Belarus to export electricity to EAEU

Belarus hopes to supply electricity to the common electricity market of the Eurasian Economic Union (EAEU), Belarus’ Energy Minister Vladimir Potupchik declared. “We hope to export electricity to the common electricity market of the Eurasian Economic Union after the common gas market is established and equal rights for all the countries are created. Our electricity…

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Turkmenistan: fish industry developing

The administrative center of Turkmenbashi (Turkmenistan) operates a complex for breeding sturgeons, producing black caviar and fish products. The enterprise belongs to the open joint-stock company “Khazar balyk”. The annual capacity of the facility is 100 tons of commercial fish of sturgeon species, 2 tons of sturgeon caviar, 170 tons of smoked, dried and other…

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Ukraine: GDP up in Q3 2017

The real gross domestic product of Ukraine grew by 2.1% YoY in the third quarter of 2017, according to the report published on the website of Ukraine’ State Statistics Service. Earlier, on November 14, the statistics agency released preliminary estimates claiming that GDP growth in Ukraine in the third quarter also amounted to 2.1% in…

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Lithuania: transport link between Klaipeda and Minsk discussed

During the meeting with Belarusian Minister of Transport and Communications Anatoly Sivak and Lithuanian Minister of Transport and Communications Rokas Masiulis discussed the successfully operating chain of Belarusian cargo transportation using the services provided by the Lithuanian Railways and Klaipeda State Seaport, as well as the outlook of bilateral cooperation in developing the necessary transport…

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Ukraine: share of non-performing loans in banking sector the highest in history

Director of the Financial Stability Department at the National Bank of Ukraine (NBU) Vitaliy Vavryshchuk says the share of non-performing loans in Ukraine’s banking system is a record high in the entire history of international observations. “We have established a somewhat unpleasant and very costly record for the country’s economy and banking sector: the highest…

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Azerbaijan: Tatra trucks to be produced

Azerbaijan will launch the production of Tatra trucks from 2018, the Azerbaijani embassy in the Czech Republic said. A memorandum was signed between Ganja Automobile Plant production association and Tatra company at the embassy of the Czech Republic in Azerbaijan. The document was signed by head of Ganja Automobile Plant Khanlar Fatiyev and chairman of…

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Uzbekistan developing rail transport

The plans for the development of rail transport in Uzbekistan include the transportation of foreign trade goods via the Baku-Tbilisi-Akhalkalaki-Kars railway with an opportunity to reach the ports as part of the pilot program. It is planned to participate in the creation of the Azerbaijan-Georgia-Turkey-EU countries transit corridor by determining the volumes of transportation of…

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Ukraine: Blue Air to launch Lviv-Brno flight

Romania’s Blue Air seeks to launch a flight between Lviv and Brno (the Czech Republic). Head of Lviv international airport Tetiana Romanovska gave the information at a press conference of Ukrainian Infrastructure Minister Volodymyr Omelyan to present financial results in Kyiv. She recalled that in November Wizz Air announced the launch of some flights from…

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