Private oil companies will join the initiative to limit oil production in the country if Russia makes such a decision, oil major Lukoil CEO Vagit Alekperov said. “We wait for the end of November when precise quotas (of OPEC), a precise validity period of these agreements is defined. We hope this will push oil prices…
DetailsKazakhstan is ready to share its practices in the development of public-private partnership with Belarus, Deputy Chairman of the Board of the Kazakhstan Public-Private Partnership Center Galymbek Mamrayev said. Kazakh experts worked on a technical assistance project in Belarus in April. They analyzed the prospects for the development of PPP in Belarus. “Today we see…
DetailsKazakhstan is interested in advancing cooperation with Belarus in information technologies, Galymbek Mamrayev, Deputy Chairman of the Board of the Kazakhstan Public Private Partnership Center, said. The expert said: “We are now opening our market to IT companies. Belarus is a leader in this field, this is why we expect that cooperation between our countries…
DetailsIn January-August Russian agricultural enterprises increased grain selling volumes by 9.9% YoY to 26.6 million tons, the Federal State Statistics Service (Rosstat) declared on September 29. In particular, in August the reporting index totaled 7.6 million tons, up by 5.4% YoY. (APK-Inform/Business World Magazine)
DetailsIn 2016/2017 MY, the export volumes of grains from Russia will reach 40 million tons, the General Director at SovEcon Andrei Sizov declared. The supply and demand balances in the current agricultural year formed in such way that the grain resources would total nearly 130 million tons. Therefore, SovEcon forecasts the exports at such a…
DetailsAccording to the official statistics data, in the first two months of the season-2016/2017 (July-August) Ukraine imported 8.8 thousand tons of rye flour, while in the same period of the previous season – 1 ton only. In the current year, Belarus supplied the whole volumes of rye flour. Ukraine significantly increased foreign purchases of rye…
DetailsThe projected volume of grain exports in 2016/2017 agricultural year (July-June) could total over 40 million tons, Ukrainian Agricultural Policy and Food Minister Taras Kutoviy said after signing a supplement to the memorandum of understanding with grain traders. “According to forecasts, exports would exceed 40 million tons. This is the highest figure in the history…
DetailsFederal Freight, a unit of Russian Railways, plans to lease around 16,000 rail cars from VEB-Leasing for five years to substitute its written-off fleet. The deal will become part of a big cooperation agreement between Vnesheconombank (VEB) and Russian Railways, which is planned for signing, and in the future, the sides will develop cooperation in…
DetailsThe European Commission has decided to expand access to the European Union (EU) market for some Ukrainian goods, EU Trade Commissioner Cecilia Malmstrom has said. The press service of Ukraine’s Cabinet of Ministers gave this information, referring to a statement of the EU commissioner at a meeting with Ukrainian Prime Minister Volodymyr Groysman. “EU Trade…
DetailsUkrainian Deputy Prime Minister for European and Euro-Atlantic integration Ivanna Klympush-Tsintsadze has estimated the economic impact of a possible increase in EU quotas for Ukrainian agricultural products to reach $200 million. “We received proposals yesterday, and preliminary assessments by our Ministry of Agrarian Policy stand at about $200 million. It is farm produce alone, the…
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