The lower house of the Tajik parliament ratified the financing agreement under the project “Nurek HPP Rehabilitation, Phase 1” on December 24. The agreement was signed between the Republic of Tajikistan and the International Development Association (IDA) in June. “IDA will allocate $225 million for the implementation of this project, of which $57 million as…
DetailsPrime Minister Juri Ratas said no new taxes would be implemented next year, but added that he would like to increase the quota of workforce coming from outside the European Union. “I do not think it right to make new decisions concerning the tax policy a year before the end of this composition of the…
DetailsUzbekistan and Iran considered transit cargo transportation, as the Uzbek Foreign Trade Ministry hosted a meeting with Deputy Minister of Industry, Mines and Trade of Iran Mojtaba Khosrotaj. The sides mulled the current state and prospects of trade and economic cooperation, as well as further cooperation in the field of transport and transit cargo transportation.…
DetailsThe United States has decided to suspend a number of preferences regarding duty-free trade with Ukraine, according to a letter from U.S. President Donald Trump to the Speaker of the House of Representatives and the President of the Senate, published on the White House’s website. “Pursuant to section 502(d)(3) of the Trade Act of 1974,…
DetailsIn January-November the general fund of local budgets received UAH 173.5 billion, which is 96.7% of the annual projected figures, Vice Prime Minister – Minister of Regional Development, Construction, Housing and Utilities Service Hennadiy Zubko declared. According to him, 692 united territorial communities have been created in Ukraine. A total 3,327 local councils have united,…
DetailsThe role of Armenia as an energy corridor between Iran and Georgia will grow, tripling the potential of exporting electricity, minister of energy infrastructures and natural resources Ashot Manukyan said. According to the minister, three solar stations have been put to operation in Armenia in 2017, and a total of 128 solar photovoltaic stations have…
DetailsTallink Grupp says it uses proceeds from the sale of Superfast VII and Superfast VIII for early repayment of loans. Loan taken to finance the purchase of vessel Baltic Princess in 2008 was prepaid on December 22. Loan taken to finance the purchase of vessel Isabelle in 2013 will be prepaid this week. Total amount…
DetailsTotal trade turnover of Uzbekistan with foreign countries rose by 16.6% and amounted to more than $22 billion in ten months of 2017. The positive dynamics is also observed in trade with Central Asian countries, according to the data of the Uzbek Foreign Ministry. It was noted that great work had been done in the…
DetailsThe nationalized Ukrainian-based PrivatBank has hired a leading Ukrainian company that is Rothschild’s partner in Ukraine to find buyers of PrivatBank’s 46.5% stake in AS PrivatBank Latvia, the Ukrainian bank said in a statement. PrivatBank’s supervisory council has given the green light to hiring, the bank said. The partner will also have to prepare and…
DetailsUkrzaliznytsia seeks to send UAH 18 billion for top priority investment projects, acting Board Chairman of Ukrzaliznytsia Yevhen Kravtsov has said. “We plan to use mainly these funds in 2018 and early 2019,” he said, presenting a plan of priority investment projects in the Cabinet of Ministers of Ukraine. Kravtsov said that the funds would…
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