Belarus’ government has the terms of VAT deduction with regard to goods imported by business companies. In accordance with President Lukashenko’s ordinance #396 dated October 28, Belarusian entities, which import products and sell them on the home market in an unmodified condition, shall have their import VAT deduction delayed by 60 days (down from 90…
Kyrgyzstan’s President Almazbek Atambayev signed the law on scheduling the referendum on making amendments to the country’s constitution for December 11, said the message posted on the president’s website. During its final reading on November 2, Kyrgyzstan’s parliament approved of the draft law on scheduling the referendum on amending the constitution for December 11. Earlier,…
The Cabinet of Ministers of Ukraine takes into account lawmakers’ proposal to retain the 2017 national budget deficit at 3% of the gross domestic product (GDP) when finalizing the draft state budget for the second reading, Prime Minister Volodymyr Groysman has said. “We believe that the balance will be maintained, the deficit will be at…
ArcelorMittal Kryvyi Rih has paid over 72 million UAH of losses caused to the state in violation of environment protection legislation as it has been prescribed by court. The company executed the ruling of Dniepropetrovsk commercial court of appeals ordering to pay 72.699 million UAH as a collection of damage caused to the state in…
The law extending a moratorium to sell farmland until 2018 passed by Ukraine’s Verkhovna Rada on October 6, was officially published in Holos Ukrainy parliament’s newspaper on November 1. The law amending Section X of the transition clauses of the Land Code of Ukraine regarding a ban to sell farmland extends the moratorium to sell…
Azerbaijan and Russia have the widest prospects for development of relations in the non-oil sphere, Chief of the Russian Presidential Directorate for Interregional Relations and Cultural Contacts with Foreign Countries Vladimir Chernov reported. “The more we get to know each other, the more new areas for the development of relations we find”, Chernov said. “If…
Azerbaijan’s Economy Ministry has already received first appeals from entrepreneurs regarding the partly repayment of their expenses for products’ export, the country’s Economy Minister Shahin Mustafayev reported. “As is known, in accordance with the export support mechanism, Azerbaijani government will return part of the money spent by entrepreneurs on the organization of export supplies (compensation…