Tajikistan: Dushanbe bus terminal awaiting permission to operate services to Uzbekistan

Dushanbe bus terminal, Asian Express Terminal, is waiting for answer to its proposal to re-launch bus routes between Tajikistan and Uzbekistan. Deputy Director General of the Closed Joint Stock Company (CJSC) Holding Asia Group Tajikistan Sulton Kamolov says they have already discussed this issue with representatives of the Uzbek Embassy in Dushanbe. “They have expressed…

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Azerbaijan: S&P expects Kapital Bank’s market share to increase

Standard & Poor’s (S&P) Global Ratings expects that Azerbaijan’s Kapital Bank OJSC will likely increase its already material market share, while its operating revenues continue increasing progressively and its profitability remains high, according to an S&P report. S&P confirmed the credit rating of the Azerbaijani bank at BB-/B level with a negative outlook. Meanwhile, the…

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Turkmenistan to keep benefits only for socially vulnerable people

President of Turkmenistan Gurbanguly Berdymukhamedov, noting that the system of benefits in the country has become completely ineffective, instructed to prepare proposals for cancellation of all benefits. Berdymukhamedov was addressing a meeting with the leadership of the Turkmen banking and financial sectors. “Benefits should be provided not to anybody, but only to those who really…

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Tajikistan: IsDB donates $280,000 to Ministry of Energy to improve work conditions of employees

The Majlisi Namoyandagon (Tajikistan’s lower chamber of parliament) ratified a grant agreement for $280,000 signed between the government of Tajikistan and the Islamic Development Bank (IsDB) in January. Tajik Minister of Energy and Water Resources Usmonali Usmonzoda says the amount of this grant is allocated for improvement of work conditions for the ministry’s employees, elaboration…

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Ukraine: passenger railway communication with EU to be expanded

Direct railway passenger traffic between Ukraine and the European Union will be expanded, Ukrainian Infrastructure Minister Volodymyr Omelyan has said. “On December 23, 2016 the Intercity+ Kyiv-Lviv-Przemysl train was launched. This route has become very popular among Ukrainian passengers. Ukrzaliznytsia is looking into the possibility of launching the second pair of Kyiv-Lviv-Przemysl trains by another…

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Belarus to export broiler meat to China

Belarusian broiler farms have plans to obtain certificates to sell to the Chinese market, Belarus Agriculture and Food Minister Leonid Zayats said on the sidelines of the international agricultural expo Belagro 2017 on June 6. “We have boosted our supplies to the Chinese market. On June 16, we will welcome specialists from the General Administration…

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