Uzbekistan’s foreign trade turnover plummeted to $4.5 million in January-February, or by 23.8% YoY. The exports amounted to almost $1.5 million, down by 43.2%. Imports comprised $3.02 million. Uzbekistan’s largest trading partners were China ($908.5 million), Russia ($843.9 million), Kazakhstan ($585.6 million) and Turkey ($404 million). Trade turnover with the Eurasian Economic Union (EEU) soared…Details
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Political consultations between the Ministries of Foreign Affairs of Ukraine and Egypt, co-chaired by Deputy Minister of Foreign Affairs of Ukraine Dmytro Senik and Assistant Foreign Minister of Egypt for European Affairs Ambassador Badr Abdel Atty, were held in Cairo on April 5. “The parties discussed a wide range of issues of Ukrainian-Egyptian cooperation in…Details
The National Bank of Ukraine (NBU) sold $50 million on the interbank foreign exchange market last week, according to data provided by the central bank. According to the results of foreign exchange interventions, the National Bank sold $50 million on the interbank foreign exchange market between March 29 and April 2. The regulator didn’t conduct…Details
Belarus and Tajikistan should intensify efforts to implement mutually beneficial projects in agriculture and manufacturing, Agriculture and Food Minister Ivan Krupko said at the 14th session of the Belarus-Tajikistan intergovernmental commission for trade and economic cooperation in Dushanbe. “At the moment, our task is to maintain momentum in bilateral trade, increase the share of science-intensive…Details
The Estonian arm of Nasdaq’s Baltic services saw its record for the number of transactions crushed over the last year, leading to an influx of small investors and Estonian companies taking themselves to the public market. In 2020, the number of transactions on Nasdaq Tallinn’s exchange grew more than 5-fold YoY. The number of accounts…Details
Kazakhstan will allocate 10,000 tons of wheat flour as humanitarian aid to ensure food security, Prime Minister of Kyrgyzstan Ulukbek Maripov has announced. According to him, deliveries are expected within the framework of agreements reached following a working trip to the neighboring country. “In particular, an agreement was reached on supply 10,000 tons of flour…Details
Uzbekistan’s largest and one of the oldest state-owned banks, Uzpromstroybank (UzPSB) is set to go private until 2023. According to a government resolution adopted on March 29, the International Finance Corporation (IFC) is to open a $75-million credit line for this purpose. All or part of the loan is to be converted into additional ordinary…Details