Minister of Infrastructure Volodymyr Omelyan said that Ryanair, the Irish-based low-cost air carrier, might not launch its operations in Ukraine in 2017. “If the negotiations are deliberately delayed, while they (Ryanair) distribute the routes for their aircraft for the whole year, we will say that Ryanair will come next year,” Omelyan said. “But they will…
Belarus is supplying frozen bread to eight counties, head of the main department for bakery products of the Belarusian Agriculture and Food Ministry Vadim Pobedinsky said. “Today we are exporting frozen bakery products to eight countries. Among them is Russia (over 80% of the exports), Israel, Panama, the USA, Tajikistan, and Australia,” Vadim Pobedinsky said.…
Kazakhstan’s aviation safety efforts have been marked with a recognition award on behalf of the ICAO Council President, the press service of the Kazakh Ministry for Investment and Development reported. Kazakhstan has been one of the first ICAO Member States to receive this award in recognition of the significant progress in resolving aviation safety oversight…
Tajikistan switches to electricity supply on prepayment basis. An automated system for monitoring and recording electricity consumption will be launched in Dushanbe in the near future and the electricity will be supplied to the citizens only on prepayment. The government of Tajikistan issued a resolution on the introduction of a billing (automated) system to monitor…
Azerbaijani banks sold $621.67 million in January-June, down 2.7-fold YoY, according to the report of the Central Bank of Azerbaijan (CBA). Bank clients purchased 10.35 million pounds sterling, 126.58 million euros and 1.09 billion Russian rubles in cash over the six months of this year. (Trend/Business World Magazine)
Turkmen Foreign Ministry hosted a meeting with the Georgian delegation headed by country’s Deputy Finance Minister Nikoloz Gagua, in Ashgabat. The sides discussed issues of trade and economic relations, as well as possibilities of major strategic projects in this area. “The Turkmen side expressed its commitment to the development of cooperation with the countries of…
Raiffeisen Bank Aval (Kyiv) has issued a loan in the national currency for UAH 400 million to the International Finance Corporation (IFC). According to the website of Raiffeisen Bank Aval, the loan is granted for eight years. The IFC will use the funds raised to finance the investment projects of Ukrainian companies. “We are working…