Customs Service has launched an online trade facilitation tool (ITC-WCO Rules of Origin Facilitator), which allows for the identification of information related to trade agreements, customs duties applicable according to the final destination, rules of origin specific to each product, as well as information on certificates of origin. The online search system was launched by…Details
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The ruling coalition in Latvia has decided to discontinue issuing residence permits in exchange for purchase of real estate property and other investments, said Latvian PM Krisjanis Karins after a meeting of coalition parties on March 28. Karins stressed that the coalition had decided to discontinue this “golden visa” program, which allowed people to acquire…Details
In addition to expenses tied to refugee accommodation and civil protection, Estonia’s supplementary state budget aims to bolster energy security. Plans are in place to develop capacity to handle large quantities of liquefied natural gas (LNG), with investments to connect small renewable energy producers to the grid also on the table. The coalition is still…Details
Ternopil region began sugar beet sowing campaign. This was announced by the head of the crop department of the regional department of agri-industrial development Nadiya Voskresenska. According to her, the weather conditions this year are favorable for spring sowing operations. (Ukrsugar/Business World Magazine)Details
The total amount of one-time losses suffered by Ukraine since the start of the Russian invasion already stands at $564.9 billion. This was announced by First Deputy Prime Minister of Ukraine, Minister of Economy Yulia Svyrydenko on her Facebook page. Currently, the structure of the damage is as follows: – $119 billion – loss of…Details
Construction companies in Georgia will be offered a state package for long-term financing plans to boost the sector, Georgian Prime Minister Irakli Garibashvili announced on March 28. Announcing the initiative that would offer the developer companies new financing plans within the upcoming week, the PM said it was aimed at boosting economic growth. Additionally, a…Details
Last year the average hourly labour costs in Latvia were EUR 11.1, significantly below the average levels in the EU and Eurozone, according to data published by Eurostat on March 28. According to this data, labour costs in the economy, except fir agriculture and state administration, were below Latvia’s in Bulgaria (EUR 7 per hour),…Details