The governments of Georgia and China have agreed to cooperate on international land transportation of passengers and cargo. The agreement was signed by the Georgian Minister of Infrastructure and Regional Development Maia Tskitishvili and the Minister of Transport of the People’s Republic of China Li Xiaopeng in Beijing. Minister Tskitishvili said the agreement was a…Details
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Azerbaijani company Sirab intends to increase the export volume of mineral water till the end of this year. “The company operating in Nakhchivan Autonomous Republic intends to increase the supply of mineral water to the CIS countries due to high demand on these markets,” the company told Trend. “At the same time, we intend to…Details
SMT Best LLC has launched production of made-in-Armenia medical supplies. Thanks to the launch of the new production, 100 new jobs have been created. 20% of supplies produced in Armenia are consumed by the local market, while the rest is exported. While syringes, blood collection containers, insulin pen needles and other supplies are currently manufactured…Details
The National Bank predicts that the volume of international reserves will remain at the level of about $21-22 billion in the coming years, NBU Governor Yakiv Smoliy declared. According to him, the key task for Ukraine is to continue cooperation with the International Monetary Fund and other financial organizations. At the same time, the main…Details
Industrial output in Ukraine grew by 2.1% YoY in March without taking into account the adjustment for the calendar day effect, after a 1.8% fall in February. The growth in industrial output in March, with the calendar day adjustment, accelerated to 2.7% after a 1.8% decline in February, the Ukrainian State Statistics Service said on…Details
In January-March, Azerbaijan increased the imports of food products by 15.4% YoY, to $389.942 million, reported the State Customs Committee. In particular, wheat formed the major share in the structure of food imports – 405.8 thousand tons (up by 28.4%) valued at $91.13 million, while vegetable and animal oils – 33.1 thousand tons (-25%) at…Details
Swedbank’s profit in Q1, compared to the same period of 2018, grew to EUR 29 million. The reason for this was increased economic activity by the bank’s clients and therefore bigger income for the bank, as reported by the bank’s representative Janis Krops. Net interest income, when compared to Q1 2018, grew by 6%, which…Details