Baltic States: single approach to more efficient implementation of Rail Baltica and railway infrastructure management will be composed

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Baltic ministries responsible for Rail Baltica project will work together with the Directorate-General for Structural Reform Support of the European Commission (DG Reform) and Technical Support Instrument (TSI) and compose a unified approach to a more efficient implementation of Rail Baltica project and management of railway infrastructure, as reported by representatives of Latvia Ministry of…

Bulgaria: no tax increases are planned in 2025

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Bulgaria’s Deputy Prime Minister and Finance Minister Lyudmila Petkova stated that the Ministry of Finance had developed various revenue and expenditure measures to keep next year’s budget deficit within 3% of GDP on an accrual basis. Following a meeting of the National Council for Tripartite Cooperation, Petkova confirmed that there were no planned tax increases…

Ukraine: Minister of Strategic Industries meets Indian Ambassador to discuss defense industry cooperation

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Minister of Strategic Industries Herman Smetanin held discussions with Indian Ambassador Ravi Shankar regarding the potential cooperation between Ukraine and India in the defense industry. The meeting also included the naval attache Santosh Belliappa. Smetanin emphasized that India was a strategic partner for Ukraine. “Ukraine is open to expanding the geography of partnerships in the…

Ukraine: Ukrzaliznytsia expects to increase freight traffic volumes

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In 2024, Ukrzaliznytsia JSC will transport 175 million tons of goods, which is 15% higher compared to last year’s results. The relevant statement was made by Ukrzaliznytsia JSC Commercial Department Deputy Director Valerii Tkachov on the sidelines of the VI International Conference “Production, Operation and Maintenance of Rolling Stock”. “We will radically increase our previous…

Ukraine: Portuguese Trade and Investment Agency will help attract foreign direct investment

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The Portuguese Trade and Investment Agency (AICEP) will conduct a series of trainings for experts from UkraineInvest, the Government’s Investment Promotion Office. UkraineInvest will then scale up this knowledge and train Ukrainian entrepreneurs on how to attract foreign direct investment and support Ukrainian businesses in international trade. This was the topic of a meeting between…