Estonia: no new taxes in 2018

Prime Minister Juri Ratas said no new taxes would be implemented next year, but added that he would like to increase the quota of workforce coming from outside the European Union. “I do not think it right to make new decisions concerning the tax policy a year before the end of this composition of the…

Armenia: energy exports to grow

The role of Armenia as an energy corridor between Iran and Georgia will grow, tripling the potential of exporting electricity, minister of energy infrastructures and natural resources Ashot Manukyan said. According to the minister, three solar stations have been put to operation in Armenia in 2017, and a total of 128 solar photovoltaic stations have…

Belarus to export electricity to EAEU

Belarus hopes to supply electricity to the common electricity market of the Eurasian Economic Union (EAEU), Belarus’ Energy Minister Vladimir Potupchik declared. “We hope to export electricity to the common electricity market of the Eurasian Economic Union after the common gas market is established and equal rights for all the countries are created. Our electricity…

Turkmenistan: fish industry developing

The administrative center of Turkmenbashi (Turkmenistan) operates a complex for breeding sturgeons, producing black caviar and fish products. The enterprise belongs to the open joint-stock company “Khazar balyk”. The annual capacity of the facility is 100 tons of commercial fish of sturgeon species, 2 tons of sturgeon caviar, 170 tons of smoked, dried and other…

Ukraine: NBU revokes license of Rodovid Bank

The National Bank of Ukraine (NBU) has decided to withdraw a license of PJSC Rodovid Bank nationalized in 2009 and then recognized insolvent under the Finance Ministry’s decision as of February 2016. This has been reported by the central bank’s press service. The NBU approved of a decision to revoke a banking license and liquidate…

Ukraine: GDP up in Q3 2017

The real gross domestic product of Ukraine grew by 2.1% YoY in the third quarter of 2017, according to the report published on the website of Ukraine’ State Statistics Service. Earlier, on November 14, the statistics agency released preliminary estimates claiming that GDP growth in Ukraine in the third quarter also amounted to 2.1% in…

Lithuania: transport link between Klaipeda and Minsk discussed

During the meeting with Belarusian Minister of Transport and Communications Anatoly Sivak and Lithuanian Minister of Transport and Communications Rokas Masiulis discussed the successfully operating chain of Belarusian cargo transportation using the services provided by the Lithuanian Railways and Klaipeda State Seaport, as well as the outlook of bilateral cooperation in developing the necessary transport…