Ukraine: largest manufacturer of electric vehicles interested in cooperation

BYD Company, the world’s largest manufacturer of electric vehicles and lithium batteries, is considering the possibility of locating its production on the territory of Ukraine with further expansion into the European market. This was discussed during the meeting of Infrastructure Minister of Ukraine Volodymyr Omelyan with Isbrand Ho, Managing Director of BYD Europe, the press…

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Belarus: food exports up in January-April 2018

Belarus’ food exports rose by 9.3% YoY in January-April, Belarus’ Agriculture and Food Minister Leonid Zayats declared on the sidelines of the international agriculture expo Belagro 2018. “Belarus’ agriculture industry has shown positive dynamics during the period under review. Gross output increased by 3.5%. The production of milk went up by 80,000 tons, that of…

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Ukraine: Antonov responds to Russia’s plans to produce Ukrainian cargo aircraft under new brand

Antonov State Enterprise does not intend to resume cooperation with the Russian side for the production and modernization of An-124-100 Ruslan aircraft. “The question of the resumption by the specialists of SE Antonov of mass production of An-124-100 Ruslan aircraft together with the Russian side is not on the table,” Antonov press service stated. On…

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Kazakhstan: peas lose Turkish market

Although the crop of peas in Kazakhstan increased substantially in 2017, their exports have started sinking. The reasons include both intensifying competition among exporters of this crop and weaker foreign demand. Kazakhstan exported some 20.2 thousand tons of peas in the first seven months of 2017-2018 (September-March), down 4-fold YoY. Turkey, which has been the…

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Lithuania: more EU money to be attracted

Lithuania’s government will try to negotiate more of EU cohesion support for regional development after the European Commission suggested cutting such support by 13% in the new budget, Vice Minister of Finance Migle Tuskiene says. In her words, Lithuania will try to negotiate with other EU member states and the European Parliament for the support…

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Ukraine: Kiev and Tehran to boost ties in energy sector

Ukrainian parliamentary and state officials held separate meetings with Iran’s Ambassador in Kiev Mohammad Beheshti Monfared, expressing the eastern European country’s resolve for enhanced cooperation with Tehran in various fields, including energy. Vice Minister of Agrarian Policy and Food of Ukraine Viktor Sheremeta held talks with Beheshti Monfared in Kiev and called for closer ties…

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Georgia: Tbilisi City Hall launches replacement of “Khrushchovka” block of flats

Tbilisi City Hall is launching a project of a gradual replacement of Soviet time residential flats, the so-called “khrushchovkas” in Tbilisi. Khrushchovka flats were built in the Soviet Union, in the early 1960s during the time of the leadership of their namesake Nikita Khrushchev. There are about 700 khrushchovka buildings in Tbilisi whose lifespan expired…

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Tajikistan: ADB main international donor

About 82% of financing approved by international development banks in the first quarter of this year for Tajikistan falls on the Asian Development Bank (ADB). “In Tajikistan the bulk of investments are accounted for the ADB’s $90 million loan in the transport sector,” according to the international development banks’ investment review for the first quarter…

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Estonia: April 2018 retail trade turnover up

According to information released by Statistics Estonia on May 30, this April the turnover of retail trade enterprises increased by 1% YoY at constant prices, totaling EUR 560.4 million. The turnover of stores selling manufactured goods increased by 7%. Turnover increased in most economic activities, except in stores selling second-hand goods and in non-store retail…

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Ukraine: trade with Germany up in 2017

In 2017 a bilateral trade between Ukraine and Germany increased by almost 23% YoY, Ukrainian President Petro Poroshenko said after a meeting with German President Frank-Walter Steinmeier, the press service of the head of the Ukrainian state informed. The head of the Ukrainian state stressed: “I can say that we’ve worked well in the economy.…

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