Armenia: Gazprom and Iran to increase gas supplies

Deputy Chairman of Gazprom Management Board Vitaly Markelov held talks with Iran’s Deputy Minister of Oil Amir-Hossein Zamani-Nia, who arrived in Moscow to convince Russian companies to invest in the Islamic Republic’s oil and gas projects. Also, negotiations dwelt upon the increase of gas supplies from Iran to Armenia, whose gas transportation system was controlled…

Kyrgyzstan: EBRD provides loan for water upgrade

The European Bank for Reconstruction and Development (EBRD) is providing a loan for water upgrade in yet another Kyrgyz city, Kyzyl-Kiya under its framework to support water and wastewater modernization in the Kyrgyzstan, the bank reported. The investment will be co-financed by the European Union’s Investment Facility for Central Asia (IFCA), which also has a…

Belarus: Belaruskali has enough contracts to work at full capacity till March 2017

The state-owned Belarusian company OAO Belaruskali has enough potash export contracts to operate at full capacity till March 2017, a Belaruskali representative reported. Belaruskali’s production facilities have been operating at full capacity since July, when Belarus Potash Company (Belaruskali’s key export trader) signed long-term contracts to ship potash fertilizers to consumers in India and China…

Belarus and Pskov region enjoying growth in mutual trade

Belarus and Pskov region (Russia) demonstrated a considerable growth in the mutual trade in a number of positions. Cooperation prospects in various areas were discussed at the meeting of the Belarusian delegation led by Vice Premier Anatoly Kalinin with Pskov region governor Andrei Turchak, spokeswoman for the Belarusian Architecture and Construction Ministry Yevgeniya Filimonova reported.…

Azerbaijan to increase energy efficiency by 2020

Azerbaijan intends to increase energy efficiency by 20% till 2020, Director of the Institute for Scientific Research on Economic Reforms (ISRER) under the Ministry of Economy of the country Vilayat Veliyev said. He said that these objectives were described in “Azerbaijan 2020: Look into the Future” concept of development adopted by the country’s president. “In…

Ukraine: Q3 GDP growth sign of economic recovery

Ukraine`s GDP grew by 1.8% YoY in the third quarter of 2016, which was a sign of economic recovery in the country. Ukrainian Vice Prime Minister – Economic Development and Trade Minister Stepan Kubiv stated this at a meeting dedicated to the Strategy for Small and Medium Enterprises Development till 2020. “Yesterday Prime Minister Volodymyr…