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Author Archives: admin

Latvia: airBaltic to purchase 60 more CS300 aircraft

LatviaBy admin2018-05-30Leave a comment

Latvia’s national airBaltic airline and Bombardier Commercial Aircraft have announced the signing of a procurement contract for 30 Bombardier CS300 aircraft with option to procure 30 more in the future. This order is an addition to the one signed for the provision of 20 CS300 aircraft. It also forms the foundation for airBaltic’s Destination 2025…

Belarus: first commercial batch of beef sent to China

BelarusBy admin2018-05-30Leave a comment

Belarus has sent the first commercial batch of beef to China, Aleksei Bogdanov, Head of the Central Office for Foreign Economic Activities of the Belarusian Agriculture and Food Ministry, declared. “A few days ago we sent the first container with beef using the Silk Road railway route to China. This is the result of hard…

Ukraine: no GMOs major advantage of corn on the global market

UkraineBy admin2018-05-30Leave a comment

To date, US and Ukrainian corn are the most competitive products on the Chinese and other markets, but the absence of GM content is the major advantage of the latter, declared the Deputy of Ministry of Agrarian Policy and Food of Ukraine, Viktor Sheremeta. According to the official, Ukraine produces corn hybrids, but not GM-corn.…

Ukraine: sugar confectionery production down in January-April 2018

UkraineBy admin2018-05-29Leave a comment

In January-April Ukrainian sugar confectionery production totaled 22 thousand tons, down by 3.1% YoY, the State Statistics Service of Ukraine reported. According to the data, in April 5.5 thousand tons of sugar confectionery products were produced, down by 10.8% MoM and by 2.3% YoY. (UkrAgroConsult/Business World Magazine)

Estonia: wage pressure biggest threat to economic outlook

EstoniaBy admin2018-05-29Leave a comment

The International Monetary Fund (IMF) finds that the outlook for the Estonian economy is positive and growth will continue at close to 3.5% in the medium term, but noted that the biggest threat to this outlook was wage pressure not accompanied by growth in productivity. According to the IMF, external risks for Estonia are balanced…

Kyrgyzstan: 7.7 billion soms spent on servicing state debt in 2018

KyrgyzstanBy admin2018-05-29Leave a comment

In January-April at least 7,752,922.2 billion soms were allocated from the republican budget for servicing the state debt, the Ministry of Finance reported. According to it, 3,642.9 billion soms were spent on external debt. About 4,109.9 billion soms have been allocated from the treasury to repay the internal debt. As of March 31, Kyrgyzstan’s state…

Azerbaijan: unified tax on salary to be introduced

AzerbaijanBy admin2018-05-29Leave a comment

Azerbaijan may introduce a unified tax on salary, Taxes Minister Mikayil Jabbarov said. This issue is being discussed as part of amendments to Azerbaijan’s Tax Code, he added. “This issue is very important for all taxpayers,” Jabbarov said. “This step is aimed at reducing the tax burden and facilitating the taxation of salaries. The unified…

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