Uzbekistan: charter flights to Kyrgyzstan to be resumed in summer

Uzbekistan and Kyrgyzstan will resume charter flights on the route Tashkent-Tamchy (Issyk-Kul). Inspiro Travel (Kyrgyzstan) and Asia Lux Travel, together with Uzbekistan Airways, intend to resume charter flights on the Tashkent-Tamchy route (Issyk-Kul) for the summer tourist season 2019, from June 27 to September 6. Flights on the route Tashkent-Tamchy-Tashkent will be operated once a…

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Lithuania: anti-money laundering tactics changed

In a change of anti-money laundering tactics, Lithuania’s authorities open pre-trial investigations even if there are only suspicions about the origin of money, Mindaugas Petrauskas, deputy director of the Financial Crime Investigation Service (FNNT), said. According to him, the state received 4 million euros in extra revenue last year, even though the investigations were discontinued.…

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Ukraine: Deposit Guarantee Fund completes payments to Interbank depositors

The Deposit Guarantee Fund has completed payments to the depositors of PJSC Commercial Bank Interbank, according to the Fund’s press service. “On May 24 the authorized person of the Deposit Guarantee Fund for the liquidation of the PJSC Commercial Bank Interbank submitted documents to the state registrar of legal entities, individual entrepreneurs and public organizations…

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Ukraine: industrial output up in April 2019

Industrial output in Ukraine in April accelerated to 5.2% from 2.1% in March. With calendar adjustment, industrial production growth in Ukraine in April accelerated to 4.4% YoY against 2.7% in March, the State Statistics Service of Ukraine has said. Industrial production in April compared to March decreased by 1.8% without calendar adjustment, but saw a…

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Turkmenistan: cooperation with India to be intensified

President of Turkmenistan Gurbanguly Berdimuhamedov congratulated Indian Prime Minister Narendra Modi on the convincing victory of his Bharatiya Janata Party (BJP) in the general parliamentary elections. The Turkmen president expressed confidence that the high level of bilateral relations would continue to serve as a solid basis for enhancing Turkmen-Indian cooperation and interstate relations covering the…

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Georgia: lari devaluation shot-term

The Georgian national currency, the lari, has depreciated in value against the US dollar and the euro in recent days, with $1 costing 2.7799 GEL, while 1 EUR costs 3.0954 GEL. Georgian Prime Minister Mamuka Bakhtadze says that “it seems this is a short-term effect and this will be regulated in the nearest future”. Bakhtadze…

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Estonia: construction volumes up in Q1 2019

According to the information released by Statistics Estonia, in the first quarter of 2019, the total production of Estonian construction businesses in Estonia and foreign countries increased by 2% YoY. Overall construction volumes increased due to work done abroad, as construction volumes on the Estonian market decreased. In the first quarter of 2019, the production…

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