Industrial recession in Belarus is over, Vice Prime Minister Vladimir Semashko said. “I am happy that we have survived through the crisis. I can see that the recession is over. Today the Industry Ministry is posting a 3% growth. We plan to reach the growth of 11.3% next year”, Vladimir Semashko noted. “The machine-building industry…
A strategy of a sustainable multimodal transport corridor from Europe to China was suggested by the Chairman of the Council of the Republic of the National Assembly of Belarus Mikhail Myasnikovich at the UN Global Sustainable Transport Conference in Ashgabat. At the plenary session Mikhail Myasnikovich suggested a complex development strategy for a sustainable multimodal…
Belarusian equipment is absolutely competitive, Belarus’ Deputy Prime Minister Vladimir Semashko said. “In terms of the price-quality-maintenance ratio, our equipment is absolutely competitive”, Vladimir Semashko said. He noted that over the past seven years, Belarus had produced agricultural machinery to the tune of $23.7 billion. “Of this amount, $7.9 billion worth of equipment was produced…
Ukrainian Prime Minister Volodymyr Groysman has said that the full-featured energy market is being created in Ukraine. “The market is competition, including competitive prices for consumers. The creation of the full-featured energy market, growth of own gas production, introduction of energy efficiency and the increase of budget revenue received from state-run companies – all these…
In view of recommendations of the International Monetary Fund (IMF) Belarus is considering ways to introduce the International Financial Reporting Standards (IFRS) at major state-run enterprises. The statement was made by Belarusian Deputy Finance Minister Dmitry Kiyko. The law requires a number of Belarusian enterprises to present annual consolidated reports in accordance with the International…
Turkmenistan has joined the Intergovernmental Agreement on the Trans-Asian Railway Network, Intergovernmental Agreement on the Asian Highway Network, as well as the Intergovernmental Agreement on Dry Ports, the country’s Oil and Gas Complex said in a message. Meanwhile, the country has joined the International Convention on the Harmonization of Frontier Controls of Goods, according to…
National energy company Ukrenergo in January through October cut electricity transmission through the country’s backbone and interstate power grids by 9.5%, or by 9.448 billion kWh, to 90.293 billion kWh, the company’s press service has reported. Over the period under review, the company’s revenue from electricity transmission services grew by 33%, or by 1.368 billion…