The European Parliament has decided to hold interinstitutional negotiations on granting Ukraine additional trade preferences, having deleted two agricultural tariffs, wheat and processed tomatoes, and one industrial tariff, urea, from the annexes. The vote took place as part of the EP plenary session in Brussels on June 1. The decision was adopted by 475 votes…
Out of the “storm” of negative factors Belarus has emerged with an ideal macroeconomy, Alexander Zaborovsky, Chief Advisor to the Chairman of the Board of the National Bank of the Republic of Belarus, declared during the international conference held in Minsk on June 2 to discuss economic security in a globalized world. The expert pointed…
Japan’s government will provide a grant for implementation of the second phase of the Project for Improvement of Dushanbe International Airport. According to Tajikistan’s Ministry of Finance (MoF), a grant agreement for 356 million Japanese yens was signed in Dushanbe on March 31 between the government of Tajikistan, represented by Abdusalom Qurboniyon, Minister of Finance,…
Dart airline from June launched regular flights on the Kyiv-Bologna (Italy) route from Kyiv Zhuliany International Airport. According to a press release from the airport, flights will be carried out on Tuesdays and Fridays on board modern Airbus A320/319 aircraft. Departure from Kyiv will be at 09:50, departure from Bologna at 12:35. Dart airline has…
Ukraine added 1.608 billion cubic meters of gas to underground storage in May, according to operational data from Ukrtransgaz. Inventories increased by 24%, to 10.043 billion cubic meters as of the end of May, up from 8.1 billion cubic meters as of March 22, when the heating season ended. The total was 9.6% more than…
Ukraine’s economic losses from the conflict in Donbas in 2016 amounted to 20.4% of GDP, according to statistics data given in the Global Peace Index, published by the Institute for Economics and Peace in Sydney, Australia. According to its data, the economic cost of violence in the country is 20.4% of GDP, or $66.749 billion…
Kazakhstan’s flag carrier Air Astana has announced the launch of a new route between Uralsk and Frankfurt starting from June 14. Flights will be operated once a week on comfortable Airbus-320. Local authorities instructed local border service to improve the quality of service at the international terminal of Uralsk airport. (Kazinform/Business World Magazine)