Hazelnut harvest will exceed 50,000 tons in Georgia, the Hazelnut Growers Association has reported. More than 90% of the harvest will be exported, and the key markets will be Italy and Germany. The association noted rapid development of the sector over the past few years. If the climatic conditions and amount of pests remain stable,…
Gas Transmission System Operator (TSO) of Ukraine LLC and PJSC Ukrenergo National Power Company have launched the cooperation on consolidating the development of the gas transmission and energy systems of Ukraine, according to the Corporate Communications Department of Gas TSO of Ukraine. “Gas TSO of Ukraine and Ukrenergo held a joint strategic session on planning…
The international reserves of Ukraine until the end of 2020 may exceed the level of $27.2 billion in the April forecast of the National Bank of Ukraine (NBU), the press service of the regulator has reported. “The relatively favorable situation in the world commodity markets, a significant decline in imports and the signing of a…
Kazakhstan will resume international air service to Turkey, China, South Korea, Thailand, Georgia and Japan, the Industry and Infrastructure Development Ministry’s press service reports. In accordance with the decision of the interdepartmental commission for prevention of coronavirus spread in Kazakhstan as of June 11, taking into account recommendation of the Kazakh Healthcare Ministry and WHO…
Major shippers operating between Tallinn and Helsinki are predicting a rapid increase in travel from Finland to Estonia. Tallink Silja CEO Margus Schults said that tickets to Tallinn had been available for sale since the beginning of June, but now the company had the opportunity to actively market them as well. Viking Line has likewise…
As of June 1, losses of budget of Kyrgyzstan amounted to 14.1 billion soms, the Deputy Prime Minister of the country, Erkin Asrandiev, announced. According to him, the state budget did not receive 6.4 billion soms in taxes, including the republican budget did not receive 5.5 billion soms. Shortfall in customs duties and fees is…
Prime Minister Denys Shmyhal expects Ukraine’s economy to grow from the beginning of the third quarter and sees no reason for collapse in the fall. “We have macroeconomic projections for the development of Ukraine’s economy from the Economic Development Ministry which are based on the work of think tanks, research institutions. We also have macroeconomic…