A new micro-district will soon appear in ancient Turkestan. According to the regional administration, in recent years the authorities adopted a number of comprehensive projects in order to further the development of the city. And in order to meet the needs of 30,000 citizens in housing and land, the new Otyrar micro-district is being built…Details
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Kyrgyzstan and Uzbekistan intend to operate new flights to Issyk-Kul. This issue was discussed in Tashkent by officials of the aviation services of two countries. According to the Ministry of Transport and Roads of the Kyrgyz Republic, there is an intention to increase the number of flights from Tashkent and possibly other cities of the…Details
Ukraine will fully execute the contract signed in 2011 for the supply to Thailand of new Oplot-T tracked armored vehicles manufactured at Malyshev Plant (Kharkiv), Ukroboronprom state concern has stated. “The contract will be executed in accordance with all the agreements provided. The executor of this order and the manufacturer of Oplot tanks is Malyshev…Details
Production of motor vehicles in Ukraine rose by 72.8% YoY in January-June, to 3,621 units, according to the Ukrautoprom Association. In particular, production of passenger cars grew by 88.3%, to 3,078 units, while the output of commercial vehicles shrank by 49.3% YoY, to 206 units. At the same time, the number of buses produced over…Details
The inflation rate in Belarus can be reduced to 5% in the near future, Economy Minister Vladimir Zinovsky reported. “The inflation target for 2017 is under 9%. However, the consumer price index rose at a slower pace, which gives reason to expect the inflation to trend around 7%. The most important thing is to make…Details
Belarus’ GDP is projected to increase by 1-1.1% in H1 2017, Economy Minister Vladimir Zinovsky reported. “The statistics are not available yet but we know the figures for some sectors. The manufacturing industry has fared well. Due to the bad weather we have not been able to crop the first harvest of forage crops as…Details
Uzbekistan: banks entitled to carry out transactions on foreign exchange market at market exchange rate
The transactions on purchase and sale of foreign currency between the authorized banks and their clients were carried out at the average exchange rate fixed in interbank trading sessions held in Uzbekistan during the previous week. By its resolution the Uzbek government abolished this procedure. According to the decision of the country’s Cabinet of Ministers,…Details