The necessity to additionally capitalize state-run banks will be established after assessing their credit risks in line with the resolution of the National Bank of Ukraine (NBU) No. 351 on the approval of the procedure for determining credit risks under active bank transactions by banks that was recently endorsed, Deputy Finance Minister Yuriy Butsa has…
Turkmenistan’s President Gurbanguly Berdimuhamedov held a working meeting on preparations for the first Global Sustainable Transport Conference to be held on November 26-27 in Ashgabat, the Turkmen government said in a message. He said that in modern conditions the cooperation in the transportation and communications sector gained special importance as an essential factor of global…
In January-September Kazakhstan exported 5.2 million tons of grains including flour in grain equivalent, the expert of the department of plant growing products growing and processing at the Ministry of Agriculture Sagintay Zhumazhanov declared. In 2015 Kazakhstan supplied 7 million tons of grains and flour to foreign countries. The list of traditional importers of Kazakh…
Turkmenistan is committed to constructive cooperation in the Caspian Sea region, the Turkmen government said quoting the country’s President Gurbanguly Berdimuhamedov. The head of state noted the importance of consolidating efforts to work out balanced decisions on the Caspian Sea issues, including those related to the strengthening of the legal and contractual basis designed to…
The next meeting of the Turkmenistan-Latvia intergovernmental commission on economic, industrial, scientific and technical cooperation will be held in Riga, the Turkmen government said in a message. During the meeting it is planned to discuss the opportunities of expanding the cooperation in transportation and communication sector, in the spheres of agriculture, construction, healthcare, as well…
The Uzbek Acting President Shavkat Mirziyoyev and Turkey’s President Recep Tayyip Erdogan discussed the development of a “roadmap” for expanding the Turkey-Uzbekistan cooperation during the talks in Samarkand on November 18. The two leaders discussed the prospects of the Uzbekistan-Turkey cooperation development and exchanged views on the important regional and international issues. Shavkat Mirziyoyev and…
Russia’s oil company LUKOIL attracted a straight loan of $500 million from a consortium of banks in order to finance the project on development of the Gissar gas and condensate fields in Uzbekistan, LUKOIL said in a message. The consortium includes Intesa Sanpaolo Bank Luxembourg S.A. (Luxembourg), Natixis (France), Mizuho Bank Ltd. (Japan), UniCredit S.p.A.…