Ukraine: UIA carries 40-millionth passenger

Ukraine International Airlines (UIA) has carried its 40-millionth passenger since the company was established in 1992. “On August 8 Ukraine International carried its 40-millionth passenger Svitlana Pogrebna who was flying from Kyiv to Amsterdam on the UIA PS105 flight,” reads a report posted on the company’s website. In 2015, UIA carried 4.9 million passengers; in…

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Ukraine: 33.4 million tons of grain harvested

Ukrainian agrarians harvested 33.4 million tons of grain on 8.8 million hectares (91% of the target) as of August 8, according to the Agrarian Policy and Food Ministry’s press service. Early grain crops have already been harvested in Dnipropetrovsk, Zaporizhia, Kirovohrad, Mykolayiv, and Kherson regions. The average yield of cereals is estimated at 3.79 tons…

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Belarus: frozen bread exported to 8 countries

Belarus is supplying frozen bread to eight counties, head of the main department for bakery products of the Belarusian Agriculture and Food Ministry Vadim Pobedinsky said. “Today we are exporting frozen bakery products to eight countries. Among them is Russia (over 80% of the exports), Israel, Panama, the USA, Tajikistan, and Australia,” Vadim Pobedinsky said.…

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Azerbaijan: banks slash dollar sales in H1 2017

Azerbaijani banks sold $621.67 million in January-June, down 2.7-fold YoY, according to the report of the Central Bank of Azerbaijan (CBA).

Bank clients purchased 10.35 million pounds sterling, 126.58 million euros and 1.09 billion Russian rubles in cash over the six months of this year. (Trend/Business World Magazine)

Latvia: railway cargo decline significant

Latvia’s railway system is inefficient and needs to be changed so that it is possible to compete with other countries, because the tariffs Latvia has now are too high, said Baltic Association – Transport and Logistics President Inga Antane. Antane mentions experience of her colleagues: “Our colleagues in Germany made a very important political decision…

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Ukraine: 16 FTA deals signed with 45 states over years of independence

Ukraine has concluded 16 free trade agreements over the years of independence, covering 45 countries, according to a report posted on Facebook by Deputy Minister of Economic Development and Trade and Ukraine’s Trade Representative Natalia Mykolska. The most extensive free trade agreement was concluded between Ukraine and the European Union (Deep and Comprehensive Free Trade…

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