Ukraine: trade with Germany up in 2017

Mutual trade between Ukraine and Germany in 2017 grew by 21.5% YoY, the press service of the Cabinet of Ministers of Ukraine has reported after a meeting of Ukrainian Prime Minister Volodymyr Groysman with representatives of leading German companies operating in Ukraine. “Last year the volume of mutual trade grew by 21.5%, and trade focus…

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Estonia: tests of electronic traffic signs with changing information successful

The Road Administration will install electronic traffic signs with changing information permanently in the second half of this year, as the one-month testing period of the signs has been successful. The initial tests of electronic traffic signs were successful, Siim Vaikmaa, head of the Road Administration’s traffic management center, declared. Vaikmaa added that the development…

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Tajikistan: GDP grows in 2017

The growth of the GDP in Tajikistan in 2017 amounted to 7.1% compared to 2016, the Tajik Statistics Agency reported. Tajikistan’s GDP amounted to about 61.1 billion somoni ($6.9 billion) in 2017. Agriculture, hunting, forestry, fishing and fish farming dominate in the GDP structure, making up 21.1% of the total GDP volume. The share of…

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Turkmenistan: prospects for trade and economic co-operation mulled with Palestine

Turkmenistan’s Foreign Ministry has hosted a meeting with Mazen Shamiah, a Palestinian Authority Foreign Ministry official for Asia and Africa, the Turkmen Foreign Ministry said in a message. During the talks, the sides noted the need to further expand cooperation in trade and economy, as well as interest in developing relations between the business structures…

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Ukraine: replacement of profit tax with tax on withdrawn capital priority in 2018

Ukrainian President Petro Poroshenko has said that a priority of work in 2018 will be privatization and the replacement of the profit tax with the tax on withdrawn capital. “In 2018 our priorities in reforms are no less ambitious – privatization, deregulation, improving investment climate, national bureau on financial security, tax on withdrawn capital, liberal…

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Ukraine second in butter supply to the EU

Following the results of 2017 Ukraine ranked second in terms of butter supplies to the European Union, Deputy Minister of Economic Development and Trade – Ukraine’s Trade Representative Natalia Mykolska informed on her Facebook page. “Ukraine once again confirmed the existing status quo as a reliable and important player in the European Union’s agrarian market.…

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Estonia: number of Eesti Energia’s green energy contracts triples in 2017

The number of green energy contracts concluded by customers with the state-owned Estonian energy group Eesti Energia tripled during 2017, hitting 10,045 by year-end. Households with a green energy contract consume energy generated 100% from renewable sources, Eesti Energia says. “By buying green energy, our clients are influencing the development of electricity production, with a…

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