The Government of Georgia is planning to purchase an additional batch of Javelin anti-tank portable missile system produced in the United States, with the Defence Ministry revealing it would benefit from a simplified purchase agreement in obtaining the modern weaponry from the country’s strategic partner. The purchase, with a total value of $26,246,866, will be…
The packaging deposit system start working in Latvia on February 1, said Minister of Environment Protection and Regional Development Arturs Toms Pless. He admitted having something akin to Christmas morning anticipation when it comes to this event. “I believe I’ll not be the only one – the whole of Latvia’s society has been waiting for…
Tallink Grupp has announced that its Tallinn-Helsinki route cruise vessel Silja Europa will remain suspended from the route until April 1. During the suspension the vessel will undergo technical repairs before returning to the route and the company’s management has also decided to bring forward the vessel’s technical dry-docking, originally planned for 2023, to carry…
The cargo transit of Belaruskali, one of the world’s largest producers and exporters of potash fertilizers, from the Belarusian border to the Lithuanian port of Klaipeda end at midnight on January 31. It marks the end of the transportation of fertilizers, stopped by US sanctions, that has been growing for more than a decade to…
Georgia’s trade turnover with Turkey in 2021 amounted to $2.1 billion, up by 40% YoY, the National Statistics Office (Geostat) reported. Thus, Turkey remained the top Georgian trade turnover partner over 2021, followed by Russia ($1.6 billion) and China ($1.4 million). Turkey’s share accounted for 15% of the total foreign trade turnover of Georgia in…
Ukraine currently has enough resources to ensure its macroeconomic and macro-financial stability. “Macroeconomic stability is the foundation for economic growth. At present, we have enough resources to ensure macroeconomic and macro-financial stability. There is over UAH 27 billion on the Treasury Single Account, more than UAH 30 billion on foreign currency accounts. The NBU reserves…
Consumer inflation in Ukraine in 2021 reached 10%, the press service of the National Bank of Ukraine (NBU) reported. “In 2021, consumer inflation was 10%. The target of 5% + 1% was exceeded more significantly than expected a year ago. To a large extent, inflationary trends in Ukraine reflected global processes,” the report says. The…