Lithuania’s parliamentary Committee on Foreign Affairs expressed its support to the actions of the Lithuanian Government with respect to China. Zygimantas Pavilionis, the committee’s chairman, said after the meeting that Lithuania might even benefit from China’s sanctions over time. “I think Lithuania will benefit from these sanctions, as can be seen from the example of…
In August, consumer prices in Ukraine decreased by 0.2% MoM, according to the State Statistics Service, but ose by 10.2% YoY and by 6.2% compared to December 2020. In January-August, compared to the same period last year, consumer inflation amounted to 8.7%. Core inflation last month was 0% compared to July. Since the beginning of…
The World Bank is ready to allocate $230 million to Ukraine until December as part of the COVAX initiative, the Ukrainian Finance Ministry’s press service has reported. According to the report, a meeting was held between Finance Minister Serhiy Marchenko and World Bank Regional Director for Belarus, Moldova and Ukraine Arup Banerji. “The parties discussed…
A Tajik-Uzbek investment company has been created pursuant to a decree of the Uzbek President Shavkat Mirziyoyev. The authorized capital will initially amount to $12 million, with a subsequent increase to $50 million. Its establishment was provided for by the relevant intergovernmental agreement between both states. It was signed in June, within the framework of…
Swiss chocolate producer Camille Bloch, which made a 40-million GEL investment in the Kakheti region of Georgia and planted hazelnut orchards on 50 ha of land, expects its first hazelnut harvest until 2025. Hazelnuts harvested in Georgia will be used for Camille Bloch’s famous chocolates. Georgian Economy Minister Natia Turnava met Daniel Bloch, the president…
There will be no cuts in next year’s state budget at the expense of internal security, Prime Minister Kaja Kallas (Reform) has promised. Kallas said: “I can confirm that internal security is one of the priorities and it will not get any worse. I am assured that no command will close, no police officer currently…
The Lithuanian government has allocated 670,000 euros to municipalities for the accommodation and education of migrants and for dealing with the consequences of the Covid-19 pandemic. These include 325,000 euros from the state reserve to cover migrant children’s education costs. Deputy Finance Minister Gediminas Norkunas told the cabinet that the cost estimate was preliminary and…