The Russian ban on the supplies of food products established in 2014 contributes to development of domestic agro-industrial complex and should be extended after the end of its effective term (December 2017), the Minister of Agriculture of Russia Alexander Tkachev declared. “In order to further promote import substitution, increase the competitiveness of the domestic production…
Nordic Industries (Lithuania) received trader and broker certificates of Belarusian Universal commodity Exchange (BUCE) on August 9, BUCE spokesman Roman Yaniv said. “Besides participation in exchange auctions Nordic Industries is expected to bring new Lithuanian companies to BUCE’s trading platforms and will promote commodity exchange services on the Lithuanian market. BUCE and Nordic Industries are…
On August 9, the Ministry of foreign economic relations, investments and trade of Uzbekistan hosted a meeting with Advisor on trade and economic issues of the Embassy of the People’s Republic of China in Uzbekistan Jin Yulong. During the meeting, the sides discussed current state of bilateral trade-economic, investment and financial-technical cooperation. (UzDaily/Business World Magazine)
Kazakh Ambassador in China Shakhrat Nuryshev met with Vice President of the Aerospace Long-March International Trade Co. Ltd (ALIT) Zhao Chunchao in Beijing. During the meeting, the sides discussed the topical issues of bilateral cooperation in the sphere of space, unmanned aircrafts and defense industry complex. “Relations between Kazakhstan and China can serve as an…
Erlan Idrissov, Minister of Foreign Affairs of Kazakhstan, came up with a number of proposals to improve work with foreign investors. He said that the No. 1 goal was to create a pool of investment projects. “There is a host of projects”, Idrissov said, “that is why our work with investors sometimes lacks specifics. We…
Belarus saw a 0.4% inflation growth in July and 7.8% in January-July, the National Statistics Committee (Belstat) said. In January Belarus’ consumer prices grew by 1.9%, in February – by 2.9%, in March – by 0.8%, in April – by 0.7%, in May – by 0.5%, in June – by 0.4%. In July Belarus’ consumer…
Belarus’ foreign trade deficit totaled $148.7 million in January-June, compared to a $783.1 million surplus in January-June 2015, the National Bank of Belarus said. The overall turnover of commodities and services in foreign trade shrank by 13.6% YoY, to $28.156 billion. Exports of commodities and services dropped by 16.1% YoY, to $14.004 billion, and imports…