As of early February, 772.522 KMT of wheat was supplied from Ukraine to the EU under the duty-free export quota (80.5% of the quota’s total volume). The 450 KMT corn export quota was used up completely. 18.8 KMT of barley was supplied under the export quota, or 7% of its total volume. Noteworthy is that…
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In January retail trade turnover in Ukraine increased by 3% YoY, the Ukrainian State Statistics Service reports. “In January retail trade turnover increased by 3.1% YoY, but dropped by 16.4% MoM,” the report states. The highest increase in retail trade turnover was recorded in Sumy region (9.7%), Kirovohrad region (8.6%), Vinnytsia region (7.7%), the city…
Following internal examination of the situation that led to the breakdown of the first regular flight between Dushanbe and Tashkent, the Somon Air sales manager Alisher Rustamov and other persons responsible for the breakdown of the flight have been fired and Somon Air has offered official apologies to Uzbek partners. An official statement released by…
Kyrgyzstan improved its indicators in logistics efficiency rating, having risen three positions up, the Director of the Pony Express company in Kyrgyzstan Janybek Karymshakov said. According to the World Bank estimates, Kyrgyzstan took 146th place in the logistics efficiency rating. There is an increase in figures. Back in 2014 the republic was on the 149th…
The Guarantee Fund has issued 16 guarantees for 11 million soms within four months to businessmen, Deputy Economy Minister Daniyar Imanaliev reported. According to him, as of today, one of the most problematic and unresolved issues is insufficient loan collateral. Approximately 40-50% of business applications are rejected by commercial banks because of lack of collateral.…
The government of Kyrgyzstan is developing a roadmap for business support. Possibility of start-ups financing is considered within the program, Deputy Economy Minister Daniyar Imanaliev announced. According to him, the program provides for the creation of additional financial instruments, in order for the businessmen to receive more support. In addition, the government is going to…