Belarusian companies should step up efforts to advance cooperation with Chinese partners, Ambassador Extraordinary and Plenipotentiary of Belarus to China Kirill Rudy said. The Ambassador believes that it is essential to build production chains with Chinese partners. Speaking about the inflow of Chinese investments to Belarus, Ambassador Kirill Rudy said about the preparation of amendments…
Assets of the State Oil Fund of Azerbaijan (SOFAZ) increased by 4.6% and amounted to $35.1 billion as of July 1, as compared to $33.57 billion in early 2016, SOFAZ said in a report. SOFAZ’s revenues totaled almost four billion Azerbaijani manats during the H1 2016, and expenditures were almost at 2.256 billion manats. During…
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…