Ukraine seeks to borrow $9 billion on the foreign market in 2017, Ukrainian Finance Minister Oleksandr Danyliuk has said. He said that the Finance Ministry sought to issue the fourth tranche of U.S. secured $1 billion eurobonds, raise $5.3 billion in cooperation with the International Monetary Fund (IMF) and enter the international loan market. Ukraine…
In the course of the auction held by Azerbaijan’s State Committee on Property Issues on October 25, 31 state property units have been sold as part of a new privatization program. Three lots put for privatization were joint-stock companies, 16 were small state enterprises and properties, three – unused non-residential areas and the remaining nine…
Azerbaijan and Croatia have much greater potential for cooperation, head of Croatian Chamber of Economy Luka Burilovic said during his trip to Azerbaijan. “When we talk about the bilateral relations between Azerbaijan and Croatia, it is important to say that even though Croatian companies are not unknown to this market and their Azerbaijani counterparts, our…
Azerbaijan calls on Croatian companies to invest in the country’s agriculture, tourism, IT and chemical industry, Rufat Mammadov, head of the Azerbaijan Export and Investment Promotion Foundation (AZPROMO), said. He added that favorable conditions had been created in Azerbaijan for making investments, as well as for activity in industrial and technology parks. “Tourism sector is…
The U.S. Agency for International Development (USAID) has launched the program ‘Decentralization Offering Better Results and Efficiency’ (DOBRE), with a budget of $50 million, in Ukraine, U.S. Ambassador in Kyiv Marie Yovanovitch said. The program will help 75 united communities in seven Ukrainian regions, she said at the opening ceremony for the DOBRE program in…
Last week Verkhovna Rada approved of the budget in the first reading session. During the two weeks the government should take into consideration the proposals of all the deputies and introduce the document to the Parliament in the course of the second reading session. The budget can be finally adopted in the second session or…
Azersun Holding and other big Azerbaijani companies will participate in the first International Fruit and Vegetable Fair in Tashkent, to be held on November 8-10, Jahangir Aminov, adviser to the Uzbek ambassador to Azerbaijan, said. He added that the contracts for the supply of fruit and vegetables from Uzbekistan to Azerbaijan were planned to be…