China: Silk Road concept adapting to Russia’s Eurasian project

China’s Silk Road Economic Belt concept has been adapting to Russia’s Eurasian integration program, Russia’s ambassador to China Andrei Denisov said. “There has been significant progress in determining the mechanism of interaction between the Eurasian integration project and the Silk Road concept”, the ambassador said. “We have an opportunity to boost cooperation in all areas”,…

Belarus reports $2.397 billion commodity trade deficit in January-September 2016

Belarus’ foreign trade deficit stood at $2.397 billion in January-September to compare with a $1.844 billion deficit in January-September 2015, according to the National Statistics Committee (Belstat). Commodity exports decreased by 15.7% YoY, to $17.245 billion, while imports decreased by 11.9%, to $19.642 billion. Exports from Belarus included $10.422 billion worth of supplies to the…

Azerbaijan eyes closer contact with OPEC

OPEC Secretary General Mohammad Sanusi Barkindo received Azerbaijani Minister of Energy Natig Aliyev and Ambassador and Permanent Representative of the Permanent Mission to the International Organizations in Vienna Galib Israfilov. Non-OPEC countries were invited to join in talks following the Algiers Accord, reached in Algeria on September 28. Natig Aliyev said that Azerbaijan was very…