Ukraine and Georgia have agreed on the development of the Baltic Sea – Black Sea – Caspian Sea international transport corridor at the meeting of the joint intergovernmental commission on economic cooperation. Ukraine’s Vice Prime Minister for European and Euro-Atlantic Integration Ivanna Klympush-Tsyntsadze announced this at the briefing. “We agreed to continue cooperation on the…
In January-March Murmansk Sea Fishing Port JSC handled 78,900 tons of cargo, up by 14.5% YoY. The growth was driven mainly by transshipment of oil products. In the reporting period the company handled 37,100 tons of fish products (-9.1%). In March the port handled 30,400 tons of cargo (+39.4%), including 15,400 tons of fish (+…
Tajik and Kyrgyz entrepreneurs have declared their intention to expand cross-border trade. 35 representatives of border communities from Tajikistan’s Isfara district and Kyrgyzstan’s Batken district met in the Tajik northern city of Isfara on April 12, to discuss ways to promote expansion of the cross-border trade between the regions. The meeting organized under support of…
The Belarusian potassium manufacturer Belaruskali intends to start making a new kind of fertilizers using Chinese technologies, Ivan Golovaty, Belaruskali Director General, member of the International Affairs and National Security Commission of the Council of the Republic of the National Assembly of Belarus, declared. The executive said that Belaruskali was considering a number of investment…
The price of natural gas bought by NJSC Naftogaz Ukrainy from European suppliers, which is to be delivered in May, is $25-30 per 1,000 cubic meters lower than the price stipulated in the contract with Gazprom, Naftogaz Chief Commercial Officer Yuriy Vitrenko said. “We’ve completed buying planned volumes of imported gas in May. It is…
Latvia should watch out for the so-called Estonian model’s introduction in the country’s tax system, says World Bank senior economist Emilija Skroka. World Bank experts are skeptical about this idea. Skroka arrived in Riga for the presentation of the World Bank’s report on Latvia’s tax policy. It was previously mentioned that Latvia’s Finance Ministry plans…
The increase in money supply in circulation is one of the factors accelerating inflation processes in Tajikistan, says The Macroeconomic Review prepared by the Chief Economist Group at the Eurasian Development Bank (EDB). Money supply in circulation in Tajikistan has reportedly increased by 62%. This factor has also strengthened pressure on the exchange rate in…