The value of trade turnover between Kazakhstan and Russia amounted to $5.2 billion over the first four months of 2020 compared to $5.7 billion during the same period of 2019, the Statistics Committee reported. The share of Russia in total value of Kazakhstan’s trade turnover was 18.7% during the reporting period of 2020 compared to…Details
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Ukraine seeks to increase trade turnover with ASEAN countries to $5 billion, Foreign Minister of Ukraine Dmytro Kuleba stated at a meeting with Ambassador of Vietnam Nguyen Anh Tuan, Ambassador of the Republic of Indonesia Yuddy Chrisnandi and Ambassador of Malaysia Dato Raja Reza Raja Zaib Shah on the eve of 53rd anniversary of the…Details
Ukraine in January-June reduced electricity exports by 12.3% (by 374.6 million kWh) YoY, to 2.676 billion kWh, according to data from Ukrenergo. The supply of electricity from the energy island of Burshtyn TPP to Hungary, Slovakia and Romania decreased by 12.9% (by 263.2 million kWh), to 1.772 billion kWh. Electricity supplies to Poland increased by…Details
The government of Georgia will subsidize the 2020 grape harvest, especially grape varieties of Rkatsiteli and Kakhuri Mtsvane in order to support farmers completely sell their produce, Prime Minister Giorgi Gakharia has announced. Gakharia said that the price of Rkatsiteli and Kakhuri Mtsvane would not be less than 80 tetri. He added that in case…Details
Hungarian budget airline Wizz Air has been barred from flying between Tallinn and the Ukrainian capital, Kyiv, till at least the end of July, due to that country’s coronavirus incidence rate. Wizz had been operating flights between the two capitals last week, but the Ministry of Economic Affairs and Communications had issued a precept to…Details
According to Aliya Moldabekova, deputy chair of the National Bank of Kazakhstan, the country’s national reserves have jumped to $32.9 billion. Moldabekova said there had been a 13.5% or a $3.9-billion rise in international reserves of the country. As of June, international reserves have amounted to $32.9 billion, increasing by $1.3 billion last month. According…Details
The Cabinet of Ministers has channeled almost UAH 1.7 billion in subventions from the state budget into the socio-economic development of the regions. “The government endorsed a decision to allocate almost UAH 1.7 billion within the program of socio-economic development of the regions. These funds will be allocated to meet the needs of the people,…Details