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Georgia: cargo transportation to Azerbaijan via Batumi port revealed

The total volume of cargo transportation via Georgia's Batumi port to Azerbaijan amounted to 85,738 tons in January-March, Batumi Sea Port Ltd. reported. "Of this volume, 62,691 tons accounted for raw sugar. Moreover, 12,836 tons of palm oil, 6,603 tons of soy and 3,608 tons of corn oil were transported via Batumi port to Azerbaijan," added the source. The total volume...

Kazakhstan: tractors to be purchased from Indian companies

Kazakhstan negotiates with a number of Indian tractor makers including Mahindra & Mahindra company for the purchase of tractors and agri-input mechanization equipment to boost the agriculture, the country's ambassador in India Iskander Baitassov reported. "We are holding dialogues with some Indian tractor makers. Negotiation with Mahindra & Mahindra is ahead than others. We are also inviting another tractor maker...

Uzbekistan: Uzkimyosanoat manufactures products worth over $193 million

Enterprises of Uzkimyosanoat JSC manufactured marketable products in the amount of 1.636.8 trillion soums ($193.736 million) in January-March, up by 20.6% YoY. Chemical enterprises produced 334,960 tons of mineral fertilizers, including 252,170 tons of nitrogen fertilizers, 37,770 tons of phosphate fertilizers and 45,020 of tons potash fertilizers. During the reporting period, 1,276.5 million tons of mineral fertilizers were put up for...

Ukraine: trade with Turkey up in January-February 2019

Ukraine-Turkey trade turnover increased by 28% YoY in January-February. Last year, Turkey was 6th largest importer of Ukrainian agri-food products. "In 2018, the trade turnover between the countries decreased by 3.9% YoY. However, in the first two months of this year, it totaled $356.6 million and grew by 28% due to an increase in exports by 18%," Olha Trofimtseva, the...

Ukraine: Neptun missile defense system tested successfully

Ukraine successfully tested the Neptun anti-ship missile defense system on April 5. President of Ukraine, Supreme Commander-in-Chief of the Armed Forces of Ukraine Petro Poroshenko took part in the tests of the latest Ukrainian cruise missile complex to defeat the marine and coastal targets. All components of the complex were produced at Ukrainian defense enterprises, according to the president's...

Latvia: state not to be answerable for every gravel road

In the field of maintenance of state roads it is necessary to outline priorities and leave only main roads with high traffic intensity and the most important regional roads in the hands of the state, said Latvia's Transport Minister Talis Linkaits. "It is wrong for the state to answer for every gravel road. We need to set a goal to...

Azerbaijan: onion imports to be exempt from duties

The import of onions will be exempt from duties in Azerbaijan, and duties will be imposed on the export of cabbages, onions and potatoes, Azerbaijani Minister of Economy Shahin Mustafayev declared during a meeting with entrepreneurs of the burnt down Diglas shopping center in Baku. According to the minister, monitoring is conducted due to an increase in onion prices in...

Georgia: 19.4 million bottles of wine exported in Q1 2019

Georgia exported about 19.4 million bottles of wine to 37 countries in the first quarter of 2019, up by 10% YoY, announced the Georgian National Wine Agency. Last month Georgia generated $47 million from the sale of wine abroad, up by 16%. The top five countries that imported the most bottles of Georgian wine in January-March were: Russia - 13,279,083 bottles,...

Ukraine: tax debt exceeding $4 billion

Deputy Chairman of the State Fiscal Service (SFS) of Ukraine Yevhen Bambizov says the agency, due to the lack of effective mechanisms to influence debtors to recover tax debt that exceeds UAH 107 billion ($4 billion), insists on expanding its powers. "Tax debt accounts for 10% of the state budget revenue for the current year. Today it is UAH 107.2...

Ukraine: almost UAH 60 billion transferred to local budgets in Q1 2019

In January-March, UAH 59.9 billion were transferred to local budgets, up by 17.6% YoY, according to the State Fiscal Service. The State Fiscal Service also noted that UAH 19.5 billion were transferred to local budgets in March, up by 8% or by UAH 1.5 billion YoY. Also, in January-March, tax and personal income tax contributions to the consolidated budget amounted to...