Azerbaijan: banking community positively assesses consolidation of banks

Azerbaijan Banks Association (ABA) positively assesses the consolidation in the country’s banking sector, ABA head Zakir Nuriyev said. “Such discussions have always been held in the banking sector, but they have intensified lately,” he said, adding that ABA supported such negotiations. Nuriyev noted the necessity to encourage such negotiations so that they were held at…

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Ukraine: AR-15 assault rifle variant constructed

Ukraine’s state-owned Ukroboronprom has recently showcased its locally built variant of the AR-15 assault rifle – M4-WAC-47. The Ukrainian Ministry of Defense (MoD) intends to induct the M4-WAC-47 as part of its technical and operational alignment with NATO. The M4-WAC-47 was developed in collaboration with U.S.-based Aeroscraft. Besides 5.56×45 mm NATO rounds, the M4-WAC-47 can…

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Belarus to supply electrobuses to Moscow

Belarus has a serious chance of becoming a supplier of electric buses to Moscow, Minister of the Moscow City Government, Head of the Moscow City Foreign Economic and International Relations Department Sergei Cheremin said. “Belarusian companies have supplied transport to Moscow before. We use Belarusian trolleybuses. Belarusian producers have a serious chance of participating in…

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