Belarus is due to host an investment forum in Minsk on September 29-30. Entitled “Broadening the Horizons: Investment, Finance, Development”, the forum will focus on innovations, inflow of foreign direct investments (FDI), and protection of intellectual property rights. The major goal of the forum is to discuss relevant aspects of investment cooperation and attract the…
Belarus will reduce export duties on oil and oil products exported outside the customs territory of the Eurasian Economic Union on September 1. The decision is contained in Council of Ministers’ executive order No. 689 of August 30, the press service of the Belarusian government reported. The export duty on crude oil will go down…
Belarus’ proceeds from potash exports fell by 38.3% YoY in January-June to $896.215 million, Belarus’ National Statistics Committee (Belstat) said in an official report. Potash export proceeds decreased as a result of a 22.19% drop in the physical volume of Belarusian potash supplies to 2.31 million tons (in terms of 100% potassium chloride). The average…
Liquefied gas exports by Belarus’ state oil and gas production monopoly Belorusneft edged down by 30.5% YoY in January-June to $73.7 million, a source in the profile ministry reported. Belorusneft runs a special facility, which produces liquefied gas. Belarus decreased liquefied gas export by 11.4% in January-June to 2,988,300 tons. Export proceeds decreased exclusively due…
As of August 1, Belarus’ external state debt totaled $13.3 billion, up by $847 million or by 6.8% since the beginning of the year (taking into account differences in currency exchange rates), representatives of the Belarusian Finance Ministry said. In January-July external state borrowings totaled $1.3 billion, including $800 million borrowed from the Eurasian Fund…
Azerbaijan Airlines (AZAL) announced the launch of a new autumn campaign, timed to Gurban holiday. A 20% discount will be applied when buying round-trip air tickets in the period from September 5 to 30, to/from Baku to the following destinations: London, Milan, Berlin, Paris, Prague and New York. Departure period: September 15 – December 10.…
Turkmenistan and Germany signed an agreement on avoidance of double taxation with respect to income and property taxes in Berlin. The signing ceremony took place as a part of the two-day working visit of Turkmen President Gurbanguly Berdimuhamedov to Germany on August 29-30. Turkmengas State Concern also signed the memorandums of understanding with such companies…