Georgia: external trade up in H1 2021

Georgia’s external trade turnover amounted to $6.2 billion in January-June, up by 20.7% YoY. The value of exports increased by 25.2% and totaled $1.88 billion, while imports increased by 18.9%, to $4.32 billion. The trade deficit of Georgia in January-June amounted to $2.44 million, or 39.3% of total trade turnover. In the reporting period Georgia’s…

Ukraine: NBU revokes two licenses of credit union

The National Bank of Ukraine (NBU) has revoked two licenses of Credit Union “Shans-Plus” on the basis of its own application, the central bank’s press service reports. “This decision was approved by the Committee for Supervision and Regulation of Nonbank Financial Services Market on July 14. Thus, two credit union’s licenses on providing financial services…

Uzbekistan: trade with Pakistan to increase

Uzbek President Shavkat Mirziyoyev during negotiations with Pakistani Prime Minister Imran Khan said that both states had untapped potential to increase bilateral trade at least 5-fold. The parties said that the trade turnover between both countries had increased four-fold over the past years. The number of joint ventures has increased by more than a hundred.…