Tajikistan: GCF approves EBRD project proposal for modernization of hydropower plant

The European Bank for Reconstruction and Development (EBRD) climate resilience project proposal for the modernization of a hydropower plant in Tajikistan was approved for co-financing by the Green Climate Fund (GCF) on April 6. According to the EBRD News Center, the EBRD and other co-lenders are providing $158 million for the climate-resilient upgrade of Qairoqqum…

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Ukraine: $68 million worth of electricity exported in Q1 2017

Ukraine in January-March exported electricity for $68.12 million, including $19.355 million in March alone. According to the State Fiscal Service, electricity delivered to Hungary amounted to $55.218 million in January-March, to Poland to $11.101 million, Romania to $1.286 and other countries – $516,000. Thus, in money terms exports of Ukrainian electricity in January-March grew by…

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Turkmenistan: Berdimuhamedov instructs Cabinet to ensure manat’s stability

President of Turkmenistan Gurbanguly Berdimuhamedov has given instructions at a meeting of the Cabinet of Ministers to ensure the stability of the financial system, investment activity in the country, as well as the stability and purchasing power of the national currency – the Turkmen manat. “Export volumes and reserve monetary funds should be increased,” the…

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Tajikistan: delegation flies to Moscow for negotiations over air travel problems

The term of Tajik Transport Ministry’s ultimatum to the Russian aviation authorities is expiring today. An official source at the Ministry of Transport of Tajikistan says the Russian aviation authorities have invited their Tajik counterparts to Moscow for negotiations over the air travel problems. “Tajik delegation left for Moscow today,” the source noted. When asked…

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Ukraine: flour winning new markets

Ukrainian flour exports hit a 20-year high of over 340 KMT in the 2015/2016 season. As expected, the upward trend in flour supplies from the country continued into MY 2016/2017. Global trends also contribute to growth of flour exports. The world’s demand for flour has increased by 15-20% over the last 4-5 years. Noteworthy is…

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