In 2016 Ukraine reduced imports of natural gas by 32.7% YoY (by 5.376 billion cubic meters), to 11.078 billion cubic meters, according to PJSC Ukrtransgaz. In December 2016 gas imports amounted to 1.659 billion cubic meters, up 3.7 times YoY (444 million cubic meters). Imports from Slovakia last month amounted to 1.303 billion cubic meters,…
Georgia’s real GDP expanded by 2% in November 2016, after a 1.3% growth in October, according to the preliminary data released by the State Statistics Office. Economy grew by 2.4% in the first eleven months of 2016, according to Geostat’s preliminary data. The 2016 economic growth forecast was reduced from 3% to 2.7% as a…
As of December 1, 2016 Belarus’ external state debt totaled $13.5 billion, up by $1.071 billion or by 8.6% since the beginning of the year (taking into account differences in currency exchange rates), representatives of the Belarusian Finance Ministry reportged. In January-November 2016 the external state borrowings totaled $1.76 billion, including $800 million borrowed from…
Belarus may start selling beef to China in Q1 2017, Belarusian Agriculture and Food Minister Leonid Zayats reported. The official noted that four Belarusian meat-processing companies had been reviewed and certified by Chinese experts. Another nine are willing to go through the same procedure. The Chinese side spoke in glowing terms about industrial standards of…
Ukraine in January through October 2016 exported $4.5 million worth of Christmas decoration to 25 countries, Deputy Minister of Economic Development and Trade, Ukraine’s Trade Representative Natalia Mykolska has said. She wrote on her Facebook page on December 31, 2016 that 90.6% of exported Christmas decoration was made of glass. “The main market is the…
The Council of Ministers of Belarus issued resolution No. 1094 on December 28, 2016 to enact the medium-term financial program of the central state budget for 2017-2019, the press service of the Belarusian government reported. The document stipulates a number of key economic indicators as well as social and economic development targets for the next…
Kazakhstan ratified double taxation convention with Slovenia on December 30, 2016. President Nursultan Nazarbayev has signed the RoK Law “On ratification of the Convention between the Government of the Republic of Kazakhstan and Government of the Republic of Slovenia for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on…