Baltic States: new Russia sanctions package includes owner of retail chain operating in Latvia and Lithuania

Russian businessman Sergei Shnaider, the owner of the Mere discount retail chain operating in Lithuania and Latvia, has been added to the European Union’s 21st sanctions package, prompting the chain’s operators in Latvia to halt their activities, according to Latvia’s Financial Intelligence Unit. The Latvian authority said sanctions applied to Latprodukti, which operated the Mere…

Armenia: remote property purchases simplified

It will now be possible to purchase an apartment in a newly constructed building in Armenia without being physically present in the country. The Armenian government approved the relevant decision at its meeting. Under the new system, the three-party agreement can be concluded electronically without notarization or issuing a power of attorney. The bank will…

Armenia: number of jobs increases

Armenia’s Economy Minister Gevorg Papoyan has shared statistical data on the number of jobs in the country as of June in a Facebook post. According to the figures presented, the number of jobs has increased by 302,411 compared with June 2017. “Jobs: June 2017: 527,337, June 2026: 829,748, difference: 302,411,” Papoyan wrote. Separately, the international…

Ukraine: Ministry of Agrarian Policy and Market Operators agree on steps to adapt veterinary industry to EU norms

Ensuring a stable supply of drugs and vaccines for Ukrainian livestock and poultry farming, as well as the formation of updated rules for the functioning of the veterinary pharmaceutical market, became the key topics of an extended working meeting at the Ministry of Agrarian Policy and Food of Ukraine. The participants discussed the status of…