Silk Way West Airlines, an Azerbaijani cargo airline, will launch cargo flights from the US city of Chicago to the Georgian capital of Tbilisi and Azerbaijani capital of Baku, Georgian Economy Minister Natia Turnava has announced. She said that this was a positive fact for the Georgian economy. “First, it is important that cargo flights…Details
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Imports grew by 49% YoY in the second quarter of 2021, while exports grew by almost as much, by 41%, the state agency Statistics Estonia said. The year-on-year figure for June alone was 45% (imports) and 26% (exports), while overall imports of EUR 1.7 billion was a record figure. Evelin Puura, lead analyst at Statistics…Details
Ukraine’s Ambassador to Kyrgyzstan Valeriy Zhovtenko has met with Minister of Foreign Affairs of the Kyrgyz Republic Ruslan Kazakbaev, according to the Embassy of Ukraine in Kyrgyzstan. During the meeting, a number of topical issues of bilateral cooperation of mutual interest were discussed. In particular, they discussed ways to increase trade, economic, cultural, humanitarian and…Details
Cargo traffic at the Port of Liepaja in January-July increased by 6.8% YoY and totaled 3.79 million tons, the Liepaja Port Authority statistics showed. Seven-month volume of grain fell by 0.8%, to 1.34 million tons, anthracite volume plummeted by 86.6%, to 28,800 tons, handling of building materials declined by 0.6%, to 416,100 tons, and oil…Details
Uzbekistan’s gross gold and FX reserves as of August 1 amounted to $35.1 billion, according to the data unveiled by the Central Bank. This is by $964 million more than as of July 1. The regulator said that the gold price was the main reason for growth. The country has almost $21.5 billion worth of…Details
Boryspil International Airport, located just outside Kyiv, ranked fifth in 2021 among the 10 best airports across the region of Eastern Europe, the Ministry of Infrastructure reported. “Since 1999, the rating has been formed annually by the UK-based Skytrax consultancy. Winners are determined through a global survey of airport customers. Travelers from more than 100…Details
Fitch Ratings revised the Outlook on Ukraine’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Positive from Stable and affirmed the IDR at B. “On August 6, the international credit ratings agency Fitch Ratings revised the outlook on Ukraine’s long-term foreign-currency issuer default rating (IDR) from stable to positive and affirmed the IDR at B,” the…Details