In the first half of the current year, foreign direct investment in Ukraine increased by $2.7 billion compared to the same period last year, according to Prime Minister of Ukraine Denys Shmyhal. “According to the law on “investment nannies”, UkraineInvest has already received applications worth almost $2 billion. Agricultural processing – nine projects worth $534…
Turkey expects Ukrainian business to take more active steps to develop joint projects and the Government of Ukraine – to sign a bilateral free trade agreement. “There is a very important issue – signing the free trade agreement between Turkey and Ukraine,” Rusen Cetin, Chairman of the Foreign Economic Relations Board (DEIK) at the Turkey-Ukraine…
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…
The Export Promotion Agency of Uzbekistan has signed a cooperation agreement with China’s largest e-commerce giant Alibaba Group. The document provides Uzbek entrepreneurs with unique access to the electronic B2B system and a separate section, thus granting them an opportunity to use the online marketplace. The Export Promotion Agency said it would cover the expenses…
The season of cloudberries and blueberries launches in Finland, as the first groups of foreign berry pickers have already arrived in the country. This summer, most berry pickers will be coming from Ukraine and Thailand. Finland’s association of entrepreneurs in the field of natural products elaborated that almost 3,000 cloudberry and blueberry pickers will arrive…
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…
Environment Ministry has proposed two taxes aimed at reducing pollution from cars. A one-off levy would apply to cars first sold in Lithuania, while another tax would be paid annually. The first levy is a reformed version of the current registration tax and, according to Environment Vice Minister Gintare Krusniene, will only be paid on…