Azerbaijan to create joint drug plants with Turkey and Ukraine

Azerbaijan is holding negotiations to create pharmaceutical plants jointly with Turkish and Ukrainian companies, Shahin Mustafayev, Azerbaijani economy minister and chairman of the country’s Tariff (price) Council, said. Mustafayev noted that currently those Turkish and Ukrainian companies were preparing business plans and documents on technical justification of their projects. “Meanwhile, work is being carried out…

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Ukraine: electricity exports in 2016

In 2016 Ukraine exported $152.063 million worth of electricity, in particular $14.278 million in December 2016. According to the State Fiscal Service, electricity delivered to Hungary amounted to $119.317 million last year, to Poland to $32.392 million, Moldova to $347,000, and other countries to $7,000. Thus, in money terms exports of Ukrainian electricity last year…

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Uzbekistan: construction of Sergeli subway line to cost $170.1 million

The President of Uzbekistan Shavkat Mirziyoev adopted a resolution “On measures on implementation of the “Construction of Sergeli metro” project.” The document was adopted in order to improve the transport infrastructure of the Tashkent city, develop and extend metro lines, increase passenger traffic in the metro and reduce the workload of the ground public transports…

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Ukraine: Finance Ministry to place government domestic loan bonds under anonymous bids

The National Bank of Ukraine (NBU) has revised requirements to anonymity of applications of participants during the placement of government domestic loan bonds, the central bank has reported. Amendments to the rules of holding transactions related to the placement of government domestic loan bonds were approved by the Finance Ministry. They are outlined in NBU…

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Kazakhstan: inflation hits 8.5% in 2016

Inflation rate in Kazakhstan hit 8.5% in January-December 2016, Statistics Committee of the Ministry of National Economy of Kazakhstan reported. Food prices have increased by 9.7%, non-food items’ prices have gone up by 9.5%, and paid services’ prices have increased by 6.1% since early 2016. In December 2016 the inflation rate was 0.9%. Food prices…

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