The head of Bashkortostan Rustem Khamitov spoke in favor of an increase in trade with Kyrgyzstan. According to him, the Kyrgyz and Bashkir peoples are linked by common national roots, rich history of the Turkic world, a single spiritual culture. This gives the Bashkir-Kyrgyz relations a particularly friendly, allied character. “The development of relations with…
Regional Development, Construction, Housing and Utilities Economy Ministry of Ukraine has signed the agreement of cooperation with the International Finance Corporation (IFC), part of the World Bank group, the press service of the ministry reported. According to the report, the key directions of cooperation between the ministry and the IFC will be the improvement of…
Amendments to Infrastructure Ministry order No. 337 cutting the base aviation fee from $17 to $13 have been adopted, Director General of Boryspil International Airport Pavlo Riabikin has said. “What does it mean? All airlines flying from the Boryspil airport would receive a decreased fee for passenger servicing from June 20. Ryanair airline will receive…
Saeima of the Republic of Latvia will soon ratify Rail Baltica agreement, which is expected to allow passenger trains to travel at a speed of 240 km/h instead of 120 km/h. Higher travel speed will also ensure cargoes from Tallinn reach Poland within two days. The objective of this agreement is ensuring effective and quick…
Deputy Prime Minister Volodymyr Kistion says that the Cabinet of Ministers has decided to allocate UAH 800 million for the construction of Lviv – Odesa – Mykolaiv highway. Kistion noted that the government approved amendments to the 2017 national budget under which additional UAH 800 million would be allocated for major repairs of roads. According…
The National Bank of Ukraine (NBU) has given six months to PrivatBank to settle relations with Football Club Dynamo (FC, both based in Kyiv) in line with regulatory requirements. According to the response of the central bank to PrivatBank, lending to persons connected with the previous owners of PrivatBank (including FC Dynamo) violates the restrictions…
Compared to April, the level of producer prices in Latvian industry grew by 0.4% in May. The prices of products sold on the domestic market increased by 0.3%, whereas the prices of exported products grew by 0.5%. The prices of products exported to euro area countries grew by 0.8% and of products exported to non-euro…