This year more than 600,000 railway containers from China will go to Europe via Minsk, Chengdu International Railway Port, a major hub of the Belt and Road project, reported. The railway port is able to secure an uninterrupted supply of Chinese goods to Europe. Both big and small Chinese companies ship their products. The journey…Details
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Fitch Ratings, the international ratings agency, said that it had withdrawn International Bank of Azerbaijan’s (IBA) $500 million senior unsecured notes following the completion of the bank’s debt restructuring and the settling of the issue on September 1. The agency has not yet rated the new $1 billion senior notes due 2024 issued in part…Details
The total state (direct) and government-guaranteed debt of Ukraine in July increased by 1.4% or by $1.05 billion, to $76.06 billion, the Ministry of Finance said on its website. The state debt in the national currency rose by 0.69% or by UAH 13.45 billion, to UAH 1.971 trillion. Since the beginning of the year the…Details
As of September 4, Ukraine harvested 37.537 million tons of grains (including corn) throughout the areas of 9.794 million ha (67% of the plan). The average yield totaled 3.83 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine declared. In particular, agrarians harvested buckwheat throughout 59 thousand ha (32%), and produced 67 thousand tons…Details
Latvian State Border Guard currently evaluates offers for procurement of new helicopters. The country’s National Armed Forces, one the other hand, has no plans to procure new helicopters in the near future. Until then, old helicopters will be kept repaired and in battle-ready condition, according to available information. It should be noted that Latvia currently…Details
The capital assets of the Azerbaijani Armed Forces Relief Fund amounted to 84,650,521.36 manats ($49.8 million) as of September 1. Azerbaijan’s Defense Ministry reported that the Fund’s dollar account has accumulated $212,873.88, the euro account reached 8,336 euros, while the ruble account made up 5,000 rubles. The Armed Forces Relief Fund, established in 2002, targets…Details
“This year we signed a contract for the delivery of various types of clothing to Kyrgyzstan for $2 million,” Anna Dobrykh, representative of the company “Iftkhorki Sanoat”, reported. According to her, they have been cooperating with Kyrgyz companies for two years. “At the business forum, we expect to sign more contracts. Agreements and intentions have…Details