Ukraine to conclude revised Agreement on Mutual Promotion and Protection of Investments with Turkey

The government of Ukraine plans to conclude a revised Agreement on Mutual Promotion and Protection of Investments with the government of Turkey, the Economic Development and Trade Ministry of Ukraine reports. “We’ve agreed with the Turkish side on the main provisions of the draft agreement, which foresees the most-favored procedure for investors of both countries…

Armenia: Fitch rates Yerevan “B+”

Fitch Ratings has assigned Armenian capital city of Yerevan Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) of “B+” and a Short-Term Foreign Currency IDR of “B”. The Outlooks on the Long-Term IDRs are Stable. The ratings reflect Yerevan’s status as Armenia’s capital, satisfactory budgetary performance, supported by steady transfers from the central government,…