Arrival of a major brand stirs buzz and fuss around, but Depo in Lithuania has taken a different approach. If not for a couple of modest-size articles in local press, the residents of Klaipeda, where the Latvian hardware giant opened its first store, few would have noticed the coming. “Indeed, the whole opening they had…
In January-October the foreign trade deficit in goods in Ukraine totaled $2.089 billion against $397.1 million of proficit in the same period last year, the State Statistics Service of Ukraine reported. In particular, in January-October the exports of commodities from Ukraine totaled $29.113 billion, down by 7.9% YoY. The import volumes of goods to Ukraine…
The share of the European Union in the balance of foreign trade of Ukraine has increased from 30% to 45% in two years. President of Ukraine Petro Poroshenko said this during his working visit to Ternopil region. “A deep and comprehensive free trade area with the European Union has started operating on January 1, 2016.…
The House of Commons of Canada has supported the ratification of a free trade area (FTA) agreement with Ukraine, according to the Deputy Minister of Economic Development and Trade, Ukraine’s Trade Representative Natalia Mykolska. “The lower house of the parliament of Canada unanimously supported the ratification of the FTA agreement between Ukraine and Canada”, she…
Ukraine is interested in increasing imports of coffee, tea, exotic fruit and nuts from Kenya, and Kenya, in its turn, is interested in supplies of Ukrainian grain, flour, apples, juice concentrates, seeds and fodder for poultry and fish farming. These issues were discussed during an official visit of the Ukrainian delegation headed by Deputy Economic…
The government of Belarus and the Russian state corporation “Bank for Development and Foreign Economic Affairs” (Vnesheconombank) plan to sign a memorandum of understanding to set up an integration development platform. The relevant decision is laid down by Council of Ministers’ executive order No. 994 of December 5. The document will be signed to promote…
Azerbaijan plans to send its first trade mission to Pakistan in late January – early February 2017, Azerbaijani Economy Minister Shahin Mustafayev said. “The purpose behind sending the mission is to expand bilateral trade with Pakistan”, Mustafayev said. Azerbaijan has been sending trade missions to various countries since November in order to increase its exports.…