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…
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…
Foreign investors in Latvia propose establishing a single tax regime for all short-term small service providers that perform services on their own, stresses the Foreign Investors Council Latvia (FICIL) in its document on tax policy. Investors also recommend expanding the existing simplified tax payment regime to include taxpayers like nannies, barbers, photographers, cleaners, designers and…
The 2021 state budget will run a deficit and contain no major cuts, the government has announced after two days’ discussion. The talks have not yet led to anything concrete yet, however, though the state is projected to be running a deficit at least till 2024. Following the meetings held at Sagadi manor in Laane-Viru…
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…
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…
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…