The number of transactions using payment cards in 2016 increased by 28% YoY, to 2.513 billion, and their volume – by 30.6%, to UAH 1.61 trillion. According to the website of the National Bank of Ukraine (NBU), the volume of transactions to obtain cash using payment cards rose by 22.5% and amounted to UAH 1.039…Details
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Belarus has shipped the first batch of dairy products to Syria, Aleksei Bogdanov, the head of the main department for foreign economic affairs at the Agriculture and Food Ministry, said. Ten containers with powdered milk and butter were shipped to Syria in January. “As for Syria, this country has a huge interest in the delivery,…Details
Air Astana, the principal airline and the flag carrier of the Republic of Kazakhstan, has announced it will increase weekly frequency from Astana to London. Starting in June the carrier will perform flights on Sundays in addition to existing operations on Mondays, Tuesdays, Thursdays and Saturdays. Flights will be operated on Boeing 757’s. Flight time…Details
The Russian delegation headed by Deputy Chairman of Russian Government Dmitry Kozak attended the eighteenth meeting of the intergovernmental commission on economic cooperation between the two countries in Tashkent. During the meeting the parties exchanged information and discussed issues of implementation of Protocol decisions of the seventeenth IGC meeting, which took place on March 25,…Details
A small hydropower plant was launched in Tegirmentin village of Kemin district, Chui region. The HPP with power capacity of 3.1 MW was built in 11 months by “Tegirmentinskaya HPP” company. Its construction cost 215 million soms. As the owner of the company Rakhat Irsaliev reported, they invested 71 million soms and took 144 million…Details
“Works at 2.9 billion soms under the Article “State capital investments” were executed in 2016,” the head of the Ministry of Transport and Roads Zhamshitbek Kalilov said. In 2016 the following roads were constructed: asphalt concrete road topping of Bishkek – Manas Airport (23 km) valued at 978.3 million soms; asphalt concrete road topping of…Details
The European Union has allocated to Kyrgyzstan a grant financial assistance for the development of regions. The agreement was signed in Brussels within the working visit of Almazbek Atambayev. The first tranche of EUR10 million is to be spent on the development of agriculture in Jalal-Abad region. EU will allocate EUR 72 million for 7…Details