Kyrgyzstan: microcredit volume down in 2016

Microcredit volume in Kyrgyzstan decreased by 5 billion soms in 2016, the National Statistical Committee of the Kyrgyz Republic reported. Last year various microcredit organizations issued loans of 13.3 billion soms. In 2015, this figure was 27.4% more and amounted to 18.3 billion soms. The volume of microcredits in four regions of the country decreased…

Ukraine: restrictions to be applied to grain, meat, dairy and egg exports within CUFTA

The tariff quotas will be applied to certain agricultural products delivered from Ukraine within the framework of the Canada-Ukraine Free Trade Agreement (CUFTA), including some cereals, dairy products, eggs, poultry and cattle meat, the press service of the Ukrainian Economic Development and Trade Ministry reported. In particular, Canada has the tariff quotas for the import…

Uzbekistan: Uzbekneftegaz and KazMunayGas to cooperate

KazMunayGas and Uzbekneftegaz signed a cooperation agreement to jointly develop oil product marketing and logistics, set up crude oil supply to Uzbekistan, and ensure oil transit across Kazakhstan. Uzbekneftegaz also signed a memorandum of understanding with Kazakhstan’s energy ministry to cooperate in oil and gas industry. According to KazMunayGas, KazTransOil pipelines may be reconstructed and…

Uzbekistan: Uzbekipaksanoat silk association set up

Historically important, Uzbekistan’s silk sector has seen structural reforms since independence, attracting foreign investment, upgrading production techniques, and expanding production. Boasting good natural conditions, Uzbekistan has 80 million plants and 51,000 hectares of plantations, producing 26,000 tons of cocoons. The silk sector has been stunted in recent years by falling demand worldwide and outdated production…

Ukraine: FUIB participating in the development of a map of banking professions

Center “Development of Corporate Social Responsibility”, First Ukrainian International Bank and Ukrsibbank BNP Paribas Group signed a memorandum on cooperation in the implementation of the educational project “Your Future in the Banking sector”. Within the framework of the project, a detailed map of banking professions will be developed, a web portal for free access to…