Belarus: GDP up in January-April 2017

According to initial estimates, in January-March Belarus’ gross domestic product totaled Br30.6 billion, up by 0.5% in comparable prices as against the same period a year earlier, the National Statistics Committee of Belarus reported.

In January-April the GDP deflator index amounted to 106.9% as against the same period of last year. (BelTA/Business World Magazine)

Tajikistan: IsDB provides $20 million loan for Kulob-Kalaikhumb highway construction

A loan agreement for $20 million has been signed in Jeddah, Saudi Arabia between the government of Tajikistan, represented by Abdusalom Qurboniyon, Minister of Finance, and the Islamic Development Bank (IsDB), represented by its President Ahmad Mohammed Ali. The amount of this loan is allocated for co-financing the project in the transport sector “Construction of…


Latvia: housing prices to rise

Predicting changes for housing prices in the next two to three years, 66% of interviewed Latvian residents said prices would likely increase, according to data from DNB Bank’s survey. Every tenth respondent expects housing prices to decline. 18% of respondents are confident that prices will remain the same. The highest proportion of respondents who expect…


Tajikistan: Dushanbe to supply fruit and vegetables to Chinese markets

Issues related to economic cooperation between Tajikistan and China were discussed at a meeting of Tajik Deputy Prime Minister Azim Ibrohim with visiting Chairman of the Foreign Affairs Committee of the Chinese People’s Political Consultative Conference (CPPCC) Pan Yunhe. In the course of the talks, Ibrohim noted that Tajikistan supported Chinese leader’s initiative regarding new…


Tajikistan: Khujand hosts meeting to discuss standards of marketing and commercial quality control of dried apricots

A three-day meeting of the Regional Working Group including representatives from Tajikistan, Uzbekistan and Kyrgyzstan kicked off in the Tajik northern city of Khujand on May 16. According to the European Delegation to Tajikistan, the regional meeting has the goal to develop the Explanatory Brochure in accordance with the UNECE Standard DDP-15 concerning marketing and…


Uzbekistan: Peugeot Citroen to launch production of commercial vehicles

Peugeot Citroen and JSC Uzavtosanoat entered into agreement to establish a joint venture – Uzbekistan Peugeot Citroen Automotive. This partnership is aimed at building a production plant in Jizzakh SIZ. The plant will specialize in the production of full industrial cycle of light commercial vehicles under the brands “Peugeot” and “Citroen”, intended for transportation of…