Estonia: Ratas discusses transport infrastructure funding with EU commissioner

Prime Minister Juri Ratas and European Commissioner for Mobility and Transport Violeta Bulc met to discuss how the funding of transport infrastructure might continue in the EU beginning in 2021. “Connecting Europe Facility (CEF) has so far been very successful. Without cross-border infrastructure Europe cannot talk about an internal market and fundamental freedoms. Due to…

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Ukraine: further economic success depending on machine-building industry

Ukrainian government considers machine-building one of the most important integrated industries on which Ukraine’s further economic success depends, Prime Minister Volodymyr Groysman said in his greeting address on the occasion of Machine Engineers Day, the government press service reports. “Ukraine’s considerably experienced machine engineers develop and design complex systems and devices: home appliances and radio…

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Ukraine: shadow economy down in Q1 2017

Shadow economy in Ukraine fell by 6% YoY in the first quarter of 2017, to 37% of GDP, according to the analytical report published on the Ukrainian Economic Development and Trade Ministry’s website. The ministry noted that the de-shadowing stemmed directly from ensuring macroeconomic stabilization and economic growth, wage growth against the backdrop of reducing…

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Uzbekistan to develop beekeeping

Honey, a healthy foodstuff, which improves human nutrition and boosts immunity, has long tradition as a food source in Uzbekistan. Currently, beekeeping continues to develop dynamically in the country. Special attention paid to the development of beekeeping and saturation of the domestic market with affordable and high-quality products had a positive impact on the expansion…

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Kyrgyzstan: purchase of electricity from small hydropower plants unprofitable to state

Small hydropower plants are not built in Kyrgyzstan because it is unprofitable for the state to purchase electricity from them, Prime Minister of Kyrgyzstan Sapar Isakov said on September 21 at a meeting of the Council for Business Development and Investment. Chairman of the Investment Council Taalaibek Koichumanov said that the recommendation of the council…

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Latvia: transit and logistics industries to communicate more actively

Mutual communication and information exchange among businesses working in the industry is the pre-condition for improvement of Latvia’s transit industry, said Transport Ministry’s state secretary Kaspars Ozolins at a meeting of the Logistics Council. The Logistics Council discussed the situation in the transit and logistics industry, as well as predictions and proposals for improving competitiveness.…

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Kazakhstan: export of industrial products up in H1 2017

During the recent party hearings on the implementation of the State Program for Industrial and Innovative Development, the Investment and Development Minister of Kazakhstan Zhenis Kasymbek summarized the activities of the State program of industrial-innovative development. “To date, Kazakhstan not only provides the country with domestic products, but also enters foreign markets. The volume of…

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Estonia: Ratas and Sefcovic meet to discuss energy issues

Prime Minister Juri Ratas (Center) met with Vice-President of the European Commission Maros Sefcovic to discuss energy infrastructure projects, the Clean Energy package and other energy sector-related matters. Ratas and Sefcovic opened the meeting by discussing the synchronization of Baltic power systems with Poland and Europe. “The synchronization of Baltic power systems needs to meet…

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