Georgia: economy up in January 2019

Georgia’s economy is growing steadily, show the latest data from the National Statistics Office of Georgia (Geostat). The estimated real gross domestic product (GDP) growth rate in January equaled 3.5% YoY. Last month the estimated real growth, compared to the same period of the previous year, was posted in the following activities: trade; hotels and…

Armenia: electricity to be exported to Iraq

Armenia and Iraq are planning to launch energy cooperation, Ambassador Hrachya Poladian said after a meeting with Iraqi Minister of Electricity, Dr. Loay Al-Khatib. “The Ambassador noted the possibility of cooperation in the field of electricity transmission from Armenia to Iraq, and the use of alternative energy sources,” the Armenian Embassay said in a tweet.…

Ukraine: sugar production to drop

Sugar production in Ukraine in the 2019-2020 marketing year (MY, September 2019 – August 2020) could be reduced by 22% compared with the previous marketing year. The fall to 1.4 million tons is expected, as reported by the press service of the National Association of Sugar Producers of Ukraine “Ukrtsukor” with reference to a head…