Azerbaijan: Bulgarian energy and economy ministers to visit Baku

Bulgaria’s Energy Minister Temenuzhka Petkova and Economy Minister Bojidar Loukarsky will visit Baku on September 29-30, to take part in the 4th session of the intergovernmental economic cooperation commission. An Azerbaijani-Bulgarian business forum will also be held during the ministers’ visit. The Bulgarian delegation will include entrepreneurs working in the spheres of energy, refining, construction,…

Belarus: foreign investment in economy at $4.7 billion in H1 2016

In January-June foreign investors injected $4.7 billion into the Belarusian economy, the National Statistics Committee informed. The primary investors were economic operators of Russia (50.2% of the investment), the UK (20.5%) and Cyprus (7.5%). Foreign direct investments amounted to $3.9 billion. In H1 2016 Belarusian economic operators (except for banks) transferred Br2 billion in investments…

Russia needs to keep the counter-sanctions after 2017

The Russian ban on the supplies of food products established in 2014 contributes to development of domestic agro-industrial complex and should be extended after the end of its effective term (December 2017), the Minister of Agriculture of Russia Alexander Tkachev declared. “In order to further promote import substitution, increase the competitiveness of the domestic production…

Belarus: BUCE accredits first non-resident broker

Nordic Industries (Lithuania) received trader and broker certificates of Belarusian Universal commodity Exchange (BUCE) on August 9, BUCE spokesman Roman Yaniv said. “Besides participation in exchange auctions Nordic Industries is expected to bring new Lithuanian companies to BUCE’s trading platforms and will promote commodity exchange services on the Lithuanian market. BUCE and Nordic Industries are…

Uzbekistan and China discuss trade-economic ties

On August 9, the Ministry of foreign economic relations, investments and trade of Uzbekistan hosted a meeting with Advisor on trade and economic issues of the Embassy of the People’s Republic of China in Uzbekistan Jin Yulong. During the meeting, the sides discussed current state of bilateral trade-economic, investment and financial-technical cooperation. (UzDaily/Business World Magazine)