Ukraine: 2018 budget to be ready on time

Ukraine’s Minister of Economic Development and Trade Stepan Kubiv says the draft national budget for 2018 has already been endorsed by all ministries and is to be submitted to the Verkhovna Rada for consideration within the timeframe established by law, i.e. before September 15. “As of now, the revenue and expenditure parts of the budget…

Latvia: butter price reaches its maximum

The price of butter in Latvia has reached its maximum, said Competition Council chairman Skaidrite Abrame. “Prices in Latvia have definitely reached the peak. Alternatives for imports of cheaper butter are being considered,” Abrama said, adding that butter in Estonia was at least 20-30% cheaper. Abrama also notes that prices for butter have grown considerably…

Azerbaijan to supply more wine to China

Azerbaijan, taking credit for being one of the world’s oldest wine growing countries, intends to expand the export of wine to China, the world’s second-largest economy. The issue was the key topic of talks between local winemakers and the trade representative of Azerbaijan in China, Teymur Nadiroglu. Nadiroglu informed entrepreneurs about the Chinese wine market,…