Russia was ranked first in a list of commodity-based economies by foreign investment diversification, according to an analytical survey conducted by the Financial Times. According to the survey covering the period from 2003 till 2015, Russia raised investments in more than 4,000 new initiatives across 39 analyzed sectors. Financial services, industrial machinery, food, tobacco and…
Russia’s state-controlled gas company Gazprom announced in its quarterly report that it has given up licenses for exploration and development of the Sariqamish and Western Shohambari gas fields in Tajikistan. The report, in particular, notes that the central commission for mineral development and license movement management has decided to give up the licenses in connection…
Tashkent International Airport introduced an automated system of luggage scanning, which allows to decrease time of luggage processing. The system was introduced to improve quality of services, provided to population. The airline said that the new system was launched in April. The system allows to decrease time of issuing of luggage to passengers. Number of…
Over the first seven months of this year, the external trade turnover of Tajikistan, including electrical power, has amounted to about $2.21 billion, down by 8.1% YoY, or by $56.6 million, according the Agency for Statistics under the President of Tajikistan. The trade balance in January-July has been negative and amounted to more than $1.203…
Fund for supporting small businesses and private entrepreneurs provided legal, financial and organizational services to 1,646 enterprises to promote goods and services to external markets in the first half of 2016. The export agreements for $1.32 billion have been signed. Some 379 enterprises exported their products and services valued at $643 million. Number of enterprises,…
OAO Savushkin Product processes up to 2,000 tons of milk per day and produces over 200 descriptions of dairy and juice products under the brands Savushkin, Brest Litovsk, Optimal, Laskovoye Leto, and Na100yashchiy. The company exports to over 20 countries, including Russia, Kazakhstan, Azerbaijan, Uzbekistan, the United Arab Emirates, Jordan, Singapore, South Korea and the…
The Asian Development Bank (ADB) will consider the possibility of allocating a $200 million loan for implementation of the International North-South Transportation Corridor (INSTC) project, said an ADB message on its website. An ADB mission will stay in Azerbaijan from November 14 to November 25, in order to gather information about the project, according to…