Latvia: grey economy reaches 25.5%

Last year grey economy in Latvia increased by 1.6% YoY, reaching 25.5% of the country’s GDP, as reported by Stockholm School of Economics in Riga business center director Arnis Sauka at a press-conference dedicated to grey economy. He said that the grey economy had increased since 2021 and this was not a good thing. “If…

Uzbekistan: Ferghana region exports over 52 tons of cherries to South Korea

Uzbekistan’s eastern Ferghana region has delivered $246,000 worth of cherries to South Korea. The cargo weighing 52,236 kg took off from Ferghana International Airport to Incheon on June 15. Uzbekistan’s Transport Ministry said that the Ferghana airport had special storage rooms and special vehicles for storing and loading/unloading perishable products, which allowed retaining high quality…