Azexport.az portal and “Single Window” Export Support Center, operating under the Center for Analysis of Economic Reforms and Communication, have been increasing the country’s export potential by facilitating trade procedures through new mechanisms. Azerbaijani producers received export orders worth $346.6 million in January-July through the Azexport.az portal. Export orders increased by 10% compared to the…Details
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Senior analyst with Forex Club Andriy Shevchyshyn says the forex rate of the hryvnia, Ukraine’s national currency, may strengthen to UAH 25 per U.S. dollar in the first week of September. The reference value of the hryvnia exchange rate was UAH 25.23 to the dollar as of September 1. “It is likely that the hryvnia…Details
On August 27 the commission for granting rights to the operation of air routes under the State Aviation Administration of Ukraine allowed the Ukrainian airline SkyUp to perform flights to the capitals of Sri Lanka and Israel. As the press service of the State Aviation Administration of Ukraine reports, SkyUp airline was granted the right…Details
It is being proposed in Azerbaijan not to consider wine as an alcoholic drink, and to widely advertise it. Such a proposal was made by director of the AzGranata plant Vugar Mikayilov. Mikayilov made the proposal during the round table meeting titled “Prospects of wine industry development in Azerbaijan and development of export potential”, which…Details
The Georgian GDP increased by 6.1% in July, show the latest data from the National Statistics Office of Georgia (Geostat). Geostat reported that GDP grew by 5.1% overall in January-July. In July the estimated real growth compared to the same period of the previous year was posted in the following activities: construction, manufacturing, trade, real…Details
For Latvian train company AS Pasazieru vilciens to buy 32 new electric trains, a contract with the Czech manufacturer Skoda vagonka has entered into force when the latter submitted a collateral security for the implementation of the contract, said a representative of the Latvian firm. Agnese Licite from Pasazieru vilciens said that now Skoda vagonka…Details
The main task of the new government is further economic growth, as announced by the new Prime Minister, Oleksiy Honcharuk during his address to the Verkhovna Rada. “The most important task for the new government is economic growth, because all the problems that I have listed are solved by economic growth. We need to grow…Details