Ukraine: sugar exports down in September 2018

Ukrainian sugar producers exported 11.1 thousand tons of sugar in September, the press service of the Ukrtsukor National Association of Sugar Producers of Ukraine reports. “In the first month of the current marketing year, Ukrainian sugar producers exported 11.1 thousand tons of sugar, which is half the amount exported over the previous month,” reads the…

Ukraine: revenues from single social contribution up in January-September 2018

Revenues from single social contribution totaling UAH 163.9 billion were transferred to the Ukrainian budget in January-September, the State Fiscal Service’s press service posted on its Facebook page. “In January-September the State Fiscal Service of Ukraine transferred revenues from single social contribution for compulsory state social insurance in the amount of UAH 163.9 billion,” reads…

Uzbekistan: trade turnover with Qatar to increase

Uzbekistan and Qatar intend to expand trade and economic cooperation and achieve sustainable growth in mutual trade, the Foreign Trade Ministry of Uzbekistan stated. According to the information, Deputy Foreign Trade Minister Sahib Saifnazarov held talks with representatives of Qatar’s business community headed by Chairman of the Barwa Group of Companies Sheikh Mohammed Hamad Al-Thani.…

Ukraine: new armored recon vehicle Mongoose revealed

Ukraine’s defense giant UkrOboronProm has presented at the annual Arms and Security Expo in Kyiv its new armored reconnaissance vehicle Mongoose. The Mongoose (formerly BRDM-NIK) armored reconnaissance vehicle is a modernized version of the Soviet-built BRDM-2 amphibious armored vehicle developed by the SE “Mykolayiv Armored Plant.” The Mongoose is enhanced with front armor. The hull…

Uzbekistan: reforms in electricity sector mulled with WB

Representatives of Uzbekistan’s state-run energy operator Uzbekenergo and the World Bank Group held a meeting to discuss reforms in the electricity sector of Uzbekistan. The parties discussed a plan on expansion of generating capacity at the lowest cost, research on tariffs, institutional reforms in the electricity sector and renewable energy development. The delegations of Uzbekenergo…

Kyrgyzstan: average salary up in August 2018

Average salary in Kyrgyzstan in August amounted to 15,793 soms, report of the National Statistical Committee says. Compared to last year, it increased by 6.78%. Salaries increased the most in three areas – construction (16.2%), other service activities (15.5%), information and communications (14.6%). Following the results of 9 months of 2018, prices in Kyrgyzstan reduced…

Azerbaijan: transparency in economy expanding

Transparency and accountability are the basis for stable and rapidly developing economy, Chairman of the Azerbaijan Chamber of Auditors Vahid Novruzov declared. Novruzov stressed that Azerbaijani President Ilham Aliyev paid special attention to ensuring transparency in the economy. “This is not coincidence because world practice shows that only transparent economy can be sustainable, develop rapidly…

Ukraine: free trade agreement mulled with UK

The United Kingdom intends to deepen economic cooperation with Ukraine after withdrawal from the EU. “We have designated Ukraine as one of the UK’s post-Brexit priority markets, and our ambition is to further improve and liberalize the trading relationship between us,” UK Secretary of State for International Trade Liam Fox said at the Ukraine Week…