Minsk Free Economic Zone (Minsk FEZ) hosted a resident – NanoComposite, which planned to produce polymer materials with nano particles. Established in March 1998, Minsk FEZ is now home to 113 resident companies. (Prime-TASS/Business World Magazine)Details
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In January-October the import volumes of wheat to Azerbaijan totaled 1.268 million tons, up by 9% YoY, the State Statistical Committee of the Republic of Azerbaijan reported. According to the statistics figures, the general cost of imported wheat to the country totaled nearly $234.4 million (down by 9.3%). In the reporting period Azerbaijan imported 110.4…Details
The gas reserves available in Ukraine are enough to go through the 2016-2017 winter season, energy holding Naftogaz Ukrainy said in a statement. “Naftogaz deems the amount of gas available to Ukraine enough for secure gas supplies to Ukrainian consumers during the entire heating season”, the company said. Russian president Vladimir Putin earlier said that…Details
Due to expansion of the planted areas of flaxseed in Kazakhstan and the growth of its production volumes, the country managed to increase its processing volumes. In 2015/2016 MY Kazakhstan produced 16.9 thousand tons of flaxseed oil, which became a historical maximum record, and exceeded the previous season figures 5 times. According to the Customs…Details
Excise taxes on oil products in Moldova will increase more than expected in the next three years. This is stipulated by the fiscal policy for 2017 passed by the Parliament of Moldova in the final reading. In particular, in 2017 the excise rate was going to grow from MDL 4,137 to MDL 4,503 per ton…Details
The E.U. has official prolonged its anti-Russian sanctions for six months until July 3, 2017 from December 31, 2016, the E.U. Council said in a statement. “Having assessed the implementation of the Minsk agreements at the European Council meeting of December 15, the E.U. heads of state and government paved the way to renew the…Details
The members of Riigikogu passed on December 19, a series of tax changes pushed for by the new Estonian government that set forth increasing excise tax for fuel, light alcohol and raising considerably level of income exempt from income tax. The proposals adopted by 55 votes for and 37 against cancel the 0.5% cut in…Details