Azerbaijan is holding negotiations to create pharmaceutical plants jointly with Turkish and Ukrainian companies, Shahin Mustafayev, Azerbaijani economy minister and chairman of the country’s Tariff (price) Council, said. Mustafayev noted that currently those Turkish and Ukrainian companies were preparing business plans and documents on technical justification of their projects. “Meanwhile, work is being carried out…
In 2016 Ukraine exported $152.063 million worth of electricity, in particular $14.278 million in December 2016. According to the State Fiscal Service, electricity delivered to Hungary amounted to $119.317 million last year, to Poland to $32.392 million, Moldova to $347,000, and other countries to $7,000. Thus, in money terms exports of Ukrainian electricity last year…
Fight against poverty is the biggest challenge for the Ukrainian government, Prime Minister of Ukraine Volodymyr Groysman said. “What is our biggest challenge now? The biggest challenge is the fight against poverty. We must overcome the poverty in our large country”, Groysman said. The head of government stressed that “on the one hand, we need…
In December 2016 Belarus’ gold and foreign currency reserves rose by $88.9 million if calculated in accordance with methods of the International Monetary Fund. According to preliminary data, the reserves totaled $4.927 billion as of January 1, 2017, the Information and PR Department of the National Bank of the Republic of Belarus reported. In national…
The Brest Office of the Belarusian Chamber of Commerce and Industry (BCCI) is organizing a business visit to the 7th international exhibition TSW 2017 that is due to take place in Warsaw on January 11-12, head of the foreign economic cooperation department of the BCCI Office in Brest Yelena Pivnik reported. A group of representatives…
Ukraine’s Finance Ministry at the end of 2016 additionally injected 107 billion UAH into PrivatBank (Dnipro), Fitch Ratings has said in a press release. At the end of 2016 Fitch Ratings downgraded ratings of the financial institution. Fitch said that in December 2016 the Finance Ministry paid 107 billion UAH for shares of PrivatBank. The…
A full round of talks on Belarus’ accession to the World Trade Organization will be held in January, reads the review of Belarus’ foreign policy and the activities of the Ministry of Foreign Affairs in 2016. “The negotiations on Belarus’ accession to the World Trade Organization have been intensified pursuant to the instructions of the…