Kyrgyzstan: Russia wants to participate in creation of China-Uzbekistan railway

Russia is interested in participating in the construction of the China-Kyrgyzstan-Uzbekistan railway. Deputy Prime Minister of Kyrgyzstan Zhenish Razakov made the statement during a meeting of the Russian-Kyrgyz intergovernmental commission for trade, economic, scientific, technical and humanitarian cooperation. Deputy PM stressed that Russia’s participation in the project was being considered at the suggestion of the…

Georgia: economy up in January 2019

Georgia’s economy is growing steadily, show the latest data from the National Statistics Office of Georgia (Geostat). The estimated real gross domestic product (GDP) growth rate in January equaled 3.5% YoY. Last month the estimated real growth, compared to the same period of the previous year, was posted in the following activities: trade; hotels and…

Armenia: electricity to be exported to Iraq

Armenia and Iraq are planning to launch energy cooperation, Ambassador Hrachya Poladian said after a meeting with Iraqi Minister of Electricity, Dr. Loay Al-Khatib. “The Ambassador noted the possibility of cooperation in the field of electricity transmission from Armenia to Iraq, and the use of alternative energy sources,” the Armenian Embassay said in a tweet.…

Ukraine: sugar production to drop

Sugar production in Ukraine in the 2019-2020 marketing year (MY, September 2019 – August 2020) could be reduced by 22% compared with the previous marketing year. The fall to 1.4 million tons is expected, as reported by the press service of the National Association of Sugar Producers of Ukraine “Ukrtsukor” with reference to a head…

Ukraine: industrial production down in January 2019

Ukraine’s industrial production declined by 2.9% in January compared to January 2018, the State Statistics Service of Ukraine reported. According to the seasonally adjusted index of the state statistics agency, industrial output in January 2019 shrank by 0.5% compared to December 2018. According to unadjusted indices, the drop in industrial production last month was 3.3%…

Armenia: production of medical supplies established

Production of quality medical supplies has been established in Armenia, Health Minister Arsen Torosyan said in a Facebook post. While syringes, blood collection containers, insulin pen needles and other supplies are currently manufactured in the new plant, Torosyan said catheters of various sizes and for various purposes would also be produced in the near future.…

Kyrgyzstan: construction of 1 kilometer of Bishkek – Kara-Balta road costs $1.6 million

Construction of one kilometer of Bishkek – Kara-Balta road costs $ 1.6 million, Head of the Projects Implementation Department of the Islamic Development Bank Erkinbek Osoev announced at the meeting of the parliamentary committee on transport, communications, architecture and construction. MP Tynchtykbek Konushbayev was indignant that the construction of roads was delayed. According to him,…

Ukraine: trade and economic cooperation discussed with Qatar

The representatives of Ukraine and Qatar have discussed the issues of bilateral trade and economic cooperation and the opportunities for investment in Ukrainian infrastructure, agriculture, and energy sectors. “The main talking points of the meetings were the issues of bilateral trade and economic cooperation, the opportunities for investment in Ukrainian infrastructure, agriculture and energy sectors,…

Kazakhstan: Kostanay region economy up in 2018

Enterprises of the mining sector of Kazakhstan’s Kostanay region produced goods for 361.7 billion tenge in 2018, up by 15.5%, governor of the region Arkhimed Mukhambetov said. He also noted positive trends in all major macroeconomic indicators. The head of the region said that industrial enterprises manufactured products for 871.7 billion tenge. Mukhambetov touched on…