Ukraine: GDP up in Q2 2016

The GDP growth in the second quarter of this year was 1.3%, whereas it amounted to 0.1% in the first quarter. The First Vice Prime Minister, Economic Development and Trade Minister of Ukraine Stepan Kubiv said this at the Cabinet’s meeting. “We saw the growth of GDP by 0.1% in the first quarter of 2016…

Ukraine: economy already started growing

Ukraine’s economy demonstrates a growing dynamics, thereby affording to fill the state budget and to invest in improving the quality of life of the Ukrainian people and citizens. Prime Minister of Ukraine Volodymyr Groysman announced this while opening a government meeting on Wednesday, the press service of the government’s portal reported. “In fact, today we…

Azerbaijan: ICD mulling financing projects

The Islamic Corporation for Development of the Private Sector (ICD) is discussing an opportunity of allocating $30 million to two Azerbaijani banks and a company. The agreements might be signed soon. The funds will be used to finance the projects in cotton-growing, food and textile industries. According to the ICD financing rules, the minimum amount…

Belarus hopes for more vibrant investment cooperation with European companies

Ambassador Extraordinary and Plenipotentiary of Belarus to Belgium with concurrent accreditation to Luxemburg, Belarus’ Permanent Representative in the European Union Alexander Mikhnevich expressed hope for further development of investment cooperation between Belarus and the European companies. “Many EU companies already have presence in Belarus. The most interesting sectors include machine-building, electronics, chemical products, pharmaceuticals, timber,…

Belarus: Gomel hosts Belarusian-Finnish economic forum

Fifty representatives of Finnish companies from various industries took part in the Belarusian-Finnish economic forum on September 13, in Gomel, Director General of the Gomel department of the Belarusian Chamber of Commerce and Industry Marina Filonova reported. She mentioned high activity of Finnish businessmen who had sent many applications for participation. “It means that they…

Belarus: cooperation with Ecuador discussed

Belarus and Ecuador discussed their cooperation during the 71st session of the UN General Assembly, the press service of the Belarusian Ministry of Foreign Affairs reported. Belarus-Ecuador cooperation was in the spotlight at the meeting of Ambassador Extraordinary and Plenipotentiary of Belarus to Ecuador Igor Poluyan and Acting Deputy Minister of Foreign Affairs and Migration…