Belarus’ industrial output decreased by 1.8% YoY in January-August to 51.528 billion Belarusian rubles (Br), or $26.325 billion at the official rate of the National Bank, the National Statistical Committee (Belstat) reported. Production of coke, oil products and nuclear materials reduced by 7.2% YoY in January-August to 7.58 billion rubles ($3.872 billion). The output of…
Respective bill No. 5000 was posted on the parliament’s website. At the same time, there is neither text of the document nor addenda available on the website. In keeping with the budget resolution for 2017, the Ukrainian government plans to set the minimum wages at the same level as the subsistence rate. The 2016 national…
Azerbaijan’s state oil company SOCAR intends to diversify its financial channels, the company’s president Rovnag Abdullayev reported. He made the remarks during the presentation of SOCAR bonds for Azerbaijani citizens. Abdullayev pointed out that SOCAR was implementing a new strategy to strengthen its positions at the international level. Eurobonds have been issued successfully, he said,…
Ivana Duarte, new head of Baku office of the European Bank for Reconstruction and Development (EBRD), arrived in Baku to hold talks with Azerbaijani MPs, a source in the country’s government reported. According to the source, Duarte was appointed head of the bank’s Baku office in August. Duarte has been working in the EBRD since…
Iranian companies will be able to use the Pirallahi Industrial Park, which will specialize in pharmacy, Azerbaijan’s Minister of Economy Shahin Mustafayev said. He made the remarks during the meeting with the Iranian Ambassador to Azerbaijan Mohsen Pak Ayeen, said the country’s Economy Ministry. The meeting was held in connection with completion of Pak Ayeen’s…
A delegation of the European Bank for Reconstruction and Development (EBRD), headed by Bruno Balvanera, director for the South Caucasus, Moldova and Belarus, arrived in Baku. Balvanera introduced Ivana Duarte, the new head of the bank’s Baku office, to the Azerbaijani government. The EBRD delegation was received by Shahin Mustafayev, Azerbaijani economy minister, as part…
The 13th session of the Kazakh-Azerbaijani intergovernmental commission on economic cooperation will be held in Astana on September 21-22, the Kazakh embassy in Baku said in a message. The Azerbaijani delegation will be headed by Natig Aliyev, energy minister, co-chairman of the intergovernmental commission. “The sides will discuss a wide range of bilateral issues relating…