 1, the Information and PR Department of the National Bank of the Republic of Belarus reported. In national terms the…
Details