Georgia: external trade down in January-August 2020

Georgia’s external trade turnover amounted to $7.02 billion in January-August, down by 16.7% YoY, showed preliminary data from the National Statistics Office of Georgia (Geostat). The value of exports decreased by 14.7% and reached $2.07 billion, while imports decreased by 17.5%, amounting to $4.95 billion. The trade deficit of Georgia in January-August amounted to $2.88…

Kazakhstan: exports to India up in January-July 2020

The 7th meeting of Kazakhstan-Indian joint working group for trade and economic cooperation took place on September 10 via a videoconferencing, the Trade and Industry Ministry’s press service reported. The meeting was co-chaired by Trade and Industry Deputy Minister of Kazakhstan Kairat Torebayev and Deputy Trade and Industry Minister of India Bidyut Behari Swain. Extraordinary…

Ukraine: trade and economic cooperation discussed with Spain

Ukraine and Spain have discussed expanding cooperation in investment, energy efficiency, renewable energy sources, transport infrastructure and tourism, the press service of the Ministry of Economic Development, Trade and Agriculture of Ukraine has reported. These issues were discussed during a meeting between Deputy Minister of Economic Development, Trade and Agriculture and Ukraine’s Trade Representative Taras…

Latvia: minimal social contributions to be paid by all citizens

Compulsory minimal state social insurance contributions should be paid by all Latvian citizens, because everyone should be socially protected independently regardless of their sector of employment, said Culture Minister Nauris Puntulis. When asked about a comment on culture industry’s workers’ arguments that minimal social contributions would not guarantee financially secured retirement anyway, the minister said…

Kazakhstan: international reserves up in August 2020

As of the end of August, Kazakhstan’s international reserves have hit $94.1 billion. According to the preliminary data, the country’s international reserves including the National Fund’s assets stand at $94.1 billion. The National Bank’s international reserves have increased by $22 million in one month and totaled $35.4 billion. The preliminary data showed that the National…