Uzbekistan plans to start a large-scale liberalization of its exchange rate policy in 2017 in accordance with the draft decree of the Uzbek president. The draft decree was developed by the Central Bank and was promulgated for discussion on the Uzbek single portal of interactive state services. One of the main lines of the new…
Implementing the defense industry reform Ukroboronprom State Concern has started preparing for corporatization of its enterprises. The press service of the concern reported that plans and corporatization schedules of the first five Ukroboronprom member enterprises, including Antonov State Enterprise and 410 Civil Aviation Plant (both based in Kyiv), had been approved by the Economic Development…
Azerbaijan Airlines CJSC (AZAL) intends to fly two million passengers till late 2016, Eldar Hajiyev, AZAL vice-president, said. “AZAL transported 1.7 million passengers in 2014, 1.8 million in 2015”, he added. Hajiyev added that at present, AZAL fleet consisted of 23 aircraft and the number of aircraft was expected to be increased by 12 in…
Azerbaijan Airlines CJSC (AZAL) will increase the number of regular flights from Baku to Moscow. Two flights will be carried out daily from the Heydar Aliyev International Airport to Moscow Vnukovo airport from March 2017. The corresponding agreement was signed by AZAL Vice-President Eldar Hajiyev and Vnukovo airport Director General Vasily Alexandrov in Moscow on…
The European Union is committed to further improve nuclear safety worldwide and will continue to work with Ukraine and other international donors to ensure that projects in Chornobyl are brought to a successful conclusion. “Nuclear safety was and remains a very serious matter that deserves our continuous international attention and action to prevent any further…
The National Bank of Ukraine (NBU) intends by 2018 to transfer to a new model of banking supervision, which will be based on a risk-based approach, a source in the banking circles reported, with reference to NBU Deputy Head Yekateryna Rozhkova, during the regulator’s traditional meeting with bank representatives. According to the report, the new…
During 9 months of 2016 Kazakhstan supplied 1.6 million tons of flour to foreign markets, up by 36.2% YoY, the monitoring agency Energyprom.kz reported. In particular, Kazakhstan exported 40.8% of the general flour volumes to the CIS countries (654 thousand tons), including 80.3% of the volumes to Uzbekistan (525 thousand tons). Kazakhstan exported the remaining…