Poland: trade turnover with Ukraine up in 2017

Relations between Ukraine and Poland are developing successfully, in particular, in the economic sector, Ambassador Extraordinary and Plenipotentiary of the Republic of Poland to Ukraine Jan Pieklo said. “In most sectors the relations between Ukraine and Poland are good and very good, particularly with regard to cooperation in the economy. In recent years, the parties…

Ukraine: Croatia to assist in energy security

Ukraine maintains its interest in the Baltic, Adriatic, Black Sea Initiative put forward by the Croatian president and believes that joining it meets its objectives, Ukrainian Deputy Prime Minister for European and Euro-Atlantic Integration Ivanna Klympush-Tsintsadze has said. She stated this at a meeting with Croatian Prime Minister Andrej Plenkovic in Zagreb. “Ukraine is one…

Turkmenistan: development of economic co-operation discussed with Romania

The Ministry of Finance and Economy of Turkmenistan and the Ministry of Economy, Commerce and Business Environment of Romania have signed a memorandum of understanding on cooperation in the economic sphere. The document was signed in Ashgabat as part of the seventh meeting of the joint Intergovernmental Turkmen-Romanian Commission for Economic, Scientific and Technological Cooperation.…

Kazakhstan: economic growth praised

Prime Minister of Kazakhstan Bakytzhan Sagintayev praised national GDP growth in 2018 at the session of the government on April 17. “From what we have heard during reports today it follows that GDP growth amounted to 4.1% in March. The Head of State Nursultan Nazarbayev tasked the government to step up economic growth and given…

Tajikistan: cement production up in Q1 2018

Over 782,400 tons of cement were produced in Tajikistan in the first quarter of this year. The volume of cement production increased by 356,000 tons compared to January-March of the previous year, according to the profile departments of the country’s economic bloc. Taking into account the implementation of new infrastructure projects, construction of residential houses,…

Ukraine: $400 million in military products exported to India in three years

CEO of Ukraine’s state-run military-industrial concern Ukroboronprom Pavlo Bukin says Ukrainian enterprises of the military-industrial complex in the past three years exported military products to India to the tune of about $400 million. Mykolaiv-based Zorya-Mashproekt alone sold gas turbines worth $200 million to the Indian Navy for its warships, the concern’s press service said. “In…

Azerbaijan: Aliyev Airport passenger throughput up in Q1 2018

During the first three months of 2018 Heydar Aliyev International Airport served over 897,000 passengers. This indicator exceeds the same indicator of the previous year by 15%. National air carrier Azerbaijan Airlines (AZAL) carried 362,000 passengers, while the national low-cost airline Buta Airways – 104,000 passengers. 768,000 passengers (85.6% of passenger traffic) accounted for international…

Belarus: trade with Turkey to grow

A Belarusian parliamentary delegation headed by Valery Voronetsky, Chairman of the Standing Committee on International Affairs of the House of Representatives of the National Assembly of Belarus, met with Chairman of the Committee on International Affairs of the Grand National Assembly of Turkey Volkan Bozkir in Ankara, the press service of the House of Representatives…

Estonia: TLT CEO Enno Tamm to step down

Tallinna Linnatranspordi AS (TLT) board chairman Enno Tamm is to step down as soon as a new CEO for Tallinn’s transport company has been found. Tallinn Mayor Taavi Aas (Center), who conducted a meeting of the supervisory board of TLT for the last time, said that Tamm had submitted a letter of resignation, which would…

Georgia: airport passenger traffic up in Q1 2018

Georgia’s three international airports served 839,612 passengers in the first three months of 2018, up by 36% YoY. The number of passengers who took regular or charter flights in Georgia increased in all three main airports of the country: Tbilisi Shota Rustaveli International Airport, Batumi International Airport and Kutaisi David Aghmashenebeli International Airport. More specifically,…

Ukraine: trade growth rate with Germany good

Ukraine and Germany are pleased with the growth rate of trade between the two countries, President Petro Poroshenko said during a joint briefing with German Chancellor Angela Merkel in Berlin. “Chancellor Merkel and I are pleased with the growth rate of bilateral trade. It has grown by more than 20%. Germany remains one of the…

Ukraine: WB predicts inflation in 2018

The World Bank predicts that inflation in Ukraine in 2018 may reach 10%, as inflation risks remain quite significant, World Bank Economist for Ukraine Anastasia Golovach said at a press conference. “Inflation reached almost 14% in 2017. Inflation risks remain significant, and we expect inflation to reach 10% in 2018,” Golovach said. According to her,…