Minister of Foreign Affairs of Ukraine Dmytro Kuleba and Minister of Foreign Affairs and International Cooperation of the United Arab Emirates His Highness Sheikh Abdullah bin Zayed Al Nahyan agreed on the implementation of joint investment projects in priority areas. A telephone conversation between the two ministers took place on April 16, the press service…
DetailsThe air traffic in Ukraine fell by 37.5% in March compared to the relevant period last year, according to the Ukrainian State Air Traffic Services Enterprise (UkSATSE). “The total fall in air traffic over the month totals 37.5% compared to March 2019. However, this percentage takes into account the slight decrease in the air traffic…
DetailsGeorgia’s external trade turnover amounted to $2.77 billion in January-March, up by 2.7% YoY, showed preliminary data from the National Statistics Office of Georgia (Geostat). The value of exports decreased by 5.9% and reached $778.2 million, while imports decreased by 1.4%, amounting to $1.99 billion. The trade deficit of Georgia in January-March amounted to $1.23…
DetailsThe Estonian Association of the Club of Rome, an organization made up of former and current government leaders, bureaucrats, politicians, business leaders and other experts, says that economic recovery in the aftermath of the coronavirus pandemic will create an opportunity to switch to a predominantly circular economy, meaning a system which focuses on the continual…
DetailsJSC Ukrzaliznytsia does not plan to raise ticket prices after quarantine, Infrastructure Minister Vladyslav Kryklii has said. “There have been no plans to raise tariffs for passenger transportation and there are no such plans yet. It is clear that this issue should be raised in the future. However, when? I cannot tell you yet. Moreover,…
DetailsUkraine in January boosted chicken meat supplies to the European Union by 18.7% YoY, to 9,700 tons. At the same time, Ukraine retained its third position among top exporters of chicken meat to the EU, following Thailand (26,400 tons) and Brazil (27,400 tons), according to an April report by the European Commission. However, Ukraine in…
DetailsThe World Bank projects Georgian economic growth to slow sharply this year, coming close to 0% in 2020 due to the challenging external environment and impacts of the COVID-19 pandemic. However, the COVID-19 impacts on the Georgian economy “will be partly cushioned by a fiscal stimulus of around 2% of GDP, containing acceleration of capital…
DetailsSouthern regions of Kazakhstan have already started the planting campaign of spring crops, reported the First Vice-Minister of Agriculture of the Republic of Kazakhstan, Aydarbek Saparov. In particular, Jambyl region planted spring crops throughout 249.5 thousand ha, or 67% of the forecast, Turkistan region – 167.5 thousand ha (25.5%), Almaty region – 97.1 thousand ha…
DetailsMunicipalities in Latvia will have the right to receive state budget loans to increase base capital of municipal companies if their turnover drops more than 50% because of COVID-19 crisis, as provided by amendments supported by the Cabinet of Ministers on April 9. Finance Ministry explains that for municipalities as capital shareholders to support companies…
DetailsThe National Bank has predicted a rough crisis scenario for Ukraine in case the country fails to seal a new cooperation program with its key lender, the International Monetary Fund. Following a meeting via video link held between the regulator’s leadership and members of the American Chamber of Commerce in Ukraine, the National Bank will…
DetailsIn January-March, local budgets of Ivano-Frankivsk region received UAH 1.5 million in tourist tax revenues. Compared with the relevant period last year, the growth in revenues made up 38%, Vitaliy Perederko, the head of the tourism department of the international cooperation, eurointegration, tourism and investments department at the Ivano-Frankivsk Regional State Administration wrote on his…
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