Public joint-stock company Ukrtransnafta has made arrangements with public joint-stock company Ukrtatnafta (Kremenchuk oil refinery) on the transshipment of Urals crude oil pumped from the Odessa-Kremenchuk oil pipeline to railway tankers to transport it and pump it to the second line of the Druzhba oil pipeline, First Deputy Director General of Ukrtransnafta Andriy Pasichnyk has…
DetailsEstonia’s sweeping administrative reform continues, as local governments were asked to agree on mergers so that no less than 5 thousand would live per municipality. The aim of the reform is to cut the number of local governments from 231 to 75. 160 out 213 local councils have merger agreements lined up as the first…
DetailsAmbassador Extraordinary and Plenipotentiary of Belarus to Pakistan Andrei Yermolovich met with Tariq Fatemi, Minister of State for Foreign Affairs, Special Assistant to the Prime Minister of Pakistan, to discuss a wide range of matters of bilateral cooperation and review the status of implementation of the agreements signed during top-level visits, the press service of…
DetailsThe international financial reporting standards (IFRS) and international accounting standards (IAS) are now in effect in Belarus. The step is stipulated by the joint resolution issued by the Council of Ministers of Belarus and the National Bank of the Republic of Belarus on December 30, 2016. In line with resolution No. 1119/35 a number of…
DetailsBringing order at the customs provided the receipt of an additional 18 billion UAH to the national budget of Ukraine in 2016, including a record high overfulfillment in December 2016 for 4 billion UAH, Prime Minister Volodymyr Groysman has said. “Solution of one of the problems last year was bringing order at the customs. Our…
DetailsWheat exports from Kazakhstan continued growing in November 2016. Kazakh wheat exports totaled 415.3 KMT in the third month of the season, up by 25% YoY. In Q1 2016/2017 (September-November) Kazakhstan exported 33.5% more wheat than at the same time last season: 1223.2 KMT and 915.9 KMT respectively. The most active exports of Kazakh wheat…
DetailsThe Belarusian mechanical engineering company Amkodor will raise its output by 65-70% in 2016 over 2015, the press service of the enterprise quoted Amkodor’s Deputy Director General for Economy and Finance Yelena Maximova as saying. “We have shown very good results in 2016. As against 2015, the industrial output went up by 65-70%. We ensure…
DetailsThe Uzbek government set new tax rates for property owned by individuals on January1, 2017 under the Presidential Decree ‘On forecasts for major macroeconomic indicators and parameters for state budget of the Republic of Uzbekistan for 2017′. The property tax (residential houses, flats, countryside houses, garages, and other premises) rose from 1.5% to 1.7%, except…
DetailsThe order “On approval of the wage scale assessment of motor vehicles, applied during the initial registration and re-registration of motor vehicles for 2017”, has come into effect, the State Registration Service reports. The registration fee will increase by 5%. State Registration Service noted that the price of registration of vehicles would only grow. This…
DetailsSince January 1, the basic rate of excise duty on tobacco products increases. Kyrgyz President signed the law on March 10, 2015. According to the document, the basic rates of excise duty in Kyrgyzstan will be gradually equalized with the rates in other countries of the Eurasian Economic Union. The law also aims at reducing…
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