Ukraine: UIA denies financial relations with PrivatBank

Ukraine International Airlines (UIA, Kyiv), the country’s largest air carrier, has refuted any financial relations with PrivatBank (Dnipro). According to UIA, PrivatBank board chairman Oleksandr Shlapak in an interview with the Ekonomichna Pravda edition published on March 9, argued that all financial and budgetary operations of UIA had allegedly been outsourced to the bank. “We…

Belarus to boost trade with Pakistan to $1 billion

Belarus and Pakistan can boost trade to $1 billion by 2020, Belarusian Industry Minister Vitaly Vovk said during an event marking Pakistan National Day on March 23. “Belarus-Pakistan relations are growing stronger year by year and the bilateral cooperation is developing fruitfully in all fields,” Vitaly Vovk said. “The last two years became a watershed…