Sun, 12 Jul 2020

ANKARA -- Turkish producers hail China's decision to give the green-light for imports of Turkey's milk and dairy products as it will be a vital income for producers who have seriously felt the fallout of the COVID-19 pandemic.

The decision was announced on Thursday by Turkish Trade Minister Ruhsar Pekcan.

"The obstacles in exports of milk and dairy products have been lifted," she said in a series of tweets. (Turkey-China-Dairy Exports)

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NAIROBI -- Kenyan President Uhuru Kenyatta on Saturday announced an economic stimulus package totaling 53.7 billion shillings (about 502 million U.S. dollars) to cushion citizens from economic shocks triggered by COVID-19 pandemic.

Kenyatta said during a televised address that the new funding will support the revival of key economic sectors like agriculture, manufacturing and tourism that have experienced a downturn due to the pandemic. (Kenya-Stimulus)

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CHICAGO -- Chicago Board of Trade (CBOT) agricultural futures were mixed for the trading week ending May 22 as a lack of health confidence hung over an effort by many U.S. states to end stay-at-home orders and restart economic activity halted by the COVID-19 outbreak.

Spending and investment will stay extremely cautious until a vaccine is distributed, according to AgResource, a Chicago-based agricultural research firm. (US-CBOT-Agriculture)

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KAMPALA -- Uganda on Saturday flagged off the exportation of the first batch of locally made mobile phones, a minister announced.

Evelyn Anite, state minister for finance, investment and privatization, said in a tweet on Saturday she witnessed the flag-off of mobile phones made by a Chinese-owned company. (Uganda-Mobile phones)

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