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Daily Archives: 2021-03-04

Ukraine: trade turnover up in January-February 2021

UkraineBy admin2021-03-04Leave a comment

In January-February, Ukraine’s trade turnover amounted to $17.57 billion, up by 4.44% YoY, according to data provided by the State Customs Service. Since the beginning of the year, the volume of imports has reached $9.09 billion, including $4.87 billion in February. The largest volumes of goods imported to Ukraine were mineral fuel, oil and products…

Latvia: remote work during state of emergency to become compulsory

LatviaBy admin2021-03-04Leave a comment

To reduce the spread of Covid-19, remote work may be proposed as compulsory during a state of emergency, as Latvia’s Prime Minister Krisjanis Karins has said. The prime minister said, referencing data reported by the Disease Prevention and Monitoring Centre, that coronavirus infections most often took place at work. “People feel safe in their respective…

Estonia: average wages and salaries up despite pandemic year

EstoniaBy admin2021-03-04Leave a comment

According to state data agency Statistics Estonia, the average monthly gross wages and salaries in Estonia in 2020 were EUR 1,448, up by 2.9% YoY. Trade, accommodation, catering and arts and entertainment however saw a decline in average wages during the corona-riddled year. The nearly 3% increase is the first time in ten years the…

Kyrgyzstan: temporary ban imposed on export of oil and oil products

KyrgyzstanBy admin2021-03-04Leave a comment

Temporary ban was imposed on the export of oil and oil products from Kyrgyzstan outside the customs territory of the Eurasian Economic Union. Prime Minister of the country Ulukbek Maripov has signed the corresponding decision. The decision was made to prevent a critical shortage in the domestic oil and oil products market. The ban is…

Uzbekistan: UzAuto Motors shifts delivery time due to global semiconductor shortage

UzbekistanBy admin2021-03-04Leave a comment

Uzbek car manufacturer UzAuto Motors plans to shift the delivery time of manufactured cars by up to two months, the company’s representatives have reported. The company cited a worldwide shortage of semiconductors as the reason. “Interruptions in the supply of chips and disruption of logistics chains have already caused the closure of a number of…

Ukraine: Rada passes bill on tax relief for large-scale investors

UkraineBy admin2021-03-04Leave a comment

The Verkhovna Rada, Ukraine’s parliament, has passed bill No. 3761 to amend Section XX “Transitional Provisions” of the Tax Code of Ukraine as regards specifics of taxation of business entities implementing investment projects involving significant funds. Some 246 lawmakers backed the draft law in the second reading and as a whole with the required minimum…

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