Belarus: Belarusbank signs memorandums of understanding with Afreximbank and SID Banka

Belarus’ largest commercial bank OAO Belarusbank has signed memorandums of understanding with African Export-Import Bank and Slovenian SID Banka during Belarusbank’s conference in Frankfurt (Germany), the bank’s press service reported. The conference gathered around 100 representatives of the World Bank, German financial institutes and insurance companies, as well as representatives of such institutions of Italy,…

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Turkey: TANAP construction 55% complete

The construction work as part of the Trans Anatolian Natural Gas Pipeline Project (TANAP) is 55% complete, Saltuk Duzyol, head of TANAP consortium, reported. He pointed out that to date, 19 underground passages have been built as part of the project. Furthermore, the consortium head noted that the cost of TANAP project had decreased. “When…

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