Ukraine’s military export agency, Ukrspecexport, which is a part of the Ukroboronprom defense giant, has unveiled the Sokil-300 (Falcon-300) strike drone at the biennial International Defence Exhibition and Conference (IDEX) in UAE. The Sokil-300 surveillance and reconnaissance UAV with strike capabilities has been developed by the Kyiv-based LUCH Design Bureau for the Ukrainian Armed Forces.…
Ukraine in 2020 updated its absolute record for poultry meat exports, having supplied 431,000 tons abroad, however, revenue from the sales decreased to $555 million against $579 million in 2019. “A common trend in 2020 was the strengthening of the position of Ukrainian meat products on the foreign market due to chicken meat,” the press…
Prime Minister of Kyrgyzstan Ulukbek Maripov has held a meeting on the development of construction industry. The head of Government noted that the construction sector was one of the main indicators of economic growth in the country. Its share in GDP is 10%. More than 900,000 square meters of housing were commissioned in 2020 due…
The state railtrack company Eesti Raudtee estimates the freight capacity for the ongoing year to stand at 12.5 million tons, up by 1 ton from 2020. In January, the freight volume on Estonian railroads reached 1.2 million tons, up by 32% YoY. According to Eesti Ruadtee commercial director Arthur Raichmann, a similar trend should continue…
In January, the Freeport of Riga handled 1.7 million tons of cargo, down by 20.3% YoY. According to the port’s statistics, handing of grain increased by 42.3%, to 275,000 tons, coal handling fell by 99%, to 4,000 tons, chemicals – by 16.1%, to 102,200 tons, ore – 99,600 tons (no handling in January 2020), wood…
The central bank of Uzbekistan has imposed sanctions on 15 domestic banks, the organization’s press service reports. These include Agrobank, Peoples’ Bank, Mikrokreditbank, National Bank, etc. The regulator said it imposed sanctions as several employees of banks had refused to process customer payments with plastic cards. They did not use terminals and did not cash…
Trade between Ukraine and Turkey in 2020, despite pandemic restrictions and slowdowns, remained at pre-pandemic levels and amounted to about $5 billion, Ukraine’s Ambassador to Turkey Andrii Sybiha said at the first constituent meeting of the Ukrainian part of the Ukrainian-Turkish Chamber of Commerce and Industry. “Last year’s turnover was about $5 billion. We have…