Turkmenistan: law on cotton-growing adopted

Turkmenistan’s parliament has adopted the law “On cotton-growing”, the Turkmen government said in a message. The draft law defines the legal, economic, organizational basis of cotton-growing in Turkmenistan and regulates relations related to the turnover of raw cotton and cotton products. The adoption of this law will give a new impetus to the development of…

Ukraine: berry exports up in 2016

In 2016 Ukrainian exports of fresh cranberries and bilberries reached 2,900 tons (valued at $6.9 million), 3.3 times as high as in 2015, according to the Ministry of Agrarian Policy and Food of Ukraine. Poland (1,418 tons), the Netherlands (613 tons) and Belarus (541 tons) were the leading export destinations for those berries. An increase…

Latvia: men the most active Internet shoppers

Internet stores continue becoming more and more popular among residents. The number of transactions using Visa payment cards issued by PrivatBank has grown by 6.1% YoY in the first six months of 2017, according to data compiled by PrivatBank. January and March were the hottest months for Internet shopping in this year’s six-month period. The…

Ukraine: 2018 budget to be ready on time

Ukraine’s Minister of Economic Development and Trade Stepan Kubiv says the draft national budget for 2018 has already been endorsed by all ministries and is to be submitted to the Verkhovna Rada for consideration within the timeframe established by law, i.e. before September 15. “As of now, the revenue and expenditure parts of the budget…