Despite the establishment of industries, Kyrgyzstan continues to process only 15% of agricultural production, the Minister of Economy Arzybek Kozhoshev said at a government meeting. During 11 months of 2016 the volume of foreign trade of Kyrgyzstan decreased by 0.5% YoY. Exports amounted to $1.6 billion and decreased by 1.5%. Imports remained at the level…
At least 703 families got preferential mortgage loans under Affordable Housing program in Kyrgyzstan in 2016, First Deputy Prime Minister Mukhammetkaliy Abulgaziev said at a government session. According to him, the volume of lending amounted to 822 million soms. At the same time, the state mortgage loan rates decreased from 12% to 10%. At present,…
Exports of arms and dual- and special-purpose products by state-run Ukroboronprom Concern in 2016 grew by 25% YoY, to $756 million. These figures were announced by Ukroboronprom Deputy Director Denys Hurak at a forum on cooperation between the defense industry and small and medium-sized businesses. The concern’s state-run enterprises concluded contracts on arms exports last…
The Ministry of Agrarian Policy and Food expects that the Ukrainian agrarians in 2016 will collect some 64.2 million tons of grain, up by 4 million tons YoY, with the average yield of 44.8 hundredweight per ha, according to the ministry press service. According to the report, 26.1 million tons of wheat will be harvested,…
Turkish Airlines will add three more flights on the Istanbul-Kherson route to the summer schedule totaling 10 flights per week. From March 26, flights between Kherson (Ukraine) and Istanbul (Turkey) will be operated in the morning and in the evening. Morning flights will be operated on Mondays, Tuesdays, Wednesdays, Thursdays, Saturdays and Sundays with departure…
The Belarusian confectionery factory Spartak is expanding its store chain in China, Spartak Deputy Director General Dmitry Korolenko reported. Gomel-based factory Spartak opened its first store in Harbin in November 2016. In January two more stores opened their doors in Beijing and Shanghai. All three stores belong to Spartak’s partner from China. The stores sell…
A press conference dedicated to the launch of the Astana-Warsaw direct flight has been held at the Central Communications Service in Astana. Earlier it was reported that LOT would start operating the Warsaw-Astana flight on May 8, four times a week (on Mondays, Wednesdays, Fridays and Saturdays). “It is no coincidence that the launch of…