Uzbekistan: trade-economic ties with Korea discussed

On July 19, the Ministry of Foreign Economic Relations, Investment and Trade of Uzbekistan hosted a meeting with the newly appointed Ambassador Extraordinary and Plenipotentiary of Republic of Korea to Uzbekistan Kwon Yong Woo. During the meeting, the sides discussed current status and prospects of bilateral trade-economic, investment, financial and technical cooperation. Particular attention was…

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Ukraine: Odessa-Brody pipeline oil transit tariffs cut

Ukraine’s Ministry of Infrastructure has approved a 75%-discount for the oil transiting tankers that enter the Yuzhne port, and for the Odessa-Brody oil pipeline. The decision creates favorable terms for oil transiting using the Odessa-Brody pipeline. “The Tariffs Committee of Ukraine’s Infrastructure Ministry granted Ukrtransnafta’s appeal to set the economically favorable tariffs for port duties…

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Tajikistan: Russian companies fail to implement a number of agreements with agrarians

Russian companies that have concluded agreements with Tajik agrarians on purchasing potatoes and onions have failed to fulfill their obligations on those agreements, Tajik Minister of Agriculture Sattor Izatullo said. According to him, Russian companies concluded agreements with Tajik onion and potato producers at the beginning of the year but later changed their mind. “I…

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Kazakhstan: online store selling locally made products to be launched

An online store selling only locally made products will be launched in Kazakhstan. Talgat Assylbayev, executive director of the Commodity Producers and Entrepreneurs Association “Made in Kazakhstan”, announced the plans to launch the online store. “Together with the Kazakhstani Association of High-Technology, Energy-Efficient and Innovative Companies we are working on the project of the online…

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Kazakhstan to start producing high-speed locomotives

Kazakhstan’s electric locomotives assembly factory (Elektrovoz Kurastyru Zauyty) will start production of high-speed passenger locomotives in autumn, the press service of Kazakhstan Railways (Kazakhstan Temir Zholy) said. The high-speed locomotives will be able to make 200 kilometers per hour. Such an electric locomotive – KZ4AT, designed by the French company Alstom – was successfully tested…

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