Prime Minister Denys Shmyhal announced that Ukraine’s international creditors agreed to suspend external debt payments until 2024, which would provide an opportunity to save nearly $6 billion. In a post on his Telegram channel, Shmyhal wrote: “Creditors of Ukraine’s foreign debt agreed to postpone payments until 2024, with a possible extension for another year. Thank…
In July, Ukraine exported 2.66 million tons of agricultural products, up by 22.7% MoM, the press service of the Ministry of Agrarian Policy and Food reported. “In July, Ukraine exported 2.66 million tons of grains, legumes, oilseeds and their by-products products (excluding rapeseeds), up by 492,700 tons, or by 22.7%,” the report reads. Ukraine’s wheat…
The Georgian Infrastructure Ministry on August 10 said the China Road and Bridge Corporation, the contractor company for a road rehabilitation project in the Guria region, had been fined GEL 1.7 million ($629,664) for failing to fulfill the terms of the deal on three sections of the road. The statement came in response to a…
Russia has already exhausted the limit for the transit of some sanctioned goods through Lithuania to and from Kaliningrad, so they are no longer transported by Lietuvos Gelezinkeliai (Lithuanian Railways, LTG), the country’s state-owned railway company says. “The averages of some commodity codes for iron and steel, wood products, fertilisers, ethylene glycol, as well as…
In June-July, the Republic of Moldova exported a record amount of cherries compared to previous years – over 14 thousand tons, at the same time accessing new markets, the US Agency for International Development (USAID) announced. The evolution of the sector is due to the efforts of agricultural producers and investments in new varieties and…
The CEO of PKO BP bank, Poland’s largest lender, has quit her job. Iwona Duda has held the post since January. Her resignation was effective from August 9, the bank said in a statement. No reason was given for Duda’s departure. At the same time, Pawel Gruza has been appointed as PKO BP bank’s deputy…
A ban on transporting Russian coal and solid fuel through the EU came into force on August 10 under the EU’s fifth sanction package. However, the ban is subject to an exception in Lithuania under the European Commission’s clarification. A limited amount of sanctioned products can be transported by rail between mainland Russia and the…