Uzbekistan and Kazakhstan are planning to increase the volume of mutual trade to $4 billion. Nowadays, Kazakhstan and Uzbekistan carry out joint projects and cooperation programs in such areas as mechanical engineering, electrical engineering, food industry, tourism, transport and logistics. Recently, the volume of trade between the two countries has grown at a high rate.…
DetailsThe volume of remittances through digital services and PrivatBank offices in 2018 grew by 25% YoY, to $2.6 billion. Over 60% of remittances were received exclusively via digital services, according to the bank’s press service. Referring to the statistics of the National Bank of Ukraine on $5.67 billion of money transfers through official channels, PrivatBank…
DetailsIn March, the price of vodka, wine and beer of Ukrainian origin rose by an average of 8.6-12.5% YoY, according to data provided by the State Statistics Service of Ukraine. Thus, in March, the price of a bottle of vodka amounted to UAH 91.21 per 0.5 liter on average, up by 11.9%. A bottle of…
DetailsThe government of Tajikistan has approved a draft agreement between the Ministry of Transport of Tajikistan and the Aga Khan Development Network (AKDN) on cooperation on construction of a new Tajik-Afghan bridge across the Panj River The agreement provides for construction of the bridge across the Panj River that will consolidate permanent overland links between…
DetailsThe Uzbek flag carrier will soon connect the capital cities of Uzbekistan and Georgia with new seasonal flights. Uzbekistan Airways will start operating flights on the route Tashkent-Tbilisi from July 16. During the summer season flights will be performed twice a week on Tuesdays and Sundays by an Airbus 320 type aircraft. Uzbekistan Airways was…
DetailsTyulkubass district of Turkestan region has harvested 600 tons of walnuts, the local administration’s press service reports. The said district is considered a home to the best tasting apples and walnuts. In 2018 the district planted walnut trees on the territory stretching over 257 ha. This year it plans to bed out walnut trees on…
DetailsCheese exports from Ukraine in January-March totaled 1,600 tons, down by 14% YoY. The shipments of Ukrainian cheese abroad in monetary terms over the period under review shrank by 19%, to $5,800 million, according to customs statistics reports posted by Ukraine’s State Fiscal Service (SFS) on its website. Cheese imports in Q1 increased by 43%,…
DetailsBank deposits in the national currency in Ukraine in March fell by 1%, to UAH 539.4 billion ($20.2 billion), while deposits in foreign currency shrank by 0.7%, to $13.4 billion in the U.S. dollar equivalent. From year-start, bank deposits in hryvnias have decreased by 0.1%, while those in foreign currency grew by 0.2%, according to…
DetailsLithuania is ready to receive more cargoes from Belarus. The statement was made by Lithuanian Communications and Transport Minister Rokas Masiulis as he encouraged the Klaipeda port and Lithuanian Railways to do their best competing for contracts with Belarus. In a Facebook post Rokas Masiulis wrote that the amount of Belarusian freight handled by Lithuanian…
DetailsIn 2019, real GDP growth is expected to be around 3.7% in Kyrgyzstan, report of the National Bank says. Excluding the enterprises developing Kumtor mine, the growth will be about 3.8%. Production at Kumtor in 2019 is expected to be equal to the production level of 2018. In 2020, real GDP growth is forecast at…
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