The Cabinet of Ministers’ resolution dated August 5, determined additional measures on attraction of foreign investors to some joint stock companies. The resolution said that 17 joint stock companies failed to attract foreign investors in time due to poor work of top managers and inefficient organization of management. The document underlined that heads of eight…
India’s low-cost air carrier Go Airlines Ltd. (GoAir) has obtained permission to carry out flights to nine states, including Azerbaijan. GoAir, which is based in Mumbai, has obtained permission to carry out regular passenger flights to Azerbaijan, Iran, China, Vietnam, the Maldives, Uzbekistan, Kazakhstan, Qatar and Saudi Arabia starting from March 2017. “GoAir obtained permission…
GM Uzbekistan shipped the first party of Nexia R3 automobiles to the Russian Federation last week. The company’s statement said that it shipped the first batch of Nexia R3 automobiles to the Russian Federation on August 11, after sending R2 cars. Nexia R3 is equipped with a gasoline engine with a volume of 1.5 liters.…
Electricity and heating tariffs will not increase in 2016. The Prime Minister Sooronbay Jeenbekov announced this during a conference call on the preparation for the heating season. According to him, such an order was received from the head of the country Almazbek Atambayev. However, the current tariff policy does not allow power companies to cover…
China, UAE and European countries are interested in the construction of Kambarata-1 and Upper Naryn HPP cascade, the National Energy Holding reported. At present the power engineers are studying the received proposals to choose the most suitable investor. The President instructed the government to find investors for the construction of Upper Naryn HPP cascade after…
The Belarusian state-owned Bobruisk Tractor Units Plant, based in Mogilev region, plans to make a contact till the end of 2016 to ship two hundred Belarus-421 series tractors to Indonesia, a company official reported. Indonesia’ Ministry of Agriculture has decided to purchase Belarus-421 series tractors in the framework of state programs to support farming. Exports…
Belarus has been working on a new edition of the bill “On state purchases of goods, works and services” dated July 12, 2013, Irina Tretyakova of the Trade Ministry announced. The new edition of the law is supposed to make allowance for all tricky aspects of procedures relating to state purchase contracts, the official said.…