The European Bank of Reconstruction and Development (EBRD) has approved $60 million to co-finance the construction of the 9-km long Kvesheti-Kobi tunnel, which forms a part of the North-South corridor. The Roads Department of Georgia reports that the Asian Development Bank (ADB) has already allocated $415 million for the construction of the Kvesheti-Kobi road and…
DetailsAccording to Azerbaijani President Ilham Aliyev’s instruction, an innovation strategy is being developed in the country and coordination in the field of innovative development is being increased through the involvement of reputable international consultants, Executive Director of the Azerbaijani Center for Analysis of Economic Reforms and Communications Vusal Gasimli has said. Gasimli made the remarks…
DetailsCartels are not a sudden appearance in Latvia, it is a phenomenon that has been swept under the rug for a long time, as experts explained at the “Competition in business: influence of cartels, lobbyist activity and black PR” discussion organized by Turiba University. Corruption Prevention and Combating Bureau’s (KNAB) former head Jaroslavs Strelcenoks said…
DetailsUkraine’s Deputy Minister of Economic Development, Trade and Agriculture Taras Kachka has said Ukrainian poultry producers may enter the Chinese market before the end of 2019. “Ukraine’s government officials are working with their Chinese counterparts on beginning poultry exports to China, according to Taras Kachka, Ukraine’s deputy economy minister. He was optimistic that an agreement…
DetailsUkraine’s public and publicly guaranteed debt amounted to UAH 2.067 trillion or $81.92 billion as of August 31, the Ukrainian Finance Ministry reported. According to the report, public and publicly guaranteed foreign debt amounted to UAH 1.251 trillion, or $49.57 billion, whereas public and publicly guaranteed domestic debt stood at UAH 816.26 billion, or $32.35…
DetailsSugar beets were sown in an area covering about 7,346 hectares in Azerbaijan this year, the Ministry of Agriculture reported. “Sugar beets have been planted less this year compared to last year,” the ministry stressed. “The area sown with sugar beets is by 14.5% less this year compared to 2018,” the ministry said. “The country…
DetailsThe statistical average monthly salary in the Ukrainian agricultural sector reached UAH 5,984, which is three times less compared with the data provided by employers. In particular, according to the website AgroRobota.com.ua, the average monthly salary in the agrarian sector in August made up UAH 15,700. According to the data provided by the State Statistics…
DetailsAgricultural enterprises of Sumy region have begun sugar beet harvesting campaign. According to the regional agricultural department, as of September 30, 5.8 thousand tons of sugar beet were harvested from the area of 140 ha or 15% of the total area in Sumy region. The average beet yield amounts to 41.43 tons/ha. (Ukrsugar/Business World Magazine)
DetailsAzerbaijani company Karaca Findiq signed a contract with a Belarus company for export of hazelnuts worth $1 million, Ministry of Economy reported. The contract was signed at the 28th WorldFood Moscow International Food Exhibition. Karaca Findiq company reached an agreement on the supply of 23 tons of roasted hazelnuts to Russia, 20 tons to Moldova,…
DetailsThe Klaipeda port will invest in infrastructure to attract freight from Belarus, Vidmantas Paukste, Director for Infrastructure, Acting Director General of the Klaipeda State Seaport Authority, declared at a Belarusian-Lithuanian transport forum. He remarked the Klaipeda port was one of the top 5 ports in the Baltic Sea in terms of freight turnover. The indicator…
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