Ukraine: exports to EU up in 2022

According to preliminary estimates of the Ministry of Economy, in accordance with the trade balance methodology, exports of goods to the EU countries in 2022 increased by 4.2% YoY and amounted to about $28 billion. “This is extremely important in view of the diversification of logistics routes – and this is the task we set…

Moldova: PM meets with Foreign Investors Association

On January 10, Prime Minister Natalia Gavrilita met members of the Foreign Investors Association (FIA). The parties discussed possibilities of improving the business environment, developing businesses and increasing the number of jobs. “The Cabinet launched multiple instruments of backing the private sector, in order to overcome the impact of the crises; yet, our effort to…

Lithuania: cooperation with Taiwan to focus on digital literacy and internships in tech firms

Lithuanian Economy Minister Ausrine Armonaite is meeting with Taiwan’s Minister of Digital Affairs Audrey Tang in Vilnius to discuss new cooperation projects and progress in carrying out earlier agreements. The programme of the visit includes signing a Memorandum of Understanding with the Innovation Agency on cooperation in developing digital skills of students and teachers in…

Moldova: IMF to grant $27 million

The Executive Board of the International Monetary Fund (IMF) concluded the second review under the 40-month Extended Credit Facility (ECF) and Extended Fund Facility (EFF) Arrangements for the Republic of Moldova. This allows for the immediate disbursement of SDR 20.65 million (about $27 million), usable for budget support, bringing Moldova’s total disbursements under the blended…