Azerbaijan: Mashhad-Nakhchivan train to boost tourism in 2018

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…

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Ukraine: construction work up in 2017

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…

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Estonia: no new taxes in 2018

Prime Minister Juri Ratas said no new taxes would be implemented next year, but added that he would like to increase the quota of workforce coming from outside the European Union. “I do not think it right to make new decisions concerning the tax policy a year before the end of this composition of the…

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Ukraine: local budgets get UAH 173.5 billion in January-November 2017

In January-November the general fund of local budgets received UAH 173.5 billion, which is 96.7% of the annual projected figures, Vice Prime Minister – Minister of Regional Development, Construction, Housing and Utilities Service Hennadiy Zubko declared. According to him, 692 united territorial communities have been created in Ukraine. A total 3,327 local councils have united,…

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Armenia: energy exports to grow

The role of Armenia as an energy corridor between Iran and Georgia will grow, tripling the potential of exporting electricity, minister of energy infrastructures and natural resources Ashot Manukyan said. According to the minister, three solar stations have been put to operation in Armenia in 2017, and a total of 128 solar photovoltaic stations have…

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Ukraine: PrivatBank hires Rothschild’s partner to sell 46.5% stake in AS PrivatBank Latvia

The nationalized Ukrainian-based PrivatBank has hired a leading Ukrainian company that is Rothschild’s partner in Ukraine to find buyers of PrivatBank’s 46.5% stake in AS PrivatBank Latvia, the Ukrainian bank said in a statement. PrivatBank’s supervisory council has given the green light to hiring, the bank said. The partner will also have to prepare and…

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Belarus to export electricity to EAEU

Belarus hopes to supply electricity to the common electricity market of the Eurasian Economic Union (EAEU), Belarus’ Energy Minister Vladimir Potupchik declared. “We hope to export electricity to the common electricity market of the Eurasian Economic Union after the common gas market is established and equal rights for all the countries are created. Our electricity…

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Turkmenistan: fish industry developing

The administrative center of Turkmenbashi (Turkmenistan) operates a complex for breeding sturgeons, producing black caviar and fish products. The enterprise belongs to the open joint-stock company “Khazar balyk”. The annual capacity of the facility is 100 tons of commercial fish of sturgeon species, 2 tons of sturgeon caviar, 170 tons of smoked, dried and other…

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Ukraine: GDP up in Q3 2017

The real gross domestic product of Ukraine grew by 2.1% YoY in the third quarter of 2017, according to the report published on the website of Ukraine’ State Statistics Service. Earlier, on November 14, the statistics agency released preliminary estimates claiming that GDP growth in Ukraine in the third quarter also amounted to 2.1% in…

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