Ukraine: economy already started growing

Ukraine’s economy demonstrates a growing dynamics, thereby affording to fill the state budget and to invest in improving the quality of life of the Ukrainian people and citizens. Prime Minister of Ukraine Volodymyr Groysman announced this while opening a government meeting on Wednesday, the press service of the government’s portal reported. “In fact, today we…

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Belarus: Panasonic launches TV-set production

Panasonic, one of the world’s largest manufacturers of consumer electronics, is launching TV-set production in Belarus, the company said in a press-release. Panasonic has considered several locations in other member states of the Customs Union, but has chosen Belarus as the best site in terms of quality, flexibility and production speed. Initially the company plans…

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Belarus hopes for more vibrant investment cooperation with European companies

Ambassador Extraordinary and Plenipotentiary of Belarus to Belgium with concurrent accreditation to Luxemburg, Belarus’ Permanent Representative in the European Union Alexander Mikhnevich expressed hope for further development of investment cooperation between Belarus and the European companies. “Many EU companies already have presence in Belarus. The most interesting sectors include machine-building, electronics, chemical products, pharmaceuticals, timber,…

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Russia: corporate lending to grow in 2016

The international rating agency Fitch expects that corporate lending in Russia will grow by 5% in 2016 and retail loans will increase within 3%, the agency’s analyst Anton Lopatin said. “In the first half of the year corporate lending adjusted for currency revaluation increased by 2%. Reasons of this growth – rates have decreased, correspondingly,…

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Belarus: cooperation with Ecuador discussed

Belarus and Ecuador discussed their cooperation during the 71st session of the UN General Assembly, the press service of the Belarusian Ministry of Foreign Affairs reported. Belarus-Ecuador cooperation was in the spotlight at the meeting of Ambassador Extraordinary and Plenipotentiary of Belarus to Ecuador Igor Poluyan and Acting Deputy Minister of Foreign Affairs and Migration…

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Belarus: Ambassador discusses cooperation prospects with Venezuelan companies

Belarus’ Ambassador to Venezuela Oleg Pafenov met with the heads of Venezuelan companies to discuss prospects for further cooperation. “The Ambassador held working meetings with heads of three assembly plants built by Belarusian specialists. The parties discussed the current issues related to the operation of companies and talked over the prospects for further mutually beneficial…

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Ukraine to sign deal with Georgia on arranging direct ferry-railroad services

Ukraine and Georgia have signed an agreement at the governmental level on arranging direct international railroad services through the two countries’ seaports, the Ukrainian Infrastructure Ministry press service reported. The agreement was signed at the International Maritime Forum in Batumi on September 13. “We signed a very important document today, which links Ukraine, Georgia, Kazakhstan…

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Kazakhstan: S&P affirms credit ratings

Standard & Poor’s (S&P) Global Ratings affirmed its ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings on Kazakhstan. The S&P also affirmed the Kazakhstan national scale ratings at ‘kzAA’, the outlook on the long-term ratings is negative, the credit-rating agency said in a message on September 12. The ratings on Kazakhstan remain…

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