Heads of railway administrations of Kazakhstan, Azerbaijan and Georgia have discussed mutually beneficial cooperation and creation of favorable conditions for cargo transportation with cargo shippers, major operators and freight companies of Kazakhstan in Astana, the press service of Kazakhstan Railways JSC reported. In particular, the sides talked about the reduction of tariffs for transportation of…
DetailsArmenia’s economic activity index decreased by 4.7% YoY in July. This is a record figure. A decline in the country’s economic activity has not been observed yet in 2016. Just two weeks ago, Armenia’s Prime Minister Hovik Abrahamyan summed up the figures for the H1 at a cabinet meeting and was satisfied with the 4%…
DetailsAshgabat hosted a meeting to discuss the concept of Turkmenistan’s chairmanship at the International Fund for saving the Aral Sea (IFAS), the Turkmen government said in a message. Turkmenistan’s activity will focus on the fight against the consequences of the Aral crisis and preventing the degradation of ecosystems in the Aral Sea region, conservation of…
DetailsA major cement plant was put into operation in the Yovon district of Khatlon region on August 24, with the participation of the President of Tajikistan Emomali Rakhmon. A joint opened Tajik-Chinese enterprise “Chungtsay Mohir cement” plant is the second factory in Tajikistan to produce cement. The design capacity of the plant is 1.2 million…
DetailsThe Asian Development Bank (ADB) has approved of the fourth tranche worth $75 million as part of the ‘Azerbaijan: Water Supply and Sanitation Investment Program’, said a message posted on the bank’s website. According to the message, the first three tranches of the multi-tranche financing facility (MFF) financed construction of water networks in Goychay, Agdash…
DetailsLast week the weather was favorable for late crops formation due to lower air temperatures and higher amount of precipitations. Sunflower sown in the optimal and early terms is at the stage of maturation – technical ripeness and at later sown plants – flowering stage. Some regions have started harvesting works. Sunflower condition is mainly…
DetailsIn January-July the sea terminal Nika-Tera (Mykolaiv, part of Group DF) shipped 766.5 thousand tons of grain cargoes, or 44.88% of the total cargo turnover (1.7 million tons), the press-service of the company declared. The terminal also shipped 249 thousand tons of mineral fertilizers (14.58%), 691.6 thousand tons of bulk-loaded cargoes (40.49%), and 0.9 thousand…
DetailsThe agricultural holding Nibulon has put into operation a grain transshipment terminal on the river Southern Bug. The investments in construction totaled 450 million UAH, the press-service of the company declared. According to the announcement, the simultaneous storing capacities at the terminal total 76 thousand tons of grains, the daily capacity of dryers – 4…
DetailsTajikistan must look to deepen its industrial base, improve the productivity of its agricultural sector, and reduce barriers to private investment to remain on a high growth path, says a new Asian Development Bank (ADB) report that was presented in Dushanbe on August 19. The country diagnostic study, Tajikistan: Promoting Export Diversification and Growth, takes…
DetailsMoscow will host the 11th edition of the international conference Eurasian Integration on November 11, the press center of the Eurasian Development Bank (EDB), the organizer of the forum, reported. The conference will attempt to find ways to promote Eurasian integration. “This year, the conference will discuss matters of strategic cooperation in key economy sectors…
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