The President of Uzbekistan Shavkat Mirziyoev had marked the main task of 2017 during his speech at the Cabinet of Ministers’ expanded session. “We have to ensure the export of products in the amount of $10.8 billion”, said the head of state and defined the tasks needed to be solved. The first task – within…
DetailsAmendments to the Tax Code of Kyrgyzstan, aimed at developing production of perfumes and cosmetic products, were submitted to Parliament for consideration. The deputies note that a lot of herbs and plants, which are used in perfumery and are of very good quality as they are growing in the mountains, clean area, grow in the…
DetailsCentral Asia’s biggest industrial complex with an annual capacity of 1.4 million tons of potash fertilizer is being built in an area exceeding one hundred hectares in Turkmenistan’s Lebap Province. The ore-dressing and processing enterprise will be put into operation in late March. Currently, preparation is being carried out in the industrial area to launch…
DetailsGDP growth rate in Turkmenistan was maintained at 6.2% in 2016, the country’s Ministry of Economy and Development said. The growth rate has increased by 1.2% in the industrial sector, by 4.4% in construction, by 10.5% in transportation and communication sector, by 14.3% in trade, by 11.6% in agriculture and by 10% in the sphere…
DetailsNational joint-stock company Naftogaz Ukrainy on January 11, signed a contract valued at $6.31 million with Covington & Burling LLP (New York, the United States). The company will represent the interest of the Ukrainian company in arbitration against Russia under a claim to refund losses over the annexation of Crimea by Russia. Naftogaz said in…
DetailsKazakhstan’s trade turnover with the Eurasian Economic Union (EAEU) amounted to $11.95 billion in January-November 2016, down by 21.1% YoY, Kazakh Statistics Committee said. Kazakhstan’s exports to fellow EAEU countries decreased by 26.8% to $3.48 billion in this period, while imports were down by 18.5% hitting $8.47 billion, said the committee. A lion’s share –…
DetailsGrain harvest in Ukraine 2016 has broken a record being 66 million tons (in standard weight), up by 5.9 million tons YoY. Ukraine’s Agricultural Policy and Food Ministry reported that in 2016 grain yield records were hit: wheat – 42.1 hundredweights per ha, rye – 27.3 hundredweights per ha, corn – 66 hundredweights per ha…
DetailsPC Bank (People’s Capital Bank, Kyiv) with largest shareholders as of early December 2016 Russian citizen Valery Makarenko (14.24%), Svitlana Ostapenko (9.84%), Ruslan Parkhomenko (9.68%), Oleksiy Yaroshenko (9.07%), Oleksandr Voroniak (8.6%) and Oleh Lutsky (8.07%) could be liquidated under an initiative of its owners. The issue was put on the agenda of an extraordinary general…
DetailsProduction of all groats in Ukraine increased by 0.4% YoY to 298.8 KMT in the eleven months of 2016. The most considerable hikes in groats output were registered in Kirovohrad region – by 48% to 7.1 KMT, Kherson region – by 34% to 18.1 KMT, Odessa region – by 27% to 34.9 KMT, Khmelnytsky region…
DetailsIn January-December 2016 Ukrainian seaport of Illichivsk handled 15,942,000 tons of cargo (down by 7.9% YoY), says the port authority. Private port operators handled 9.363 million tons of cargo (58.7% of total turnover) including 6.127 million tons of cargo handled at the terminals of Ukrainian Sea Ports Authority (38.4% of total volume). Transshipment of export…
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