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Belarus hopes to restore its dairy supplies to Russia soon

BelarusBy admin2016-08-17Leave a comment

The Belarusian Agriculture and Food Ministry hopes restrictions on the delivery of Belarusian dairy products to the Russian market will be lifted soon, Deputy Agricutlure and Food Minister, Director of the Veterinary and Food Control Department Alexander Subbotin said. “Special working groups have been set up to address the current issues. They are comprised of…

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Belarus: potash exports to Ukraine up in H1 2016

Belarus, UkraineBy admin2016-08-17Leave a comment

Belarusian Potash Company (BPC) shipped 21,014 tons of potash fertilizers to Ukraine in January-June, up 2.2 times YoY. Potash export proceeds from Ukraine-bound shipments grew 2.1 times YoY to $9.2 million. Established in September 2013, Belarus Potash Company (BPC) has regional dealerships in Delhi, Beijing, Singapore and Sao Paulo. BPC facilitates potash exports to Europe,…

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Belarus: light industry reports 9% increase in exports in H1 2016

BelarusBy admin2016-08-17Leave a comment

Companies controlled by Belarus’ light industries concern Bellegprom increased exports by 9% YoY in January-June to $239.9 million, Bellegprom said in a release. Exports to the CIS states accounted for 84.2% of Bellegprom companies’ total export volume (exports to Russia – 74.2%). Exports to Ukraine grew by 15.4% to $11.6 million. Bellegprom companies increased output…

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Azerbaijan: 71 state facilities put up for privatization

AzerbaijanBy admin2016-08-17Leave a comment

Seventy-one state facilities were put up for privatization in Azerbaijan, the country’s State Committee for Property Affairs said. Of them, 31 are joint stock companies operating in various sectors of economy, two are non-residential areas, 10 are means of transport, and 28 are other state properties and facilities. Total value of shares of the enterprises…

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Uzbekistan: Ravon presented in Ukraine

Ukraine, UzbekistanBy admin2016-08-17Leave a comment

GM Uzbekistan, an Uzbek-US joint venture, presented its automobile brand Ravon in Ukraine, the press service of the company said. GM Uzbekistan started to sell its automobiles under Ravon brand in external markets in 2016. The company also works on expanding dealers’ network in the CIS states. During the presentation, the company presented automobiles Matiz,…

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Uzbekistan: NBU assets reach 18 trillion soums

UzbekistanBy admin2016-08-17Leave a comment

On August 15, the National Bank for foreign economic activity of the Republic of Uzbekistan held a press conference. It was attended by representatives of the media, members of the NBU and representatives of the Fund for support of export of small business and private entrepreneurship. Particular attention at the meeting was paid to the…

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Azerbaijan: ADB allocates funds as technical assistance for large-scale energy project

AzerbaijanBy admin2016-08-17Leave a comment

The Asian Development Bank (ADB) has allocated more than half of the funds’ volume within the framework of a grant worth $800,000 for operational preparation of an investment program of electricity distribution development in Azerbaijan, the ADB said in a statement posted on its website. ADB has provided Azerbaijan with $455,280 since the beginning of…

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Belarus: oil exports to Poland up in H1 2016

BelarusBy admin2016-08-17Leave a comment

Belarus’ proceeds from exports of petroleum products to Poland grew 2.19 times YoY in January-June to $111.3 million, a source in the profile ministry reported. Belarus exported to Poland 326,339 tons of petroleum products in January-June, up 4.26 times YoY. Belarus exported 151,080 tons of petroleum products in 2015 (up 2.57 times YoY) worth $76.4…

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Ukraine: rise in GDP accelerating in Q2 2016

UkraineBy admin2016-08-16Leave a comment

Ukraine’s real gross domestic product (GDP) in the second quarter of 2016 increased by 1.3% YoY, whereas in the first quarter of this year the figure was a mere 0.1%, the State Statistics Service has said. According to live data, Ukraine’s GDP in the second quarter of 2016, taking into account the seasonal factor, rose…

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