First Deputy Minister for Strategic Industries of Ukraine Valeriy Ivashchenko and Deputy Defense Minister of Brazil Marcos Rosas Degaut Pontes have signed a memorandum of understanding. Vice Prime Minister of Ukraine – Minister for Strategic Industries Oleh Urusky noted that he considered cooperation between Ukraine and Brazil as complementary, because both countries had something to…Details
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The Ukrainian government is working to open 33 new markets for a range of Ukrainian products. That’s according to a statement by the State Food and Consumer Service. “In the near future, the opening of the following markets is expected: Canada – poultry meat; the People’s Republic of China – fish and fish products, feed,…Details
On December 1, the Organization for Economic Cooperation and Development (OECD) published an outlook for Latvia’s GDP decline, reducing it to 4.3%. In its June outlook OECD expected Latvia’s economic decline to be at 8.1%. Economic growth outlook for 2021 is reduced from 6.3% to 2.4%. In 2022, OECD expects Latvia’s economy to grow by…Details
The Latvian airline AirBaltic is resuming flights between Vilnius and Kyiv. The direct service between the Lithuanian and Ukrainian capitals will operate twice a week. It is also planning to resume flights from Vilnius to London, Paris and Oslo this month. Lietuvos Oro Uostai (Lithuanian Airports), the operator of Lithuania’s three international airports, said last…Details
According to Statistics Estonia, the production of industrial enterprises in October increased by 1% YoY, marking the first increase of the indicator since the coronavirus pandemic kicked off in spring. Industry is the largest sector of the economy and an important driver of economic growth. The index of industrial production covers the economic indicators of…Details
In January-October, Ukraine’s construction output grew by 1.9% YoY, according to the data provided by the State Statistics Service of Ukraine. Ukraine’s total volume of construction products reached UAH 140.9 billion. Of this amount, new construction accounted for 37.6%, repairs (major and maintenance) totaled 34.8%, reconstruction and technical re-equipment – 27.6%. In particular, residential buildings…Details
The average electricity price in Ukraine in the second quarter was higher than in European Union member states. That is according to the European Commission’s Quarterly Report on European Electricity Markets. It particular, over the period under review, the highest electricity rates in Europe were registered in the Burshtynska Energy Island – the area of…Details