Iranian companies have invested $2.6 billion in Azerbaijan’s economy, Azerbaijan’s Deputy Economy Minister Sahil Babayev said. The deputy minister said that only $145 million of this amount was invested in the non-oil sector. Around 450 companies with Iranian share operate in Azerbaijan, Babayev added. “The relations between Azerbaijan and Iran have entered a new phase.…Details
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On September 12-18, the export volumes of grains from the Russian seaports reached 229.4 thousand tons, against 429.8 thousand tons shipped in the previous week. In particular, the wheat shipments totaled 112.9 thousand tons, barley – 77.5 thousand tons, corn – 32.5 thousand tons, and peas – 6.5 thousand tons. (APK-Inform/Business World Magazine)Details
On September 16, on completion of the Eid al-Fitr celebration, as soon as the banking day was opened in Turkmenistan, Turkmenhowayollary (Turkmenistan Airlines) transferred cash to the accounts of the Russian air navigation service provider, FSUE “State ATM Corporation” for services previously rendered in full. All restrictions on Turkmenistan Airlines’ flights in Russian airspace have…Details
In H1 2016 financing of labor protection measures of JSC “Sea Port of Saint-Petersburg” (SP SPb, part of UCL Holding) amounted to 14.3 million rubles. Major part of the funds SP SPb transferred for reimbursement payments for work, which was considered in accordance with requirements of Labor legislation of RF and provisions of Collective Bargaining…Details
French company Danone is considering the prospects of purchasing a third dairy plant in Belarus. Belarusian Prime-Minister Andrei Kobyakov made a statement to this effect at a meeting with French Ambassador in Minsk Dominique Gazuy upon completion of her diplomatic mission to Belarus. The premier said: “French companies have been paying attention to Belarus in…Details
Estonia’s capital Tallinn was named a Top-Rated Baltic & Scandinavia Cruise Destination in Cruise Critic’s first-ever Cruisers’ Choice Destination Awards. According to the Cruise Critic’s consumer feedback submitted on the Cruise Critic website over the past year the top 5 destinations of the Baltic Sea region are: 1. St. Petersburg; 2. Tallinn; 3. Stockholm; 4.…Details
OAO Belarusbank jointly with Russia’s Roseximbank will provide special-terms financing for supplies of high-tech products from Russia to Belarus, the Belarusian bank said in a press-release. Operating as part of Russian Export Centre Group, Roseximbank has been financing Russia’s high-tech products facilitation program since 2015. The banks will provide documentary credit financing in support of…Details