Belarus: GDP up in H1 2017

According to initial estimates, Belarus’ gross domestic product totaled Br47.3 billion in January-June or 101% as against January-June 2016 in comparable prices, the National Statistics Committee of Belarus declared.

In January-June the deflator index of Belarus GDP totaled 107% as against the same period of last year. (BelTA/Business World Magazine)

Azerbaijan: Saudi Arabia keen to establish broad trade and economic cooperation

A large delegation from Saudi Arabia, which will include representatives of both, state structures and the private sector, plans to visit Azerbaijan in October. Azerbaijan and Saudi Arabia enjoy successful cooperation in a number of areas and have fruitful bilateral cooperation within international organizations. During the upcoming meeting of the intergovernmental commission on trade and…


Ukraine: vehicles output up in H1 2017

Production of motor vehicles in Ukraine rose by 72.8% YoY in January-June, to 3,621 units, according to the Ukrautoprom Association. In particular, production of passenger cars grew by 88.3%, to 3,078 units, while the output of commercial vehicles shrank by 49.3% YoY, to 206 units. At the same time, the number of buses produced over…


Uzbekistan: banks entitled to carry out transactions on foreign exchange market at market exchange rate

The transactions on purchase and sale of foreign currency between the authorized banks and their clients were carried out at the average exchange rate fixed in interbank trading sessions held in Uzbekistan during the previous week. By its resolution the Uzbek government abolished this procedure. According to the decision of the country’s Cabinet of Ministers,…


Ukraine: Boryspil Airport resumes talks with Ryanair in new format

Boryspil International Airport is resuming negotiations with the Irish low-cost airline Ryanair in a new format, the airport’s director general, Pavlo Riabikin, has reported on Facebook. “I have met with representatives of the country’s leading television media. Such interaction with journalists helped deeply consider urgent issues without unnecessary emotions. I’m confident that we managed to…