Deposit auctions will be enough to absorb excessive liquidity of the banking sector in the foreseeable future, Central Bank First Deputy Chairwoman Ksenia Yudayeva reported. “It will be enough for us to hold deposit auctions in the foreseeable future (to absorb excessive liquidity)”, Yudayeva said. The authority organized the first deposit auction in 18 months…
Belarusian manufacturers must upgrade their quality management systems to comply with the new standard STB ISO 9001-2015 by September 15, 2018, Chairman of the State Committee for Standardization Viktor Nazarenko reported. Viktor Nazarenko recalled that a new version of the national standard for quality management system STB ISO 9001-2015, identical to the international standard, was…
The Belarusian industrial gas producer BMZ-GKS, which was founded by Belarusian Steel Works (BMZ trademark) among other parties, started selling argon to Bulgaria, Romania, and Moldova in 2016, Alexander Olesik, Press Secretary of the BMZ, reported. The first few batches of argon were delivered to Poland in late 2015. Argon has many applications in the…
The Azercosmos OJSC of the Azerbaijani Ministry of Communications and High Technologies has signed a contract to render telecommunication services to the leading international satellite operators, DCS Telecom and Don Telecom. According to the contract, the DCS Telecom and Don Telecom will use the resources of the Azerspace-1 satellite for voice services, data transmission, cellular…
The last two months demonstrated the Ukrainian government’s intent to prevent VAT refund amount reduction after its significant decrease in August. However, government will need from six months to a year to gain the market’s confidence. According to government’s representatives, as of October 26, the state VAT debt declined to 16 billion UAH. Experts hope…
A number of documents were signed in Ljubljana on November 8, in the presence of presidents of Ukraine and Slovenia, Petro Poroshenko and Borut Pahor, press secretary of the Ukrainian president Sviatoslav Tseholko has said. “Ukraine and Slovenia have signed a memorandum of understanding in energy efficiency and alternative fuels”, Tseholko wrote on Twitter. In…
Projects in the pharmaceutical sector, the sphere of agriculture technologies and high-technology industry may accelerate cooperation between Russia and Israel and stimulate growth of mutual trade, Prime Minister Dmitry Medvedev said. At present, trade between the countries amounts to $2 billion, he said, adding that the figure had fallen by around 30% due to the…