Latvia: forest regeneration costs down in 2016

In 2016 the average forest regeneration costs, depending on the forest land quality group, varied between 551 and 600 euros per hectare. In 2015, these costs constituted 620-687 EUR/ha. The forest regeneration costs include expenditure on soil preparation, small sapling expenses and planting costs, according to data from the Central Statistical Bureau of Latvia. In…

Turkmenistan: Chinese companies staying active

Ashgabat will host an exhibition of Chinese goods on July 4-6, the Turkmen government said in a message. Companies specializing in the production of electrical equipment, construction materials, agricultural and construction equipment will be represented at the exhibition. Chinese manufacturers will demonstrate metal and plastic, textile and carpet, as well as food products. Moreover, Chinese…

Turkmenistan: Ashgabat and Ankara discuss interstate cooperation

Turkmenistan’s Foreign Minister Rashid Meredov met with Turkey’s Deputy Prime Minister Yildirim Tugrul Turkes in Ashgabat, the Turkmen Foreign Ministry said in a message. The two sides discussed the topical issues of interstate cooperation, and expressed their mutual interest in further development of the dialogue in trade, economic, cultural and humanitarian spheres. The parties noted…

Belarus: inflation to stay under 7% in 2017

Inflation will not exceed 7% till the end of the year, Belarusian First Deputy Economy Minister Dmitry Krutoi declared. According to the source, the Belarusian government expects inflation not to exceed 7% till the end of the year, down from the previous estimate of 9%. “Our projections are cautious. We finished the first five months…

Belarus on path to economic recovery

Belarus is gradually getting back on track for recovery, First Vice Premier Vasily Matyushevsky said when speaking at the joint session of the Belarusian parliament on June 26. “The economic performance in the recent months has been showing that the Belarusian economy is back on track. The GDP growth target for H1 has been over-fulfilled:…