The National Bank of Ukraine is interested in further development of high-tech financial market in Ukraine, as it will positively influence the implementation of Cashless Economy project. That was reported by Serhii Shatskyi, Director of Payment Systems and Innovative Development Department. “NBU is committed to assist the Ukrainian payment market to become mainly cashless; for…
National Bureau of Statistics (NBS) announced economic growth. According to statistics, in the second quarter of 2016, the gross domestic product (GDP) amounted to 31 million 434 000 lei. Thus, the real economic growth was 1.8% YoY. However, the share of exports was down against 2015. In January-July Moldovan economic agents exported goods worth over…
Having successfully implemented the first stage of the Rail Baltica project, Lithuania has been the first of the Baltic States to embark on the second stage of the project – the construction of a European standard gauge railway from Kaunas to the Lithuania-Latvia border, the press center of Lithuania’s Ministry of Transport and Communications reports.…
By the end of 2016 Kazakhstan plans to export 30 KMT of soybean to China. This became possible due to the Protocol on phytosanitary requirements in terms of soybean supplies which was signed on September 2, in the framework of Kazakhstan’s visit to G20 in Hangzhou. Presently, export geography of Kazakh soybean consists of 5…
According to the official statistics figures, in 2015/2016 MY (September-August) Ukraine exported nearly 42 thousand tons of flaxseed, up by 65% YoY (25.4 thousand tons), which became the maximum index for nine recent seasons. In 2015/2016 MY, Vietnam (51%), Egypt (13%) and Turkey (9%) became the largest importers of Ukrainian flaxseed. In 2014/2015 MY the…
President of Azerbaijan’s State Oil Company (SOCAR) Rovnag Abdullayev has revealed the volume of production at Azeri-Chirag-Gunashli (ACG) block of oil and gas fields. Abdullayev said that 407 million tons of oil and 124.3 billion cubic meters of associated gas had been produced at Azeri-Chirag-Gunashli block of oil and gas fields in the Azerbaijani sector…
Over $68.2 billion has been invested in Azerbaijan’s oil and gas sector from 1995 till 2016 as part of the production sharing agreements, Rovnag Abdullayev, president of Azerbaijan’s state oil company SOCAR, said. “Currently, SOCAR successfully represents Azerbaijan in 17 production sharing agreements signed with 23 companies from 15 countries”, he said. At the same…