Belarus: gold and forex reserves up in July 2016

In July Belarus’ gold and foreign exchange reserves rose by $315.4 million if calculated in accordance with methods of the International Monetary Fund. According to preliminary data, the reserves totaled $4,629.6 million as of August 1, according to the Information and PR Department of the National Bank of the Republic of Belarus. In national terms…

Azerbaijan: export & investment opportunities with China expand

The Azerbaijan Export and Investment Promotion Foundation (AZPROMO) and the China Council for the Promotion of International Trade (CCPIT) signed a memorandum of understanding. The memorandum was signed during the meeting of representatives of AZPROMO and CCPIT in Baku. The memorandum stipulates expanding joint export and investment opportunities between Azerbaijan and China, as well as…

Ukraine to become a gas-exporting state

Ukraine soon will be able not only to buy gas, but also to produce it for sale, according to Ukrainian Vice Prime Minister, Housing and Utilities Economy Minister Hennadiy Zubko. The minister said that “Ukraine is interested in transferring from the state that imports to the state that exports gas”. According to him, this can…

Belarusian and Kazakh forestry industries eager to advance cooperation

Forestry industries of Belarus and Kazakhstan intend to advance scientific, technical, trade and economic cooperation. The agreement was reached when a Belarusian delegation led by Forestry Minister Mikhail Amelyanovich met with Deputy Agriculture Minister of Kazakhstan Yerlan Nysanbayev, the press service of the Belarusian Ministry of Foreign Affairs reported. Representatives of forestry enterprises and organizations,…