The Swedish furniture manufacturer IKEA will launch its biggest Russia-based furniture factory worth 3.9 billion rubles ($60 million) on September 7, General Director at IKEA Industry Novgorod Alexander Kozlov said. “The plan is to launch the factory on September 7. This is going to be the biggest investment in IKEA’s new production site worth a…
Gazprom International has asked the Government of Tajikistan for permit for drilling the second well at the Sariqamish gas field in the Shahrinav district, Murod Jumazoda, Chairman of the Main Geology Directorate under the Government of Tajikistan, announced at a news conference in Dushanbe. According to him, they have not yet received the results of…
A free trade zone has opened on Tajikistan’s common border with China. “The free trade zone will begin operations on both sides of the Kulma border-crossing checkpoint in the near future”, Khudoberdi Kholiqnazar, Director of the Center for Strategic Studies under the President of Tajikistan, said. “Currently, working groups of Tajikistan and China are actively…
The agreement on a free trade area between Ukraine and Canada since the moment of taking force after its ratification by parliaments of the two countries will reduce imports duties for 98% of Ukrainian imported goods and for 72% of Canadian exports to nil, Ukraine’s Economic Development and Trade Ministry reported. “Imports duties on agricultural…
Representatives of National Nuclear Generating Company Energoatom have discussed a possibility of cooperation in infrastructure and engineering projects with Spain’s IDOM Ingenieria, the company’s press service reported. The press service said that special attention was paid to IDOM projects implemented in the nuclear and energy sector: stress tests at all Spanish nuclear power plants (NPPs),…
An exhibition of industrial goods of China’s Gansu Province is expected to take place in the Tajik capital of Dushanbe soon. An agreement on holding the exhibition in Dushanbe was reached during a meeting of Head of Tajikistan’s Chamber of Commerce and Industry (CCI), Sharif Said with Li Chong Tsan, Vice-Governor of Gansu Province, which…
Buckwheat and potatoes mostly rose in price in June in Kyrgyzstan. According to the data of the National Statistics Committee, in June there was a slight increase in prices for food and non-alcoholic products – by 0.4%. Growth of prices for buckwheat (11.4%), fresh meat (1.6%), potatoes (1.6 times, considering the new crop), alcoholic beverages…