Tajik and Kyrgyz entrepreneurs have declared their intention to expand cross-border trade. 35 representatives of border communities from Tajikistan’s Isfara district and Kyrgyzstan’s Batken district met in the Tajik northern city of Isfara on April 12, to discuss ways to promote expansion of the cross-border trade between the regions. The meeting organized under support of…
The Belarusian potassium manufacturer Belaruskali intends to start making a new kind of fertilizers using Chinese technologies, Ivan Golovaty, Belaruskali Director General, member of the International Affairs and National Security Commission of the Council of the Republic of the National Assembly of Belarus, declared. The executive said that Belaruskali was considering a number of investment…
The price of natural gas bought by NJSC Naftogaz Ukrainy from European suppliers, which is to be delivered in May, is $25-30 per 1,000 cubic meters lower than the price stipulated in the contract with Gazprom, Naftogaz Chief Commercial Officer Yuriy Vitrenko said. “We’ve completed buying planned volumes of imported gas in May. It is…
Latvia should watch out for the so-called Estonian model’s introduction in the country’s tax system, says World Bank senior economist Emilija Skroka. World Bank experts are skeptical about this idea. Skroka arrived in Riga for the presentation of the World Bank’s report on Latvia’s tax policy. It was previously mentioned that Latvia’s Finance Ministry plans…
The increase in money supply in circulation is one of the factors accelerating inflation processes in Tajikistan, says The Macroeconomic Review prepared by the Chief Economist Group at the Eurasian Development Bank (EDB). Money supply in circulation in Tajikistan has reportedly increased by 62%. This factor has also strengthened pressure on the exchange rate in…
The board of the National Bank of Ukraine (NBU) has decided to reduce the refinancing rate from April 14, to 13% per annum from 14% per annum introduced on October 28, 2016. “The restoration of the mitigation of the monetary policy is in line with the necessity of achieving inflation targets in 2017-2019 and would…
The Delegation of the European Union (EU) to Ukraine has highlighted the importance and urgency of the adoption of the electricity market bill debated in the Verkhovna Rada. “This would be a key step towards a competitive and open electricity market in Ukraine, bringing it closer to the way how the electricity markets operate in…