Oil Traders Association of Kyrgyzstan asks to open access to the market of petroleum products of Kazakhstan, executive director of the association Ulan Kulov announced at the meeting on the problems of the fuel market. According to him, no one has exact data on smuggling. “We can judge by reduction of imports by 90,000 tons.…
ASB Leasing Ltd, the leasing arm of OAO Belarusbank, has reduced the interest rate for lease purchases of dwellings by individuals by 4% to 21% per annum. Apartments and single-family houses can be purchased on a lease scheme with a maximum period of 15 years. A down payment is required to cover at least 20%…
Kyrgyzstan plans to expand the range of investment projects, the Prime Minister Sooronbay Jeenbekov announced at the meeting of Coordination Council on Macroeconomic and Investment Policy. According to him, amid the economic crisis, limited resources, and reduction in the traditional markets, the country needs to take a number of measures that will help to create…
Kyrgyzstan owes Russia more than $42 million for the Upper Naryn HPP cascade and Kambarata-1, Director General of Electric Stations JSC Taalaibek Tolubaev reported. According to him, Kyrgyzstan is to return, according to various estimates, $37-38 million for Upper Naryn HPP and $5.2 million for the developed feasibility study for Kambarata-1. Currently, the power engineers…
Kazakhstan is concerned about the state of foreign businesses in the country, and is ready to create favorable conditions for them, the Minister of Foreign Affairs of Kazakhstan Erlan Idrissov said at a briefing for foreign diplomatic corps in Astana on. Commenting on the amendments to the tax laws of the country, Idrissov noted that…
Ukrainian President Petro Poroshenko took part in the ceremony to mark the start of construction work of a cable plant by France’s Nexans. “Everyone was convincing us that until the war continued no investor would come to Ukraine. We are convincing with our patient labor, creation of investment climate, providing for radical changes and reforms…
Handling of cargo by JSC Vladivostok Sea Fishing Port (Vladmorrybport) in January-July increased by 44% YoY to 1,921,600 tons, the company said. The seven-month throughput figures are as follows: fish products – 173,400 tons (up by 13.2%); bulk cargo – 613,100 tons (+100%); containers – 76,873 TEUs (+34,9%); scrap metal – 203,900 tons (+8.5%). The…