Ukraine successfully tested the Neptun anti-ship missile defense system on April 5. President of Ukraine, Supreme Commander-in-Chief of the Armed Forces of Ukraine Petro Poroshenko took part in the tests of the latest Ukrainian cruise missile complex to defeat the marine and coastal targets. All components of the complex were produced at Ukrainian defense enterprises,…
DetailsIn the field of maintenance of state roads it is necessary to outline priorities and leave only main roads with high traffic intensity and the most important regional roads in the hands of the state, said Latvia’s Transport Minister Talis Linkaits. “It is wrong for the state to answer for every gravel road. We need…
DetailsThe import of onions will be exempt from duties in Azerbaijan, and duties will be imposed on the export of cabbages, onions and potatoes, Azerbaijani Minister of Economy Shahin Mustafayev declared during a meeting with entrepreneurs of the burnt down Diglas shopping center in Baku. According to the minister, monitoring is conducted due to an…
DetailsGeorgia exported about 19.4 million bottles of wine to 37 countries in the first quarter of 2019, up by 10% YoY, announced the Georgian National Wine Agency. Last month Georgia generated $47 million from the sale of wine abroad, up by 16%. The top five countries that imported the most bottles of Georgian wine in…
DetailsDeputy Chairman of the State Fiscal Service (SFS) of Ukraine Yevhen Bambizov says the agency, due to the lack of effective mechanisms to influence debtors to recover tax debt that exceeds UAH 107 billion ($4 billion), insists on expanding its powers. “Tax debt accounts for 10% of the state budget revenue for the current year.…
DetailsIn January-March, UAH 59.9 billion were transferred to local budgets, up by 17.6% YoY, according to the State Fiscal Service. The State Fiscal Service also noted that UAH 19.5 billion were transferred to local budgets in March, up by 8% or by UAH 1.5 billion YoY. Also, in January-March, tax and personal income tax contributions…
DetailsStarting from July 2, Luminor bank will begin applying restrictions to payments made using code cards or GO3 code generators. “Because code cards will remain valid until September 10, clients will be able to gradually adapt to more secure authentication tools. Changes are planned because of stricter EU requirements towards clients’ digital authentication to increase…
DetailsSignificant increase in the production of honey has been observed in Azerbaijan since the Agriculture Ministry granted subsidies to Azerbaijani beekeepers, Head of the Azerbaijan Beekeepers Association Badraddin Hasratov declared. He said that there had been an increase in the number of apiaries among amateur beekeepers. For this year, it is planned to increase production…
DetailsAsian Development Bank (ADB) forecasts Kazakhstan’s economic growth to slowdown in 2019 and 2020, reflecting lower oil prices and reduced growth in China and Russia. “Aside from oil revenues, public investment is expected to become a key source of economic growth in the coming years,” reads the latest ADB outlook. The bank expects the growth…
DetailsUkraine has increased the export of berries almost 5-fold over the past four years: from 4.5 thousand tons to 23.5 thousand tons, the Agrarian Policy and Food Ministry’s press service reported. “Ukrainian fresh berries are exported to Belarus, Poland, Moldova, the UK and the Netherlands. The EU countries have become the largest consumers of frozen…
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