The Cabinet of Ministers, Ukraine’s government, plans to introduce a funded pension system in Ukraine from 2021 and stimulate the development of a private pension system. The Cabinet also intends to adapt to the EU laws Ukrainian legislation on private pension funds to enhance protection of property rights and interests of pensioners, according to the…Details
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Director of Expert Assessments Institute Viacheslav Butko has said the official forex rate of the hryvnia, Ukraine’s national currency, will remain stable in summer thanks to financial assistance from the International Monetary Fund (IMF) and the European Union. “Since we have received an IMF loan and we have received financial assistance from the EU, we…Details
The first meeting of the public council on the development of ecotourism of the Ile-Alatau National Park was held in Almaty. The public council consists of 19 members including representatives of tourism organizations, scientists, athletes, businessmen, eco-activists and public figures. The meeting was opened by Yerlan Nysanbayev, Deputy Minister for Ecology, Geology and Natural Resources.…Details
In January-May, the Freeport of Riga handled 10,047,300 tons of cargo, down by 25.8% YoY. According to the port’s statistics, handing of grain increased by 18.3%, to 804,500 tons, coal handling fell by 64.4%, to 4.36 million tons, chemical cargo – by 18.1%, to 587,100 tons, ore – by 16.9%, to 283,100 tons, and oil…Details
Hazelnut harvest will exceed 50,000 tons in Georgia, the Hazelnut Growers Association has reported. More than 90% of the harvest will be exported, and the key markets will be Italy and Germany. The association noted rapid development of the sector over the past few years. If the climatic conditions and amount of pests remain stable,…Details
Gas Transmission System Operator (TSO) of Ukraine LLC and PJSC Ukrenergo National Power Company have launched the cooperation on consolidating the development of the gas transmission and energy systems of Ukraine, according to the Corporate Communications Department of Gas TSO of Ukraine. “Gas TSO of Ukraine and Ukrenergo held a joint strategic session on planning…Details
The international reserves of Ukraine until the end of 2020 may exceed the level of $27.2 billion in the April forecast of the National Bank of Ukraine (NBU), the press service of the regulator has reported. “The relatively favorable situation in the world commodity markets, a significant decline in imports and the signing of a…Details