Latvia: cooperatives to join forces to resolve milk market’s problems

Members of the Latvian Association of Agricultural Cooperatives – a total of 18 cooperatives – agreed on improving positions of farmers in the Baltic region. “The goal behind cooperation is ensuring a comprehensive dialogue with milk-processing companies regarding the procurement price under conditions when the global market reduces dairy product prices. We remind that the…


Kazakhstan: smart transport system to be launched

In his new State-of-the-Nation Address Head of State Nursultan Nazarbayev revealed what the future held for national transport and logistics infrastructure. President Nazarbayev is convinced that Kazakhstan needs to introduce digital technologies in a big way. For instance, in the address entitled “New Opportunities for Development Amidst the Fourth Industrial Revolution” President Nazarbayev suggests using…


Ukraine: repair of Odessa-Reni highway to be completed in 2018

In Ukraine, with a 10-year warranty, almost 200 kilometers of the Odessa-Reni route were repaired, and the rest will be put into operation in 2018.

Infrastructure Minister Volodymyr Omelyan wrote this on his Facebook page. (Ukrinform/Business World Magazine)

Turkmenistan: wages up in 2018

Wages, pensions, state allowances and scholarships have been increased by 10% in Turkmenistan since January 1. The relevant decree of the Turkmen President Gurbanguly Berdimuhamedov was signed last July. The decree provides for an increase of 10% starting from the New Year on salary received by employees of enterprises of self-financing institutions and organizations financed…


Estonia: consumer prices up in 2017

Consumer prices increased by an average 3.4% in 2017 compared to 2016. They were influenced the most by food products and non-alcoholic beverages, which made up two fifths of the increase, Statistics Estonia reported on January 8. The price of milk, dairy products, and eggs increased by 10.4% YoY, accounting for the single indicator that…


Ukraine: poverty rate decreases

The poverty rate in Ukraine decreased to 12% in 2017, according to the results of the study conducted by the Kyiv International Institute of Sociology. “And this is one of the few but important achievements of Ukraine over the years. In 2008, after the beginning of the world crisis, the poverty rate increased to 21%,…


Azerbaijan: railways transport over 16,000 passengers during holidays

During holidays (from December 29 to January 4), 16,404 passengers were transported by trains running between Baku and Tbilisi and within Azerbaijan, Sevinj Gadirova, head of public relations department of Azerbaijan Railways CJSC, declared. She noted that this figure exceeded the usual indicator 2-fold. Gadirova added that taking into account the high passenger traffic, 73…


Ukraine: agricultural food exports to Japan at $80 million in January-November 2017

In January-November 2017 Ukraine exported agricultural food products to Japan at the sum of $80.2 million, including grain exports at $18.9 million, the Deputy Minister of Agrarian Policy and Food of Ukraine for European Integration, Olga Trofimtseva declared. According to the announcement, in the reporting period the imports of agricultural food products from Japan totaled…