Ukraine: new Vilkha-M MLR system tested

Ukraine has tested the Vilkha-M (“Alder”) multiple launch rocket system, a high-precision upgrade of the Vilkha complex, which in turn is a deeply modernized version of the Soviet “Smerch”. “Another stage of factory tests of the Vilkha-M high-precision MLR system took place on July 24. During the tests, more tasks for checking and improving a…

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Azerbaijan: WB implementing self-employment program

The World Bank’s “Azerbaijan Employment Support Project” will help expand the self-employment program, according to the statement made in the Azerbaijani Ministry of Labor and Social Protection of Population during a meeting with the preliminary assessment mission on the WB’s “Azerbaijan Employment Support Project”. Attracting the unemployed to self-employment will provide them with access to…

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Turkmenistan: pharmaceuticals sector cooperation mulled with Belarus

Ashgabat hosted a meeting of Belarus Deputy Minister of Healthcare Natalia Zhukova with Minister of Healthcare and Medical Industry of Turkmenistan Nurmuhammed Amannepesov. The parties discussed the prospects for the development of cooperation in the field of healthcare, as well as in the medical and pharmaceutical industries. The most important direction is the purchase of…

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Ukraine: agricultural exports up in H1 2019

In January-June exports of Ukrainian agricultural products amounted to $10.3 billion, up by 18.6% YoY or by $1.6 billion, according to Acting Agrarian Policy and Food Minister of Ukraine Olha Trofimtseva. “The foreign trade turnover of agricultural products reached $13.1 billion, or 25.1% of Ukraine’s total foreign trade turnover,” she said. Ukraine continues to increase…

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Kyrgyzstan: informal employment reaches 60%

Informal employment makes up more than 60% of the labor market in Kyrgyzstan. The International Labor Organization provides such data. Informal employment is the so-called black labor market, not covered by government regulation. It involves non-recognition of the rights of workers, their vulnerability, poverty, and lack of development prospects. Informal employment reaches 29.6% in Kazakhstan,…

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Uzbekistan: foreign trade up in H1 2019

In January-June Uzbekistan had trade relations with more than 166 countries. In particular, the foreign trade turnover in January-June amounted to $19.7 billion and increased by $4.52 billion, or 29.8%, compared to the corresponding period of 2018, according to the State Committee of Uzbekistan on Statistics. Of this amount, exports reached $8.4 billion (+27%), and…

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Azerbaijan: FM praises economic and trade cooperation with Lithuania

Foreign Minister Elmar Mammadyarov has met with the Ambassador Extraordinary and Plenipotentiary of the Republic of Lithuania to the Republic of Azerbaijan Valdas Lastauskas upon the termination of his diplomatic tenure. During the meeting, the parties exchanged views on the current state of bilateral relations, as well as the current level of and perspectives of…

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Ukraine: retail trade up in H1 2019

Ukrainian companies increased retail trade by 17.9% YoY in the first half of 2019, according to the State Statistics Service. In January-June the retail turnover of retail trade enterprises (legal entities) amounted to UAH 363.8 billion. The leader in terms of retail trade in the first half of 2019 was the city of Kyiv (UAH…

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Ukraine: state budget receives over UAH 131 billion in revenues from single social contribution in H1 2019

Revenues from single social contribution totaling UAH 131.4 billion were transferred to the state budget in the first half of 2019, according to the data provided by the State Fiscal Service. “In January-June revenues from the single social contribution for compulsory state social insurance totaled UAH 131.4 billion, up by UAH 23.6 billion or by…

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