Russia was ranked first in a list of commodity-based economies by foreign investment diversification, according to an analytical survey conducted by the Financial Times. According to the survey covering the period from 2003 till 2015, Russia raised investments in more than 4,000 new initiatives across 39 analyzed sectors. Financial services, industrial machinery, food, tobacco and…
Over the first seven months of this year, the external trade turnover of Tajikistan, including electrical power, has amounted to about $2.21 billion, down by 8.1% YoY, or by $56.6 million, according the Agency for Statistics under the President of Tajikistan. The trade balance in January-July has been negative and amounted to more than $1.203…
Fund for supporting small businesses and private entrepreneurs provided legal, financial and organizational services to 1,646 enterprises to promote goods and services to external markets in the first half of 2016. The export agreements for $1.32 billion have been signed. Some 379 enterprises exported their products and services valued at $643 million. Number of enterprises,…
This year Brest region enterprises have been able to reach six new target markets, Mikhail Batsenko, Chairman of the Economy Committee of the Brest Regional Executive Committee, reported. In January-June Brest region exported merchandise to 74 countries. For the first time Brest region enterprises started exporting products for holidays and carnivals to Brazil, apparel to…
The Cabinet of Ministers’ resolution dated August 5, determined additional measures on attraction of foreign investors to some joint stock companies. The resolution said that 17 joint stock companies failed to attract foreign investors in time due to poor work of top managers and inefficient organization of management. The document underlined that heads of eight…
Belarus has been working on a new edition of the bill “On state purchases of goods, works and services” dated July 12, 2013, Irina Tretyakova of the Trade Ministry announced. The new edition of the law is supposed to make allowance for all tricky aspects of procedures relating to state purchase contracts, the official said.…
Companies controlled by Belarus’ light industries concern Bellegprom increased exports by 9% YoY in January-June to $239.9 million, Bellegprom said in a release. Exports to the CIS states accounted for 84.2% of Bellegprom companies’ total export volume (exports to Russia – 74.2%). Exports to Ukraine grew by 15.4% to $11.6 million. Bellegprom companies increased output…