The further inflow rate of German investments in Ukraine’s economy will directly depend on the pace of economic reforms in Ukraine. Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Germany to Ukraine Ernst Reichel has stated this during the opening ceremony of the Ukrainian-German Business Forum. “We cannot force our companies to enter Ukraine…
During the “ICT Global Leadership Forum” in Seoul, the capital of South Korea, Ukrainian Education and Science Minister Liliya Hrynevych made a presentation called “ICT and education in Ukraine” and described the development of information and communication technologies and how they would be applied to reforms in the secondary education in Ukraine. “The ICT field…
Belarus’ foreign trade surplus totaled $181.3 million in January-August compared to a $1.081 billion surplus in January-August 2015, the National Bank of Belarus said in an online report. The overall turnover of commodities and services in foreign trade shrank by 12.7% YoY to $38.138 billion. Exports of commodities and services reduced by 14.4% YoY to…
The government expects the auction to sell Odessa Port Plant to take place before the end of the current year. This was stated by Prime Minister of Ukraine Volodymyr Groysman during his conversation with journalists at the opening of the company Bila Tserkva Plant of Preparation Forms. Volodymyr Groysman noted that the government was waiting…
Such decision was made by Ukrainian parliament. The moratorium for purchasing and selling of agricultural land or for other way of land alienation will remain effective until further regulations on the governmental level are adopted, but no earlier than January 1, 2018. Adoption of decision on land issue had not been expected to be put…
The Finance Ministry of Belarus forecasts that the country’s state debt will grow to 42% of the GDP by late 2016. Vice Minister of Finance Yuri Seliverstov made a statement to this effect at the conference “The Role of the Export-Import Agency in the Belarusian Economy” on October 7, in Minsk. Belarus’ state debt now…
In January-August Belarus decreased the import of merchandise and services by 10.9% YoY to $18.978 billion, according to the latest statistics released by the National Bank. In January-August Belarus’ foreign trade totaled $38.1 billion, down by 12.7% YoY. Belarus’ exports amounted to $19.159 billion (down by 14.4%), with imports at $18.978 billion (down by 10.9%).…