Ukraine: passenger water transportation up in January-October 2017

In January-Octoberwater transport of Ukraine carried 0.5 million passengers, up by 30.2% YoY.

According to State Statistics Committee of Ukraine, total passenger turnover in Ukraine climbed by 0.4%, to 3.851.6 million passengers. (PortNews/Business World Magazine)

Belarus: economy on path of recovery

The recent GDP growth figures point to Belarus’ gradual economic recovery, Director of Alpari Eurasia Alexander Sabodin said during the online conference on November 22. “The transition from the two-year recession to the GDP growth is a sign that the hardest times are behind us,” he said. The expert stated, however, that the country’s economic…


Latvia: deputies invited to repair roads

Latvijas celu buvetajs, which is an association with ties to multiple road and bridge construction companies, invites deputies to support the proposal for the restoration of the State Road Fund, the association’s chairman Andris Berzins reported. “We have asked coalition deputies to admit multiple times that the gradual collapse of roads, especially regional and local…


Tajikistan: ADB OKs over $50 million financing

The Asian Development Bank (ADB) has disbursed $50.85 million of budget support assistance for the second phase of a program to expand economic opportunities, develop the private sector, and attract investments to Tajikistan. The Bank reported that the program was designed and implemented in collaboration with other development partners. “Creating good jobs through increased private…


Turkmenistan: Coca-Cola on verge of leaving

Turkmenistan Coca-Cola Bottlers Ltd., engaged in the production and distribution of soft drinks, is on the verge of closure and has already stopped production. The company has faced difficulties with currency conversion, problems with the import of ingredients needed for the production of beverages and pressure from local business companies. Only remains of beverages produced…


Uzbekistan: GDP growth rate disclosed

According to the preliminary estimates, Uzbekistan’s GDP totaled 170,74.8 trillion soums and the real growth rate was 105.3% in January-September compared to the same period of 2016, the State Statistics Committee said in a message. According to the message, the growth rate in the main sectors of the economy, such as agriculture, forestry and fishery…


Turkmenistan: Afghanistan highlights importance of infrastructure projects

Turkmen President Gurbanguly Berdimuhamedov has met with Chief Adviser on Infrastructure and Technology to the Afghan president Mohammad Humayon Qayoumi, the Turkmen government said in message on November 17. According to the message, Qayoumi stressed the great importance of the large-scale projects, which were being implemented, for the regional countries. Among those projects is the…