Losses bourn by Ukraine because of the unilateral termination of the Cyclone-4 contract by Brazil can reach about $800 million, the press service of Yuzhnoye State Design Office has said. “According to preliminary estimates, Yuzhnoye Design Office losses could amount to roughly $800 million because of the unilateral contract termination by Brazil”, the report has…
The Verkhovna Rada has adopted a law on the settlement of certain issues of the legal regime of the territories affected by radioactive contamination as a result of the Chornobyl disaster (No. 4437), that will allow solving the issues of state property management and urban planning in the area, as well as attracting investment, Minister…
The total volume of foreign investments in Azerbaijan’s fixed capital increased by 32.3% to 4.26 billion Azerbaijani manats in January-June compared to the same period of 2015, said the report issued by the country’s State Statistics Committee on the results of H1 2016. Some 88.5% (3.77 billion manats) of foreign investments, provided by foreign countries…
The Ukrainian Finance Ministry will start internal reform with support of PricewaterhouseCoopers (PwC). The reform aims at improving business processes in the ministry. “The project will be fully financed by international donors and it does not require budget funds spending”, the ministry said after a meeting of Ukrainian Finance Minister Oleksandr Danyliuk, his deputy Yevhen…
Azerbaijan’s Cabinet of Ministers has approved the “Rules of exempting trucks, trailers and semi-trailers of foreign states from road tax and state fee”. The rules became valid on June 1, and will be in effect for three years. The rules apply to foreign vehicles carrying freight to Iran and Turkey as well as from Iran…
Azerbaijan and Afghanistan discussed the creation of joint enterprises to produce food products, said Azerbaijan’s Economy Ministry. The discussions were held within the meeting of Azerbaijan’s Economy Minister Shahin Mustafayev with Afghanistan’s Ambassador to Azerbaijan Mohammad Taqi Khalili. The economic cooperation between the two countries and other issues of mutual interest were also discussed during…
Gross domestic product (GDP) of Uzbekistan grew by 7.8% in January-June, the session of the Cabinet of Ministers said on July 15. Industrial production in Uzbekistan rose by 6.7% in the first half of 2016, agriculture output by 6.8%, services by 12.9% and construction works by 17.5%. State budget was executed with 0.1% surplus to…