Azerbaijan to open trading house in UAE

Azerbaijan is ready to open a trading house in the UAE and appoint a trade representative there, Azerbaijani Economy Minister Shahin Mustafayev said. He made the remarks at the 6th meeting of the Azerbaijan-UAE intergovernmental commission for trade, economic and technical cooperation in Dubai, reads a message of Azerbaijan’s Economy Ministry. Speaking about trade relations…

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Belarus: GDP up in Q1 2017

According to initial estimates, in January-March Belarus’ gross domestic product totaled Br22.4 billion or 100.3% in comparable prices as against Q1 2016, the National Statistics Committee of Belarus reported.

In January-March the GDP deflator index amounted to 107% as against the same period of last year. (BelTA/Business World Magazine)

Tajikistan to develop industry in order to minimize impacts of external shocks

To minimize impacts of external shocks on its economy Tajikistan plans to develop the industrial sector. “Tajikistan’s economy experiences impact of external shocks and the global economic environment,” Director of the Institute of Economics and Demography of the Academy of Science of Tajikistan, Professor Lutfullo Saidmurodzoda noted at a conference formally titled “Formation of Strategic…

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Ukraine and Georgia to jointly develop transport corridor from the Baltics to Caspian Sea

Ukraine and Georgia have agreed on the development of the Baltic Sea – Black Sea – Caspian Sea international transport corridor at the meeting of the joint intergovernmental commission on economic cooperation. Ukraine’s Vice Prime Minister for European and Euro-Atlantic Integration Ivanna Klympush-Tsyntsadze announced this at the briefing. “We agreed to continue cooperation on the…

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