Uzbekistan: pensions to be paid in cash starting February 2017

President Shavkat Mirziyoyev signed the Resolution “On Additional Measures for Improvement of Wage, Pensions, Welfare Benefits and Stipend Payment Mechanisms.” The resolution outlines unprecedented steps to secure the rights and interests of pensioners, students and other socially vulnerable groups, who will now have fewer hurdles in paying for goods and services across Uzbekistan. The resolution…

Ukraine: sunoil production sets new record

Ukrainian crushers continue picking up the pace of sunseed processing in the current season of 2016/2017. Sunoil output has been hitting new monthly highs for a fourth month in a row. Ukraine’s large and medium-sized crushers produced an unprecedented 558 KMT of sunoil in December 2016 compared with 529 KMT in November 2016 and 363…

Kyrgyzstan: foreign trade turnover with the EAEU member-states down

In January-November of 2016 Kyrgyzstan decreased foreign trade turnover with the member-states of the Eurasian Economic Union (EAEU) by 16.7%, the Prime Minister of Kyrgyzstan Sooronbay Jeenbekov declared. The foreign trade turnover with the EAEU totaled $1.744 billion. In January-November 2016 the import supplies reached $3.62 billion, down by 0.1%. Imports reduced, due to lowering…

Ukraine: throughput of seaports up in January 2017

In January seaports of Ukraine handled 10.03 million tons of cargo, up by 14.6% YoY, preliminary statistics of Ukrainian Sea Ports Authority shows. Transshipment of export cargo totaled 8.094 million tons (+30.3%), imports – 1.423 million tons (-9%), transit – 475,000 tons (-50%), inland traffic – 39,300 tons. State stevedores under the Ministry of Infrastructure…

Ukraine: 80% of gasoline imports come from Belarus

Ukraine gets about 80% of its gasoline imports from the Republic of Belarus, followed by Lithuania, Poland and Mediterranean countries, consulting group A-95 Director Serhii Kuiun has stated. “The market of gasoline imports is very diversified. We have 7-8 stable destinations. The largest one is, undoubtedly, Belarus, which covers 80% of import deliveries. Other important…

Ukraine: State Treasury resumes VAT refunding

Ukraine’s State Treasury Service on February 1, resumed VAT refunding. Government resolution No. 26 approving the rules for keeping the register of applications for return of VAT dated January 25, came into effect. “On February 2, treasury agencies provided for executing applications for UAH 2.187 billion that had conclusions from the State Fiscal Service about…