Ukraine: EIB and EBRD to finance road safety project in six cities

The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) will provide EUR 75 million each for the road safety project in the cities of Kyiv, Dnipro, Kharkiv, Lviv, Kamianets-Podilskyi and Odesa, according to the Infrastructure Ministry of Ukraine. “This project will be implemented by Kyiv, Dnipro, Kharkiv, Lviv, Kamianets-Podilskyi and…

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Ukraine: Ukreximbank head detention not to affect work

The Supervisory and Management Boards of Ukraine’s state-owned Ukreximbank have assured that the detention of the bank’s head, Oleksandr Hrytsenko, by the SBU Security Service of Ukraine will not affect the financial institution’s work. “The Supervisory Board and the Management Boards of the bank continue ensuring the financial institution’s efficient operation and guarantee its customers…

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Ukraine: freight railway tariffs to be cut

Ukrmetprom President Oleksandr Kalenkov says freight railway tariffs should be reduced by 10% in Ukraine under the current crisis conditions. “Amid the crisis in all industries in global markets, we need to consider the issue of lowering Ukrzaliznytsia’s tariffs by 10%, that is to set such a precedent. This will give an additional incentive to…

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Azerbaijan: cooperation in maritime sector mulled with Mexico

In order to review prospects of bilateral cooperation in maritime sector, Ambassador of Mexico Rodrigo Labardini has met with Director of Azerbaijan’s State Maritime Agency Gudrat Gurbanov. Welcoming the ambassador, the director spoke about agency’s functions, its bilateral and multilateral links. Also, he underlined agency’s activity within the International Maritime Organization (IMO). In this regard,…

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