Ukraine: apple exports to UAE to grow

In the 2018-2019 season, Ukraine can export about 200 containers of apples to the United Arab Emirates, while the volume of supplies will grow on a monthly basis. Head of the Ukrainian Fruit and Vegetable Association Fedir Rybalko made a corresponding statement at the GulFood exhibition held in Dubai, the UAE, the press service of…

Ukraine: Ukroboronprom to modernize Egypt’s air defense systems

Ukraine’s state-run Ukroboronprom Concern has reached an agreement to modernize Egypt army’s air defense systems. The agreement was signed at the meeting between Director General of Ukroboronprom Pavlo Bukin and Vice President and Production Director of Egypt’s National Organization for Military Production Hassan Ahmed Abdel-Mageed during an IDEX-2019 exhibition in Abu Dhabi (UAE), according to…

Armenia: trade turnover with EU up in 2018

Armenia’s trade turnover with the member states of the European Union recorded a major growth in 2018, comprising $1 billion 830 million 74 thousand, moreover, the export grew by nearly 8%. The GSP+ privileged trade regime and the new electronic system for certification of origin of goods greatly contributed to the boosting of the commercial…

Azerbaijan: Aliyev’s decree to revive construction market

The decree by Azerbaijani President Ilham Aliyev on simplifying the issuance of permits for the operation of a number of multi-apartment buildings will help revive the construction market, Nusret Ibrahimov, real estate expert, director general of the consulting company MBA Group, reported. He said that earlier, investors and construction companies couldn’t commission construction projects for…

Uzbekistan: vegetable oils imports up in 2018

In 2018, Uzbekistan increased the imports of vegetable oils by 42.1% in physical terms compared with the previous year, to 175.4 thousand tons, and in monetary terms – by 19.3%, to $147.4 million, declared the Ministry of Agriculture and Water Resources. In particular, the imports of sunflower oil demonstrated the most significant upward trend –…

Azerbaijan: GDP up in January 2019

Azerbaijan’s GDP in January amounted to almost 5.9 billion manats, up by 2.9% YoY, the State Statistics Committee reported. GDP per capita was 601.1 manats. The volume of GDP produced in the non-oil sector of Azerbaijan increased by 2.7%, while there was an increase of 3.2% in the oil and gas sector. In 2018, except…

Ukraine: new high-precision multiple rocket launching system showcased at IDEX 2019

Ukraine’s state-owned defense industrial group, Spetstechnoexport, has unveiled for the first time the new model of high-precision multiple rocket launching system Vilkha at the international Defense exhibition IDEX 2019 in the UAE. According to a company statement, the new Ukrainian high precision multiple rocket launching system Vilkha with 300mm caliber missiles is considered one of…

Turkmenistan: transit cargo transportation from China to increase

Turkmenistan’s logistics potential in the field of transit cargo transportation has increased taking into account the commissioned Kazakhstan-Turkmenistan-Iran transnational railway. The foreign partners, including China, pay more attention to the transit potential of this route, which has become an important link in the North-South and East-West transport corridors. The total length of the China-Kazakhstan-Turkmenistan-Iran route…

Ukraine: trade with EU up in 3 years

Trade between Ukraine and the EU has increased by 60% in the past three years, President of Ukraine Petro Poroshenko said during his speech at the panel discussion “Security in Eastern Europe” within the framework of the Munich Security Conference. The president noted that Ukraine’s external trade with EU countries accounted for 43%. “Europe for…

Ukraine: real GDP up in Q4 2018

Real GDP of Ukraine increased by 3.4% in the fourth quarter of 2018 compared to the same period in 2017, the State Statistics Service of Ukraine has reported. Real GDP in the fourth quarter of 2018 increased by 1.1% QoQ (taking into account a seasonal factor), and by 3.4% compared to the fourth quarter of…