Lithuania: railway bridge contractor ruled threat to security due to Chinese ownership

A China-controlled Spanish firm that has won Lithuania’s tender to build a railway bridge over the Neris River poses a threat to national security, a government panel has decided. The bridge is part of the Rail Baltica European standard-gauge railway project implemented by Lietuvos Gelezinkeliai (Lithuanian Railways, LTG). “The commission has decided that LTG Infra’s…

Uzbekistan: WB to allocate $400 million

The World Bank’s Board of Executive Directors has approved the provision of $400 million in financing to Uzbekistan as part of the Development Policy Operation (DPO), the WB press service has reported. The purpose of the operation is to help the government implement socio-economic reforms that will help accelerate the country’s transition to an inclusive…

Georgia: business cooperation with Germany to be increased

German companies can provide technology and equipment for Georgia’s competitive industrial sector, the Federal Ministry of Economic Affairs and Climate Policy of Germany reported. The Federal Ministry of Economic Affairs and Climate Policy of Germany supports German companies in taking part in international trade fairs and conducting fact-finding missions, including to Georgia. “German companies are…