The state will stimulate and finance programs for the development of rail car manufacturing in Ukraine. “Development of high-quality railway service, high-quality rolling stock is one of the priorities because, apart from comfort for people, it is also an important factor contributing to economic development. We will finance and stimulate programs to develop domestic rail…
Ukraine’s international reserves in July grew by 2.1% YoY, to $28.951 billion (in equivalent), according to the press service of the National Bank of Ukraine (NBU). “As of August 1, Ukraine’s international reserves stood at an equivalent of $28,951.1 million, according to preliminary data. In July, international reserves increased by 2.1%, primarily due to the…
The Uzbek government has said it would invest nearly $1.87 million into the development of the flower industry. It plans to increase the volume of flower cultivation and flower exports, as well as to promote floriculture among the population. Funds are to be allocated to the newly created Association of Florists for attracting international experts,…
In July, the number of passengers serviced at Riga International Airport increased by nearly half when compared to June, according to available data on the airport’s operations in the first seven months of 2021. The airport serviced 297.2 thousand passengers, up by 140,000 MoM. This means the number of passengers serviced in July reached 36%…
The Ministry of Economic Affairs and Communications says it plans to buy four of five ferries, which currently service Estonia’s two largest islands, Hiiumaa, and, via Muhu, Saaremaa. The move would not quite represent a full nationalization in that the company that operates the vessels, TS Laevad, is a subsidiary of the Port of Tallinn…
Uzbekistan and Turkmenistan have agreed to expand the bilateral trade turnover to $1 billion in the near future. Uzbekistan’s Minister of Investment and Foreign Trade Sardor Umurzakov during negotiations with Deputy Chairman of the Cabinet of Ministers of Turkmenistan Serdar Berdimuhamedov on August 4 agreed to abolish existing tariff and non-tariff barriers and simplify the…
Potatoes remained a top export in the “fresh fruit and vegetables” category of food exports of Georgia, in June, the Georgian National Statistics Office (Geostat) reported. Revenues from selling potatoes abroad amounted to $3.7 million, up by 20% from the blueberry export revenues (ranked second in June). The top exporting destination for Georgian potatoes was…