The trade turnover between Russia and Uzbekistan from January to October amounted to $28 billion, Ambassador of the Russian Federation to Uzbekistan Vladimir Tyurdenev said during the conference dedicated to the results of the year. The trade turnover increased by 25% YoY. In physical terms, the volume of trade increased by 6.3% – from 3.6…Details
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Ukraine’s Cabinet of Ministers has approved of the additional capitalization of the state-run Oschadbank (Savings Bank of Ukraine) to the tune of UAH 5.750 billion. According to the cabinet decision, the bank will additionally issue 4,957 shares with the existing face value of UAH 1.16 million. As reported, the National Bank of Ukraine (NBU) on…Details
Ukrainian exports grew by 20% in 2017, Prime Minister Vladimir Groysman said. “In 2017, total exports grew by almost 20%, they were $35 billion in the nine months. This amount was paid to Ukraine for products created by Ukrainian hands,” he said while opening a Cabinet meeting. In his words, the European Union accounted for…Details
Minsk Motor Plant (MMZ) is ready for the introduction of the Euro-5 emission standard, the company’s press service reported. Diesel engines for trucks, buses, and other heavy vehicles require complicated and expensive systems for neutralizing exhausts in order to observe the Euro-5 environmental standard. MMZ is ready for changes on the transport market of the…Details
Head of the National Energy Holding of Kyrgyzstan Aibek Kaliev told at a press conference on December 27 about the export of electricity to Uzbekistan. According to him, in order to effectively use Toktogul reservoir in 2018, an agreement to supply electricity to Uzbekistan was concluded. The export began on December 20. By March 2018…Details
Iranian Consul General to Azerbaijan’s Nakhchivan Autonomous Republic Mansour Airom has expressed hope that re-launching the Mashhad-Nakhchivan train will help boost tourism in the neighboring countries over the next year. Iranian and Azerbaijani railways officials are making efforts to re-launch the Mashhad-Nakhchivan train in the early days of January 2018, the envoy said. He added…Details
The volume of construction work in Ukraine in January-November increased by 122.5%, the Regional Development, Construction, Housing and Utilities Service Ministry reports. “In January-November enterprises of Ukraine carried out construction work worth UAH 84.4 billion (excluding the temporarily occupied territory of Crimea and Sevastopol and part of the anti-terrorist operation zone in the east of…Details