Ukraine: government approves attraction of external advisor to upgrade state-owned banks reform strategy

Ukraine’s Cabinet of Ministers, under a proposal of the Finance Ministry, has approved the attraction of an external advisor who will advise the ministry in upgrade of the strategy for reforming state-owned banks. The decision was made by the government on April 12. “Implementing clause 13 of the memorandum (signed by Ukraine and the International…

Tajikistan and Uzbekistan resume flights after 25 years

Tajikistan and Uzbekistan have reestablished regular connecting flights after a 25-year break, paving the way for improved relations, a spokeswoman at Tajikistan’s international airport said. “An Uzbekistan airways flight (from Tashkent) landed at Dushanbe international airport at 8:03 am (0303 GMT),” she said. According to her, “the plane and the passengers were very well met.”…

Ukraine: corn planting for grain started

Ukrainian agrarians started planting corn for grain. As of April 10, Ukraine planted the grain throughout the areas of 60 thousand ha, or 1% of the plan, the Ministry of Agrarian Policy and Food of Ukraine declared. The general planted areas under early grains and pulses in the country reached 2.094 million ha, or 87%…

Belarus: inflation at 0.3% in March 2017

In March the index of consumer prices for goods and services totaled 100.3% as against February 2017 and 101.7% as against December 2016, the National Statistics Committee of Belarus reported. In March the basic index of consumer prices that disregards changes of prices for the commodities and services affected by administrative and seasonal factors reached…

Latvia: closer cooperation with American ports to be formed

U.S. congressmen have voiced support for Latvia’s security and an interest for developing closer cooperation with the country’s ports, as reported by Latvian Foreign Affairs Ministry. On April 9, Latvian Foreign Affairs Minister Edgars Rinkevics met with a delegation of U.S. congressmen led by congressman Bull Shuster to discuss Trans-Atlantic relations, strategic cooperation between Latvia…

Armenia: Ameriabank retains absolute leadership in banking sector

Ameriabank retains absolute leadership in the banking sector of Armenia by all key financial indicators i.e. assets, liabilities to clients, total capital, loan book and net profit, based on 2016 results.

Furthermore, the bank has reported strong performance in retail banking. (PanArmenian/Business World Magazine)

Turkmenistan and South Korea hold business talks

Ashgabat hosted a meeting of the Turkmenistan-South Korea intergovernmental commission on commercial, economic, scientific and technological cooperation, said the Turkmen Foreign Ministry in a message. The Turkmen side was headed by Deputy Prime Minister Maksat Babayev, the South Korean side – by Minister of Trade, Industry and Energy Joo Hyunghwan. The meeting’s agenda included the…