Belarus will actively use Russian sea ports for cargo transshipment, Belarusian Minister of Foreign Affairs Vladimir Makei said at a press conference in Minsk on 16 February, BelTA has learned. “Believe me, these are not some fairy tales, not some castles in the sand. Work is underway to actively use Russian ports for transshipment of … Read more
Azerbaijan’s Minister of Economy Mikayil Jabbarov has met with Roman Smirnov, director for the Caucasus and Central Asia of “Iveco Truck & Bus” (IVECO), to discuss prospects for economic cooperation. During the meeting, the sides also reviewed the projects to be implemented in the industrial parks. Source: Link
Chairman of the State Revenue Committee of Armenia Rustam Badasyan welcomed the delegation led by Head of the Revenue Service of Georgia Levan Kakava at the Bagratashen customs checkpoint. Mr. Kakava arrived in Armenia on a working visit, the SRC said in a press release. Rustam Badasyan and Levan Kakava toured the checkpoint, got acquainted … Read more
Integration helps Russia and Belarus effectively resist Western sanctions, says ambassador.
Due to reduction of gas prices granted by Russia, Belarusian production has become cheaper and more competitive.
An effective resistance to Western sanctions is possible because of an intensive integration of Russia and Belarus in the frames of a Union State, according to Russia’s Ambassador to Minsk Boris Gryzlov.
He noticed that this policy of sanctions makes counties collaborate more closely to become more confident.
A lot of Belarusian businesses are present on Russian market and take part in the Russian State order. This makes Russian producers pay more attention to the quality of their goods and services. It helps the both sides to develop.
According to the ambassador, lower prices on gas for Belarusian businesses gave them the possibility to make their production cheaper and more competitive.
The project of unification of tax and customs legislation in 2022 was mentioned by the head of the Russian diplomatic mission in Minsk.
He also said that there were plans to make a “joint integrated entity to control taxes”. He added that in 2023 Russia and Belarus want to organize one oil and electricity market.
The electric power industry granted to the Belarusian GDP a 14% growth because of the introduction of the first unit [of Belarusian Nuclear power plant] in operation. It means that we have a united electricity market.
Some European states reject Belorussian electricity, but our two counties can consume it themselves, so, a common electricity market is needed.
Link
The Tashkent International Investment Forum (TIIF) will be held in Tashkent on March 24-26, the Ministry of Investments and Foreign Trade reported. It had been scheduled to take place in March 2020 but was postponed due to the coronavirus situation. TIIF is a new platform for discussing and implementing strategic initiatives, as well as to … Read more
Like many companies, Pickering’s Gin have faced supply chain disruption and rising prices during the pandemic The low point for Matt Gammell, co-founder of Pickering’s Gin, came last spring when he got down to his last pallet of glass bottles. A longstanding order with a European glass maker was cancelled at short notice, and the … Read more
In 2021, the share of agriculture in Ukraine’s GDP was the highest among all sectors of the economy and amounted to more than 10%, Minister of Agrarian Policy and Food of Ukraine Roman Leshchenko wrote on Telegram. “Agriculture showed the highest increase in production in 2021 – 14.4%. According to the results of the year, … Read more
In that city, the Prime Minister of Serbia, Ana Brnabić, met with the founder and CEO of the World Economic Forum (WEF), Klaus Schwab, and Børge Brende, the President of the World Economic Forum. The meeting at the WEF headquarters was followed by the signing of the Agreement on the Establishment of the World Economic … Read more
The ambassador noted that Russia has granted Belarus significant discounts on gas prices, and as a result, Belarusian manufacturers have the opportunity to reduce the cost of production, which increases its competitiveness The intensive integration of Russia and Belarus as part of the Union State helps Moscow and Minsk more effectively resist Western sanctions, Russia’s … Read more
Power suppliers working on the Moldovan energy market must import electrical energy minimum from two sources, as per the amendments to the corresponding legislation that were voted for on Thursday by 57 parliamentarians representing the ruling Party of Action and Solidarity and by one representative of the opposition bloc of Communists and Socialists. The law … Read more