Ukrainian agribusinesses exported 38.6 million tons of grains from July 1, 2017, the start of 2017-2018 marketing year (MY), to June 20, 2018. In particular, Ukraine exported 16.8 million tons of wheat, 4.2 million tons of barley, 36,800 tons of rye, and 17.3 million tons of maize, the Ukrainian Agrarian Policy and Food Ministry’s press…Details
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Georgian Airways is to resume direct flights from Astana to Batumi, the Civil Aviation Committee of the Ministry of Investments and Development of Kazakhstan said in a message. The flights will be carried out once a week on Fridays from June 22 to September 1, according to the message. Batumi is located on the Black…Details
The Mogilev-based producer of confectionery and bakery products Domochay intends to start selling deep-frozen confectionery and bakery products to the European Union in H2 2018, the company’s Director General Natalya Podlesnykh reported. The company’s CEO said: “We’ve done a lot of work to reach this promising and capacious market. It was quite hard considering the…Details
The National Bank of Kyrgyzstan intends to increase the share of gold in the gross international reserves from 16% to 50%, the Chairman of the National Bank Tolkunbek Abdygulov stated. According to him, this is what the National Bank can do in an attempt to protect itself from the volatility of currencies in China and…Details
Prime Minister of Ukraine Volodymyr Groysman has stated that the foreign debts accumulated for 2005-2013 impede raising social standards in Ukraine now. He said this at a meeting of the Verkhovna Rada Committee on Economic Policy. “In 2005-2013 Ukraine accumulated almost $50 billion in foreign debts. This year we have to spend UAH 130 billion…Details
Ukraine is expected to reach energy efficiency at the level of 9% by 2020, compared with the situation in 2005-2009, by implementing the European energy efficiency directives. “Today all the international partners help Ukraine move towards energy efficiency. However, this path is impossible without the implementation of key European energy efficiency directives and a roadmap,…Details
The excise tax on automobile fuel may be scrapped, according to the Belarusian Deputy Finance Minister Dmitry Kiyko. The deputy finance minister said: “We now recognize as a possibility that the state budget may lose considerable revenues within the next 3-5 years and are working out measures to minimize these risks. The greatest challenges include…Details