Ministry of Agriculture and Food of Belarus has signed the Protocol of Cooperation with Chinese DRex Food Group and Xinrongji Holding Group which provides for investment in agriculture of the Republic approximately $1 billion, reports the Interfax-West.
The World Bank has improved its forecast for the growth of Ukraine’s GDP in 2018 to 3.5% from 3%, while the forecast for 2019 has been revised upwards to 4% from 3%, according to previous the projections given in January 2017.
One of the key tasks for the Ministry of Agrarian Policy and Food of Ukraine is to increase the investment attractiveness of Ukrainian agricultural sector.
At their general meeting in June, the stockholders of Milkiland N.V. intend to consider appointment of former energy and coal industry minister Pavlo Sheremeta.
The Warsaw Stock Exchange (WSE) on May 4, 2017 suspended trading with shares of Milkiland N.V. (the Netherlands, the holding company of Milkiland Group).
The trade restrictions imposed by Belarus in early April have affected Ukrainian cheese product trade and forced many Ukrainian cheese exporters to work out new trade schemes. At the same time it contributed to some stabilization in cheese making industry. – INFAGRO
Janis Sholks, head of the Union of Latvian milk processors, speaking at Radio Baltkom in the program “Morning on Baltkom”, said that the Russian embargo does not affect Latvian dairy industry anymore and the volume of exported dairy products outperformed that of 2014.
Raw milk prices in Ukraine have been demonstrating a downward trend since February. April will not be an exception. The expected decline in the Infagro index will be 9 points (4.2%) to March, which is 32 points (18.4%) higher than in April 2016 – INFAGRO
The spring surplus of milk makes Ukrainian dairy processors, albeit reluctantly, but increase drying of milk. The reason for the lack of enthusiasm is evident: firstly, the price for this product is too low, and secondly – raw milk is still not so cheap to profitably manufacture powdered milk. – INFAGRO
Alexander Lukashenko, President of Belarus, has signed the Customs Code of EAEU. This was confirmed by spokeswoman of the Head of State Natalie Eysmont. – BELTA
