Belarus raised export duties on oil and oil products, exported outside the customs territory of the Eurasian Economic Union, on October 1. The relevant decision was stipulated by the Council of Ministers’ executive order No. 773 of September 27, the press service of the Belarus government reported. The export duty on crude oil goes up…
Belarus plans to increase its industrial production in Moldova, Belarus’ Prime Minister Andrei Kobyakov said, as he commented on the forthcoming official visit to Moldova. “We have been steadily developing bilateral cooperation. A number of assembly plants have already been set up. We plan new companies and think of increasing production”, Andrei Kobyakov said. According…
OAO Belagroprombank is planning to attract the loan of the Nordic Environment Finance Corporation (NEFCO) to sponsor environmental projects. The relevant agreement was signed by the bank and NEFCO on September 28, in Minsk. The Nordic Environment Finance Corporation (NEFCO) is an International Financial Institution established by the Nordic Governments in 1990. NEFCO provides results-based…
Transfers of Azerbaijan’s state oil fund SOFAZ to the state budget are expected at the level of 6.1 billion manats in 2017, dwon by 1.515 billion manats (19.9%) YoY, according to the presentation of the state and consolidated budget projects for 2017. According to the project, SOFAZ’s revenues are forecast at the level of 8.37…
The economy of the Russian segment of the Internet, widely known as the Runet, will add 16.7% in 2016 to 1.581 trillion rubles, the Russian Association for Electronic Communications (RAEC) said. The growth is secured by a number of factors, including expansion of users’ expertise in Internet surfing, an omnipresent access to the Web and…
Russia is ready to consider joining OPEC and other oil producing countries in their efforts on the oil market, Energy Minister Alexander Novak reported. OPEC agreed to limit oil production in a 32.5-33.0 million barrel a day range, although the level for Iran, Libya and Nigeria has not been defined yet. The agreement is to…
Ukrainian President Petro Poroshenko has expressed appreciation to the United States for the decision on loan guarantees and invited U.S. companies to join the National Investment Council. “The last decision on granting loan guarantees from the U.S. government is the recognition of our achievements, as well as the decision of the International Monetary Fund to…