Deputy Foreign Minister of Ukraine Dmytro Senik has invited Indian business to invest in the Ukrainian economy. Senik said this during the interagency interactive session of the 26th Partnership Summit, organized by the Ministry of Commerce and Industry of India and the Confederation of Indian Industry (CII). The key topics of the summit were the…
DetailsAstarta has finished the 2020 agricultural production season by harvesting sugar beets (almost 1.5 million tons). Considering the negative weather impact on plants throughout the entire year, namely the prolonged drought in the eastern and central regions of Ukraine and spring frosts in the West, yields are predictably lower than last year. Thus, the average…
DetailsEstonia’s economic growth in 2020 will be negative but the outlook is better than initially feared during the emergency situation in the spring, Governor of the Bank of Estonia Madis Muller said on December 16. Muller said: “In Estonia, our lives and economy were less affected by the virus and restrictions than European countries on…
DetailsTwelve new animal vaccines have been developed by the research and production enterprise Antigen, an EBRD advisory client in Kazakhstan. Thanks to a project funded by the Kazakhstan government, the vaccines will be sold abroad. With the help of international advisers, the company was able to conform to the requirements of globally recognised Good Manufacturing…
DetailsTurkmenistan and the US discussed the main vectors of cooperation, in particular, security issues, trade and economic ties and the humanitarian spectrum, the Ministry of Foreign Affairs reported. The parties focused on security issues, as well as reviewed the results of cooperation and outlined its priority areas. Cooperation in the field of border protection and…
DetailsImports of goods to Ukraine in January-November amounted to $48.4 billion, down by 10.8% YoY, or by $5.9 billion, while exports of Ukrainian goods decreased by 3.5%, or by $1.6 billion, to $44.3 billion. According to the State Customs Service, trade turnover reached $92.7 billion, with the balance being negative of $4 billion between exports…
DetailsUkraine’s state-owned banks wrote off UAH 111 billion worth of bad debts in January-November, which allowed them to reduce the share of NPLs in their portfolios below 60% for the first time in a long while, Governor of the National Bank of Ukraine (NBU) Kyrylo Shevchenko wrote on his Facebook page. “In 2020, we began…
Details“The Economy of simple things program proved successful as an investment tool for the development of domestic production. As assigned by the Head of State, the total funding of the program was increased up to KZT 1 trillion,” the Kazakh PM Askar Mamin said. Despite the current situation caused by the pandemic the number of…
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