Tajikistan: remittance flows reportedly down in H1 2016

In the first half of this year, remittance flows from the Russian Federation to Tajikistan have declined by 22.1% YoY, Jamshed Nourmuhammadzoda, the head of the National Bank of Tajikistan (NBT), announced at a news conference in Dushanbe on July 25

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Uzbekistan: scientific and technical center to be established under Uzbekenergo

The Decree of the President of Uzbekistan “On measures on further improvement of scientific and technological activities in the electricity sector” made a decision to establish Scientific and technical center in the form of a limited liability company under JSC “Uzbekenergo” on the basis of the abolished Institute of energy and automation of the Academy of Sciences of the Republic of Uzbekistan

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Azerbaijan: volume of insured deposits up in Q2 2016

Total volume of individuals’ deposits in Azerbaijani banks amounted to 7.76 billion manats according to the results of Q2 2016, and the volume of insured deposits – to 5

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Uzbekistan: Uzvinprom-holding output up in H1 2016

Enterprises of Uzvinprom-holding produced industrial goods in comparable prices for 658.395 billion soums in the first half of 2016, up by 4

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Uzbekistan: 1.17 million passengers transported by air in H1 2016

Uzbekistan Havo Yollari (Uzbekistan Airways) transported 1.17 million passengers in the first half of 2016, the press service of the Uzbek airline said

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Uzbekistan: Havo Yollari to start using Boeing 787 Dreamliner

Uzbekistan Havo Yollari (Uzbekistan Airways) will start exploitation of the first airplane Boeing 787 Dreamliner from September. According to the airline, the company holds preparation to exploitation of two airplanes of Boeing 787 Dreamliner model, first of which will arrive in Uzbekistan in August

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Uzbekistan: companies issue shares for 14 trillion soums

Center for coordinating and developing securities market registered 119 emission of shares with total volume of 13.9 trillion soums on par value

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Azerbaijan achieves significant progress in financial transparency

Azerbaijan has made significant progress in financial transparency, said the report of the US Department of State. “Azerbaijan made significant progress during the review period by publishing more detail on planned expenditures, including allocations to state-owned enterprises”, said the 2016 Fiscal Transparency Report

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Russia: throughput of Multipurpose Reloading Complex (Ust-Luga) down in H1 2016

In January-June LLC “Multipurpose Reloading Complex” (MRC) in port of Ust-Luga (Leningrad region) handled 1.98 million tons of cargo, down by 3% YoY

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Uzbekistan: Tarraqiyot street to be launched in August

Reconstruction of overpass, passing Tarraqiyot street, will be completed soon in Tashkent, Uzbekistan Temir Yollari (Uzbekistan Railways) said in a statement

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Azerbaijan: SOCAR continues pumping oil via Baku-Novorossiysk pipeline

Azerbaijan’s state oil company SOCAR continues to pump oil via the Baku-Novorossiysk pipeline as scheduled. “Pumping of August volumes of oil started this morning (August 1), and we haven’t received any information on its suspension so far”, the company said

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Azerbaijan: no progress in gas storage project in Georgia

Azerbaijan’s state oil company SOCAR doesn’t see progress in the project for construction of an underground gas storage facility in Georgia for the present, a source in SOCAR said

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Azerbaijan: SOCAR and Total activate work on major gas field

Azerbaijani state oil company SOCAR and French Total have activated work on the development project of the Absheron gas field in the Caspian Sea, a source on the oil and gas market of Azerbaijan said

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Russia: railways network loading up in January-July 2016

In January-July the network of Russian Railways loaded 703.9 million tons, up by 1.8% YoY, the company’s press center says. In the reported period the railways shipped the following goods: coal – 187

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Uzbekistan: overpass with 150 degree radius constructed in Tashkent

Automobile overpass with the radius of 150 degree, constructed in crossroads of Muqimi and Shota Rustaveli streets in Tashkent, will become the first such artificial building in Uzbekistan

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Azerbaijan: Moody’s confirms issuer rating

The international ratings agency Moody’s Investors Service has confirmed Azerbaijan’s long-term issuer and senior unsecured debt ratings at Ba1 and assigned a negative outlook

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Russia: LSP-2 support block complex towed along the Volga-Caspian Shipping Canal

On August 1, a transition of tow caravan consisting of 4 tows and LSP-2 support block complex placed on a floating pontoon started from the seaport of Astrakhan towards the point of destination – V

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Tajikistan: IsDB expected to invest in nine development projects

Tajik President Emomali Rahmon met in Jakarta, Indonesia with the Islamic Development Bank (IsDB) President Dr. Ahmad Mohamed Ali on the sidelines of the 12th World Islamic Economic Forum (WIEF)

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Uzbekistan: ELSIB ships electric engines

Russia’s ELSIB shipped the fifth electric engine to Uzbekistan, the press service of the company said. The electric engine shipped to Takhiatash thermal power station

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Azerbaijan: double miles on AZAL flights between Baku and Berlin

Azerbaijan Airlines (AZAL) announced the launch of a new campaign on flights from Baku to Berlin and vice versa. AZAL Miles frequent-flyer program participants, who will purchase air tickets for flights on the above-mentioned route from September 6 to October 29, 2016, will be able to earn twice as much status and travel points

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Belarus: online sales of railway tickets to Europe begin

Belarusian Railways has started selling tickets to European countries online. For the sake of improving the quality of service and developing online sales of international service tickets Belarusian Railways has introduced a new technology to sell digital tickets on its website, explained the company’s press service

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Belarus: GDP growth rate to reach 101.5% in 2017

The growth rate of Belarus’ gross domestic product is expected to reach 101.5% in 2017 while inflation is supposed to make 9% at most. Prime Minister of Belarus Andrei Kobyakov made the statement during the session of the Presidium of the Council of Ministers held on 2 August to discuss the draft social and economic development forecast, the draft major monetary management guidelines, and the draft central state budget for 2017

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Azerbaijan plans to start laying rail lines to border with Iran

Azerbaijan Railways CJSC plans to start laying rail lines in mid-August within construction of a railway section from Azerbaijan’s Astara station to the border with Iran as part of the North-South transportation corridor, Nadir Azmammadov, spokesperson for Azerbaijan Railways, said

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Azerbaijan: 65 new projects for investment

Azerbaijan Export and Investments Promotion Foundation (AZPROMO) has updated the catalogue of Azerbaijan’s investment projects by including 65 projects, said a message from the country’s Economy Ministry

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Azerbaijan and Kazakhstan to launch new ferries

New ferries will be launched for freight traffic between Azerbaijan’s Baku International Sea Trade Port in Alat and Kazakhstan’s Kuryk port, which is being built, said a message from the CJSC Baku International Sea Trade Port

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Azerbaijan discussing projects in pharmaceuticals and car industry with Iran

Azerbaijan and Iran have discussed the projects for joint production of pharmaceutical products, cars and car spare parts, said the message from Azerbaijan’s Economy Ministry

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Uzbekistan: Agromir Juice to supply fruit juice and concentrates to India

Agromir Juice, a part of Uzbekoziqovaqatholding, will supply fruit juices and concentrates to India. The company has signed an export agreement with the Indian company Shriji International LLC valued at $716,300

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Russia: throughput of Rosterminalugol in January-July 2016

In January-July JSC Rosterminalugol (port Ust-Luga, Leningrad Region) handled 9.6 million tons of coal, which is nearly the same as in 7M’15, says the company

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Belarus: about 40 companies covered by Belarusian-Russian food quality program

About 40 companies from Belarus have taken part in the Belarusian-Russian program meant to monitor the quality and safety of food products, Director General of the Eurasian Agency for International Cooperation Alexander Olshevsky informed

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Russia: Power of Siberia-2 gas pipeline to come to Kazakhstan

The World Wildlife Fund (WWF) will lobby for a change in the route of the gas pipeline Power of Siberia-2 in order to preserve the UNESCO World Heritage Site Golden Mountains of Altai, WWF Russia’s extractive industry environmental policy officer Alexey Knizhnikov said

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