Belarus: more preferences promised to China-Belarus industrial park resident companies

Belarus intends to offer even more preferences to resident companies of the China-Belarus industrial park Great Stone. Belarusian Economy Minister Vladimir Zinovsky made the statement before the session of the Belarusian-Chinese intergovernmental committee on cooperation on August 18. “We are preparing a draft presidential decree that will introduce serious changes into the document that regulates…


Ukraine: Infrastructure ministry to revise all regulatory acts to simplify business development

Ukraine’s Infrastructure Ministry has started the revision of all regulatory acts to see if they comply with the public regulatory policy. The ministry’s press service reported that Deputy Infrastructure Minister Dmytro Romensky gave information on August 19, 2016 at a first meeting of the working group. “According to the order of the first deputy prime…


Belarus: Brest Household Chemicals Plant files for bankruptcy

The Economic Court of Brest Region has started bankruptcy proceedings regarding Brest Household Chemicals Plant, the Finance Ministry of Belarus said in a release.

The country’s largest manufacturer of household detergents, perfumery and cosmetics, Brest Household Chemicals Plant earned a net loss of Br406.9 million ($209.958 million) in Q1 2016. (Prime-TASS/Business World Magazine)

Belarus: oil products export to Latvia up in H1 2016

Belarus’ proceeds from exports of petroleum products to Latvia grew by 55% YoY in January-June to $57 million, a source in the profile ministry reported.

Belarus exported 154,235 tons of petroleum products in January-June to Latvia, up by 85% YoY. (Prime-TASS/Business World Magazine)

Turkmenistan building railway to Afghanistan

The Turkmenistan-Afghanistan-Tajikistan (TAT) railway, which is under construction, is intended to stimulate trade ties between the countries of the region, the Turkmen government said in a message. The first phase of the project envisages construction of two railway sections: a 85-kilometer Atamyrat-Imamnazar line in Turkmenistan and a 38-kilometer line from Imamnazar to the Andkhoy village…


Uzbekistan: presentation of tourist potential took place in Beijing

On August 15, Beijing (China) hosted a presentation of the tourist potential of Uzbekistan. The event organized by “Uzbektourism” jointly with the Association of private tourism organizations of Uzbekistan, Embassy of Uzbekistan in China with the support of the State administration of tourism of China and China Association for the promotion of friendship, was attended…