Latvia’s railway system is inefficient and needs to be changed so that it is possible to compete with other countries, because the tariffs Latvia has now are too high, said Baltic Association – Transport and Logistics President Inga Antane. Antane mentions experience of her colleagues: “Our colleagues in Germany made a very important political decision…Details
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New trolleybuses are expected to be delivered to Bishkek in September, the deputy mayor of the city Gennady Militsky reported. According to him, the tender was held, and the documents were sent to the European Bank for Reconstruction and Development for approval. A Russian company was recognized the winner for the supply of low-floor trolleybuses,…Details
According to the results of the first half of the year, First Ukrainian International Bank (FUIB) increased the amount of cash loans by 70% YoY. At the same time, the increase of the issuance of loans on the open market amounted to 190% – these are new customers of the bank. The average amount of…Details
Ukraine has concluded 16 free trade agreements over the years of independence, covering 45 countries, according to a report posted on Facebook by Deputy Minister of Economic Development and Trade and Ukraine’s Trade Representative Natalia Mykolska. The most extensive free trade agreement was concluded between Ukraine and the European Union (Deep and Comprehensive Free Trade…Details
According to the preliminary data, Belarus’ gold and foreign currency reserves totaled $6,664 million as of August 1, if calculated in accordance with methods of the International Monetary Fund, the Information and PR Department of the National Bank of the Republic of Belarus reported. In July the country’s gold and foreign currency reserves went up…Details
One more Kazakhstani air carrier will fly to Europe after obtaining a TCO authorization, the Civil Aviation Committee under the Ministry for Investment and Development of Kazakhstan has reported. The committee confirmed that Kazakhstani airline Comlux-kz LLC had received the TCO authorization from the European Aviation Safety Agency (EASA) and become the authorized third-country (non-EU)…Details
Uzbekistan’s foreign trade turnover rose by 11.1%, to $12.072 billion in January-June, compared with the same period of 2016, the State Statistics Committee of the Republic of Uzbekistan reported. Uzbekistan has increased export operations by 13.1%, to $5.97 billion, imports – by 9.2%, to $6.102 billion. Foreign trade turnover with the CIS countries improved by…Details