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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