The growth rate of Belarus’ gross domestic product is expected to reach 101.5% in 2017 while inflation is supposed to make 9% at most. Prime Minister of Belarus Andrei Kobyakov made the statement during the session of the Presidium of the Council of Ministers held on 2 August to discuss the draft social and economic…
Azerbaijan Export and Investments Promotion Foundation (AZPROMO) has updated the catalogue of Azerbaijan’s investment projects by including 65 projects, said a message from the country’s Economy Ministry. It was noted that the purpose of updating the catalog is to promote the attraction of foreign investment in Azerbaijan’s non-oil sector. The catalogue includes 65 projects covering…
By 2020, the Russian agro-industrial complex will have received nearly 1 trillion RUR of investments for further development, the Minister of Agriculture of the Russian Federation Alexander Tkachev declared. According to him, it is necessary to discuss all ambitious plans for the following 20 years now, because all market participants have to understand the vector…
Supplies of Ukrainian goods to Russia dropped to 8.8% of the country’s total export volume in January-June, the Economic Development and Trade Ministry reported. “The European Union was Ukraine’s main trade partner to export goods in 5 months of 2016 (39.4%) while Russia’s share stood at 8.8%”, the report said. (TASS/Business World Magazine)
Russia’s cabinet of ministers has submitted the agreement on extension of trade and economic ties with Jordan to the State Duma (lower house of parliament) for ratification as the text of the document has been posted in the Duma’s electronic database. The agreement was inked by representatives of the two countries’ governments on November 18,…
Russia-Chinese project on grain processing is expected to be launched in Tatarstan with investments of 15 billion RUR. An industrial park “Saosyan-Volga” is going to be constructed at the area of 100 ha with annual processing capacity of 300 KMT. 200 types of food products (including unique ones: grain protein as a substitute to soybean…
Intelltelecom (the Giraffe trademark) jointly with Ericsson and Huawei on July 29, first tested LTE TDD 4G technology in the 2,300 MHz range in Ukraine. The company said in a press release that the highest speed of radio interface, voice and video calls and online high resolution video were tested at several terminals at once.…