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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