The GDP growth in the second quarter of this year was 1.3%, whereas it amounted to 0.1% in the first quarter. The First Vice Prime Minister, Economic Development and Trade Minister of Ukraine Stepan Kubiv said this at the Cabinet’s meeting. “We saw the growth of GDP by 0.1% in the first quarter of 2016…
During the first month of 2016/2017 season Ukraine exported a record monthly volume of peas – about 94 KMT (17.5 KMT in July 2015). The main share of exports was traditionally shipped to the Indian market – 65%. For India it was also a maximum monthly volume of Ukrainian peas imports. Turkey significantly increased purchase,…
Ukraine’s economy demonstrates a growing dynamics, thereby affording to fill the state budget and to invest in improving the quality of life of the Ukrainian people and citizens. Prime Minister of Ukraine Volodymyr Groysman announced this while opening a government meeting on Wednesday, the press service of the government’s portal reported. “In fact, today we…
Panasonic, one of the world’s largest manufacturers of consumer electronics, is launching TV-set production in Belarus, the company said in a press-release. Panasonic has considered several locations in other member states of the Customs Union, but has chosen Belarus as the best site in terms of quality, flexibility and production speed. Initially the company plans…
The Government of Moldova expects that after signing of the Deep and Comprehensive Free Trade Agreement with the EU (DCFTA), the exports of agricultural products to the EU market will grow by 15-18%, the Deputy Prime Minister, Minister of Economic Affairs of Moldova Octavian Kalmyk declared. According to him, the issue is mainly related to…
The Islamic Corporation for Development of the Private Sector (ICD) is discussing an opportunity of allocating $30 million to two Azerbaijani banks and a company. The agreements might be signed soon. The funds will be used to finance the projects in cotton-growing, food and textile industries. According to the ICD financing rules, the minimum amount…
Ambassador Extraordinary and Plenipotentiary of Belarus to Belgium with concurrent accreditation to Luxemburg, Belarus’ Permanent Representative in the European Union Alexander Mikhnevich expressed hope for further development of investment cooperation between Belarus and the European companies. “Many EU companies already have presence in Belarus. The most interesting sectors include machine-building, electronics, chemical products, pharmaceuticals, timber,…