Uzbekistan’s expenditures on the import of weapons and ammunition, their parts and accessories in 2018 amounted to $700,000, the Central Bank reported. In 2016-2017, $300,000 was spent for these purposes. Thus, over the past year, spending on armaments has more than doubled. Data on the import of weapons and ammunition are disclosed by the Central…
The income of the population in Ukraine grew by 9.9% YoY in 2018, to UAH 3.219 trillion ($119.24 billion). “Disposable income per person amounted to UAH 57,908.6 ($2,144),” the State Statistics Service said. As for the income structure, 47.4% was salary (45.6% in 2017), 17.6% – profit and mixed income (18%), 2.6% – income from…
According to official information of the State Statistics Service of Ukraine on the final harvest results, farmers harvested a total 70.1 million tons of grains and pulses in 2018, up by 13.1% YoY. Grain production increased in 2018 at the expense of a corn crop rise to a record 35.8 million tons (+45.1%). (UkrAgroConsult/Business World…
The French flag carrier Air France has made its inaugural flight from the capital of Paris, with Georgian President Salome Zurabishvili being among its first passengers. Air France will be carrying out regular flights between Paris and Tbilisi twice a week until October 23 with an Airbus A 320. Negotiations between Air France and the…
On March 31, Latvian airline airBaltic launched the second summer route connecting Riga and Stuttgart, Germany. In addition, airBaltic has also started flights between Riga and Lviv, Ukraine. Martin Gauss, Chief Executive Officer of airBaltic, comments: “Our business strategy Destination 2025 foresees even growth of our destination network. We will continue to increase the number…
Uzbekistan Railways is implementing a new project to modernize the Andijan-Sawai-Khanabad railway and organize passenger intercity train traffic there. The project provides for the modernization of the railway section with a length of over 50 kilometers, as well as straightening parts of the track, reconstruction of artificial structures, modernization of alarm systems and telecommunications, construction…
Development of export is a key priority for Ukraine as it generates about 50% of GDP. “Export generates about 50% of GDP, and its development is a key priority for Ukraine. For several years we have been managing to conclude three free trade agreements (with the EU, Canada, and Israel); to re-focus the exports in…