Kazakhstan’s foreign trade turnover amounted to $18.23 billion in January-April 2016, down by 29.8% YoY. Mutual trade with countries of the Eurasian Economic Union (EEU) dropped 1.4 times, to $3.62 billion during the period. Kazakh export, where 72% accounted for fuel and energy products, decreased by 31.2%, to $11.03 billion in January-April. The country’s export…
In an interview with the Russian Federation Today Magazine Ambassador Extraordinary and Plenipotentiary of Belarus to Russia Igor Petrishenko talked on the main causes of the problems in trade and economic relations between Russia and Belarus. “There are no big intractable problems in the Union State. But time does not stand still. The development of…
According to the Russian Slon.ru news portal, the Ukrainian economy has been showing stronger growth than that of Russia, according to the official statistics of the two countries. In the fourth quarter of 2015, Ukraine’s GDP did not fall as steeply as Russia’s, and, in the first quarter of 2016, even rose slightly in contrast…