Armenia’s economic activity index decreased by 4.7% YoY in July. This is a record figure. A decline in the country’s economic activity has not been observed yet in 2016. Just two weeks ago, Armenia’s Prime Minister Hovik Abrahamyan summed up the figures for the H1 at a cabinet meeting and was satisfied with the 4%…
Ashgabat hosted a meeting to discuss the concept of Turkmenistan’s chairmanship at the International Fund for saving the Aral Sea (IFAS), the Turkmen government said in a message. Turkmenistan’s activity will focus on the fight against the consequences of the Aral crisis and preventing the degradation of ecosystems in the Aral Sea region, conservation of…
The Asian Development Bank (ADB) has approved of the fourth tranche worth $75 million as part of the ‘Azerbaijan: Water Supply and Sanitation Investment Program’, said a message posted on the bank’s website. According to the message, the first three tranches of the multi-tranche financing facility (MFF) financed construction of water networks in Goychay, Agdash…
Tajikistan must look to deepen its industrial base, improve the productivity of its agricultural sector, and reduce barriers to private investment to remain on a high growth path, says a new Asian Development Bank (ADB) report that was presented in Dushanbe on August 19. The country diagnostic study, Tajikistan: Promoting Export Diversification and Growth, takes…
Moscow will host the 11th edition of the international conference Eurasian Integration on November 11, the press center of the Eurasian Development Bank (EDB), the organizer of the forum, reported. The conference will attempt to find ways to promote Eurasian integration. “This year, the conference will discuss matters of strategic cooperation in key economy sectors…
Uzbekistan and Switzerland signed an intergovernmental agreement on realization of a project “National management of water resources in Uzbekistan”. Deputy Minister of Agriculture and Water Management of Uzbekistan Shavkat Hamraev and Extraordinary and Plenipotentiary Deputy Ambassador of Switzerland in Uzbekistan Thierry Umbehr signed the document. According to information service of the ministry, Switzerland will issue…
Pinsk-based clothing manufacturing and trading association Polesye has recently increased its exports to Kazakhstan and Russia through its schoolwear supplies, Sergei Kasperovich, head of the company’s export department, reported. About 35,000 back-to-school items produced in Pinsk will go to Russian regions this summer. Polesye school clothes are on sale in stores of Moscow, Saint Petersburg,…