Ukraine: trade with Germany up in 2017

In 2017 a bilateral trade between Ukraine and Germany increased by almost 23% YoY, Ukrainian President Petro Poroshenko said after a meeting with German President Frank-Walter Steinmeier, the press service of the head of the Ukrainian state informed. The head of the Ukrainian state stressed: “I can say that we’ve worked well in the economy.…

Ukraine: sugar confectionery production down in January-April 2018

In January-April Ukrainian sugar confectionery production totaled 22 thousand tons, down by 3.1% YoY, the State Statistics Service of Ukraine reported.

According to the data, in April 5.5 thousand tons of sugar confectionery products were produced, down by 10.8% MoM and by 2.3% YoY. (UkrAgroConsult/Business World Magazine)

Ukraine: economy to reach pre-crisis level in 2021

Ukraine’s economy will manage to reach its pre-crisis level in 2021 if the GDP grows by 3-4% annually, First Vice Prime Minister – Economic Development and Trade Minister of Ukraine Stepan Kubiv said at the meeting of the National Investment Council. “The forecast for Ukrainian economy growth for 2018-2019 remains positive. According to the government’s…

Belarus: meat and milk supplies to China to increase

Belarus is ready to increase meat and milk supplies to China, Belarus’ Prime Minister Andrei Kobyakov said. “China is the world’s largest food importer. Experts predict the further growth of the Chinese meat and dairy market. Belarus is ready to offer high-quality and eco-friendly products to Chinese consumers,” Andrei Kobyakov said. China has been actively…

Estonia: construction volume up in Q1 2018

According to information released by Statistics Estonia, in the first quarter of 2018 the combined production of Estonian construction enterprises in Estonia and foreign countries increased by 21% YoY, while construction on the domestic market alone increased by 29%. In the first quarter the production value of construction enterprises amounted to EUR 559 million, of…

Kyrgyzstan: Prime Minister instructs to hasten construction of Bishkek-Kara-Balta road

The Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziev got acquainted with the construction of the section of Bishkek-Kara-Balta road in Sokuluk district of Chui region, the Information Support Department of the Government reported. “The road is one of the busiest in the republic. Taking this fact into account, its construction should be hastened. If necessary, the…

Ukraine: flour exports volumes to drop

In April Ukraine supplied 24.9 thousand tons of flour to foreign markets, which became the minimum monthly value in 2017-2018 MY, as well as down by 9% YoY (27.4 thousand tons). Decreasing of the interest in Ukrainian flour from its key consumer – North Korea, which did not received the supplies in March and April,…

Estonia: local bank account for e-residents starting business not to be required

Estonia’s Ministry of Justice has introduced a bill to amend the Commercial Code to resolve an issue that has in practice inhibited foreign investors from investing in Estonian private limited companies. Currently, e-residents have either founded or are shareholders in approximately 5,600 businesses registered in Estonia. So few e-residents have registered new businesses thus far…

Belarus: trade with Israel up in 2017

In 2017 the Belarus-Israel trade rose by more than 50%, the Belarusian Embassy in Israel reported. On May 21-22 an official delegation headed by Belarus Deputy Prime Minister Mikhail Rusy visited Israel for the 6th meeting of the joint Belarusian-Israeli committee on trade and economic cooperation. “During the meeting the parties reviewed the economic cooperation…

Kazakhstan: defense industry development one of priorities

“Today’s situation in the world forces all to strengthen the country’s defense capability,” Kazakh President Nursultan Nazarbayev said opening the V International Exhibition Weapons Systems and Military Equipment KADEX-2018 in Astana. “Our country pursues peaceful policy aimed at strengthening good-neighborly relations with near and far-abroad countries. However, today’s situation in the world forces all to…