The government of Ukraine has provided in the draft state budget for next year UAH 44 billion (about $1.68 billion) for the construction and repair of roads and additional UAH 4 billion (about $150 million) for two large-scale projects, Ukrainian Prime Minister Volodymyr Groysman said. “This year, we have invested UAH 30 billion in the…Details
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From October 2016 to July 2017, the trade turnover between the Republic of Kazakhstan and the Socialist Republic of Vietnam has more than doubled, according to the Eurasian Economic Commission’s press service. According to the Commission, since the Free Trade Agreement between the Eurasian Economic Union (EAEU) and Vietnam came into force, in October 2016…Details
Armenia has joined the Framework Agreement on Facilitation of Cross-border Paperless (electronic) Trade in Asia and the Pacific. The corresponding document was signed by foreign minister Edward Nalbandian on the sidelines of the 72nd session of UN General Assembly on September 22. E-commerce is the buying and selling of goods and services, or the transmitting…Details
Prime Minister Juri Ratas and European Commissioner for Mobility and Transport Violeta Bulc met to discuss how the funding of transport infrastructure might continue in the EU beginning in 2021. “Connecting Europe Facility (CEF) has so far been very successful. Without cross-border infrastructure Europe cannot talk about an internal market and fundamental freedoms. Due to…Details
564 fuel bases and coal sales points were opened in Kyrgyzstan, the State Committee of Industry, Energy and Subsoil Use reported. 30 coal sales points were opened in Chui region. Fuel is sold at 3,400-4,100 soms. It should be noted that last year the cost of coal was much lower – 2,700-2,800 soms per ton.…Details
Ukrainian government considers machine-building one of the most important integrated industries on which Ukraine’s further economic success depends, Prime Minister Volodymyr Groysman said in his greeting address on the occasion of Machine Engineers Day, the government press service reports. “Ukraine’s considerably experienced machine engineers develop and design complex systems and devices: home appliances and radio…Details
Shadow economy in Ukraine fell by 6% YoY in the first quarter of 2017, to 37% of GDP, according to the analytical report published on the Ukrainian Economic Development and Trade Ministry’s website. The ministry noted that the de-shadowing stemmed directly from ensuring macroeconomic stabilization and economic growth, wage growth against the backdrop of reducing…Details