Latvia: cooperation memorandum signed with Russian Directorate for International Transport Corridors

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Latvian Stevedoring Company Association has signed a cooperation memorandum with a non-commercial organization Directorate for International Transport Corridors (DITC) created by the Ministry of Transports of the Russian Federation. By signing the memorandum the two parties have agreed to develop and strengthen mutual professional cooperation, study and analyze modern trends in transit and logistics business,…

Georgia: officials discuss investment opportunities with French Business Confederation

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French Business Confederation (MEDEF) members have been introduced to Georgian business environment and investment opportunities by Georgian officials. Prime Minister Irakli Garibashvili, who welcomed the MEDEF members at the Administration of the Government of Georgia, discussed Georgia’s unique location, strategic partnerships and free trade agreements with the EU, the Commonwealth of Independent States, China and…

Lithuania: EUR 2.43 billion in EU funding expected in 2022

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The European Parliament and the EU Council have reached agreement on the EU’s next year budget, totaling 170.6 billion euros. Lithuania will receive additional funding for dealing with health and migration, the Finance Ministry says. “It’s important that the final version ensures proper funding for Lithuania’s strategically important traditional policy areas, like cohesion and agriculture.…

Ukraine: exports up in January-September 2021

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In January-September, compared to the same period in 2020, Ukraine’s imports of goods grew by 31.9%, to $50.35 billion, and exports – by 38.2%, to $48.38 billion, according to the State Statistics Service. Thus, Ukraine’s foreign trade balance was negative and came to $1.97 billion (in January-September 2020, foreign trade balance was also negative and…

Georgia: PM discusses investment environment with Rothschild & Co managing director

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Georgian Prime Minister Irakli Garibashvili has met with Managing Director at Rothschild & Co Arielle Malard de Rothschild and discussed the “favourable investment environment” in Georgia, the Georgian government administration reports. Garibashvili stated that the Georgian government was working intensively on large tourist, logistic and industrial investment projects, that were planned to be offered to…