Lithuania: more EU money to be attracted

Lithuania’s government will try to negotiate more of EU cohesion support for regional development after the European Commission suggested cutting such support by 13% in the new budget, Vice Minister of Finance Migle Tuskiene says. In her words, Lithuania will try to negotiate with other EU member states and the European Parliament for the support…

Ukraine: Kiev and Tehran to boost ties in energy sector

Ukrainian parliamentary and state officials held separate meetings with Iran’s Ambassador in Kiev Mohammad Beheshti Monfared, expressing the eastern European country’s resolve for enhanced cooperation with Tehran in various fields, including energy. Vice Minister of Agrarian Policy and Food of Ukraine Viktor Sheremeta held talks with Beheshti Monfared in Kiev and called for closer ties…

Ukraine: China to increase imports of honey

Ukraine should increase export of its goods to China, in particular of soybeans and honey, Secretary-General of the China Overseas Development Association He Zhenwei said. “We have already decided in China that we will increase imports – not only from the US, but from other countries as well. I think it’s a good chance. Ukraine…

Georgia: 13 wine companies showcased at Vinexpo Hong Kong

Thirteen Georgian wine companies have made quite an impression at the leading industry event for wine and spirits professionals in the Asia-Pacific, Vinexpo Hong Kong, which was held on May 29-31. The three-day show featured meetings, new products and networking opportunities for importers, distributors, producers, sommeliers and merchants from around the world, including Georgia. As…

Estonia: unemployment up in April 2018

Estonia was the only country in the EU in which unemployment grew in April, increasing from 5.3% to 5.6%. Overall unemployment in the EU remained at 7.1% compared to March and fell by 0.7% compared to April 2017, it can be seen from data released by Eurostat. In the eurozone, employment decreased by 0.1% MoM…

Tajikistan: ADB main international donor

About 82% of financing approved by international development banks in the first quarter of this year for Tajikistan falls on the Asian Development Bank (ADB). “In Tajikistan the bulk of investments are accounted for the ADB’s $90 million loan in the transport sector,” according to the international development banks’ investment review for the first quarter…

Estonia: April 2018 retail trade turnover up

According to information released by Statistics Estonia on May 30, this April the turnover of retail trade enterprises increased by 1% YoY at constant prices, totaling EUR 560.4 million. The turnover of stores selling manufactured goods increased by 7%. Turnover increased in most economic activities, except in stores selling second-hand goods and in non-store retail…

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)