Belarus has sent the first commercial batch of beef to China, Aleksei Bogdanov, Head of the Central Office for Foreign Economic Activities of the Belarusian Agriculture and Food Ministry, declared. “A few days ago we sent the first container with beef using the Silk Road railway route to China. This is the result of hard…Details
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To date, US and Ukrainian corn are the most competitive products on the Chinese and other markets, but the absence of GM content is the major advantage of the latter, declared the Deputy of Ministry of Agrarian Policy and Food of Ukraine, Viktor Sheremeta. According to the official, Ukraine produces corn hybrids, but not GM-corn.…Details
In January-April Ukrainian sugar confectionery production totaled 22 thousand tons, down by 3.1% YoY, the State Statistics Service of Ukraine reported. According to the data, in April 5.5 thousand tons of sugar confectionery products were produced, down by 10.8% MoM and by 2.3% YoY. (UkrAgroConsult/Business World Magazine)Details
The International Monetary Fund (IMF) finds that the outlook for the Estonian economy is positive and growth will continue at close to 3.5% in the medium term, but noted that the biggest threat to this outlook was wage pressure not accompanied by growth in productivity. According to the IMF, external risks for Estonia are balanced…Details
In January-April at least 7,752,922.2 billion soms were allocated from the republican budget for servicing the state debt, the Ministry of Finance reported. According to it, 3,642.9 billion soms were spent on external debt. About 4,109.9 billion soms have been allocated from the treasury to repay the internal debt. As of March 31, Kyrgyzstan’s state…Details
Azerbaijan may introduce a unified tax on salary, Taxes Minister Mikayil Jabbarov said. This issue is being discussed as part of amendments to Azerbaijan’s Tax Code, he added. “This issue is very important for all taxpayers,” Jabbarov said. “This step is aimed at reducing the tax burden and facilitating the taxation of salaries. The unified…Details
Ukraine’s economy will manage to reach its pre-crisis level in 2021 if the GDP grows by 3-4% annually, First Vice Prime Minister – Economic Development and Trade Minister of Ukraine Stepan Kubiv said at the meeting of the National Investment Council. “The forecast for Ukrainian economy growth for 2018-2019 remains positive. According to the government’s…Details