Uzbekistan: Competition committee and German Foreign Ministry discuss cooperation

The State Privatization, Demonopolization, and Competition Development Committee met with the representatives of Germany’s Foreign Ministry to discuss cooperation. The committee has closely worked together with German experts, including Finance Ministry, since 2009, pushing off the Memorandum of Understanding in Privatization and State Property Control. German support helped introduce the Corporate Governance Code in 2016,…

Ukraine: UIA denies financial relations with PrivatBank

Ukraine International Airlines (UIA, Kyiv), the country’s largest air carrier, has refuted any financial relations with PrivatBank (Dnipro). According to UIA, PrivatBank board chairman Oleksandr Shlapak in an interview with the Ekonomichna Pravda edition published on March 9, argued that all financial and budgetary operations of UIA had allegedly been outsourced to the bank. “We…