Azerbaijan: IBA’s foreign debt restructuring plan to be approved until mid-July 2017

The situation with approval of voluntary restructuring plan of foreign obligations of the International Bank of Azerbaijan (IBA) by foreign creditors will be clarified by mid-July, Azerbaijan’s Finance Minister Samir Sharifov declared on June 13. “We have already informed the public about the negotiation process,” said the minister. Earlier, the IBA commenced a process of…

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Ukraine: priority action plan for industry development includes six basic industries

The Ukrainian Institute for the Future at the request of the Ministry of Economic Development and Trade of Ukraine has prepared proposals for the priority action plan for industrial development in Ukraine based on the analysis of the state of the six key industries (mining, metallurgical, chemical and petrochemical, food industry, electric power engineering, machine…

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Ukraine: Karpatnaftokhim resuming operations after 5-year idle time

Ukraine’s petrochemical plant Karpatnaftokhim has resumed operations after five years of downtime, according to the company’s press service. In late April, the Cabinet of Ministers adopted a resolution that determined the plant’s annual quotas for raw materials exports exempt from excise duty, that is 1.07 billion liters of liquefied gas, 1.17 billion liters of straight-run…

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