Kyrgyzstan hopes to get enough water to generate electricity

Light life of Kyrgyzstan directly depends on the water level in Toktogul reservoir. If there is a lot of water, there will be an uninterrupted supply of electricity, little water will result in rolling blackouts

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Russia: super nuclear power plant to be developed by 2027

Rosatom intends to develop the most cost-effective nuclear power plant (NPP) in the world by 2027, according to the corporation’s roadmap of innovative development until 2030

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Turkmenistan: air fleet enlarged with Boeing planes

Fleet of the Turkmenistan Airlines has been recently renewed with several Boeing aircraft, the Turkmen government said in a message. Turkmenistan received three Boeing 737-800 aircraft in 2013 and two Boeing 777-200 LR aircraft in 2014

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Turkmenistan building railway to Afghanistan

The Turkmenistan-Afghanistan-Tajikistan (TAT) railway, which is under construction, is intended to stimulate trade ties between the countries of the region, the Turkmen government said in a message

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Tajikistan: oil products output up in January-July 2016

Tajikistan has reportedly increased manufacturing of oil products over the first seven months of this year. According to the Agency for Statistics under the President of Tajikistan, about 70,000 tons of oil products have been manufactured in Tajikistan in January-July, up by 30

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Belarus: state-owned stake in Slootsk sugar refinery up

OAO Slootsk sugar refinery’s shareholders adopted a resolution on Aug 12, to increase the state-owned stake from 25.4% to 51%. The state-owned stake will be increased by means of issuing additional shares, which will be surrendered to the state

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Azerbaijan: 4,000 tons of AI-92 gasoline to be imported

Azerbaijan will import 4,000 tons of AI-92 gasoline in the coming days, the country’s state oil company SOCAR said in a message posted on its website

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Uzbekistan: presentation of tourist potential took place in Beijing

On August 15, Beijing (China) hosted a presentation of the tourist potential of Uzbekistan. The event organized by “Uzbektourism” jointly with the Association of private tourism organizations of Uzbekistan, Embassy of Uzbekistan in China with the support of the State administration of tourism of China and China Association for the promotion of friendship, was attended by the tourist organizations of Uzbekistan and representatives of business and civic circles, tourism companies and Chinese media

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Belarus: Hotel Belarus in Grodno to be sold

Grodno authorities are making preparations to convert the state-owned Hotel Belarus into an open joint stock company and sell a stake to an investor, Grodno Regional administration said

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Belarus: over 40 administrative procedures for businesses to be canceled

Proposals have been brought forward to cancel more than 40 administrative procedures for businesses, the press service of the Belarusian Economy Ministry reported

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Kyrgyzstan: Oil Traders Association to access petroleum market of Kazakhstan

Oil Traders Association of Kyrgyzstan asks to open access to the market of petroleum products of Kazakhstan, executive director of the association Ulan Kulov announced at the meeting on the problems of the fuel market

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Belarus: ASB Leasing cutting lease interest rate

ASB Leasing Ltd, the leasing arm of OAO Belarusbank, has reduced the interest rate for lease purchases of dwellings by individuals by 4% to 21% per annum

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Kyrgyzstan: investment projects to expand

Kyrgyzstan plans to expand the range of investment projects, the Prime Minister Sooronbay Jeenbekov announced at the meeting of Coordination Council on Macroeconomic and Investment Policy

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Kyrgyzstan: over $42 million owed to Russia for Upper Naryn cascade

Kyrgyzstan owes Russia more than $42 million for the Upper Naryn HPP cascade and Kambarata-1, Director General of Electric Stations JSC Taalaibek Tolubaev reported

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Kazakhstan to create favorable conditions for foreign business

Kazakhstan is concerned about the state of foreign businesses in the country, and is ready to create favorable conditions for them, the Minister of Foreign Affairs of Kazakhstan Erlan Idrissov said at a briefing for foreign diplomatic corps in Astana on

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Ukraine: Nexans starts constructing plant

Ukrainian President Petro Poroshenko took part in the ceremony to mark the start of construction work of a cable plant by France’s Nexans

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Russia: Vladmorrybport handling up in January-July 2016

Handling of cargo by JSC Vladivostok Sea Fishing Port (Vladmorrybport) in January-July increased by 44% YoY to 1,921,600 tons, the company said

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Uzbekistan: first buyers get Nexia

First buyers of the new car model Nexia have received keys to their automobiles, the press service of GM Uzbekistan said. Sales of new model of Nexia started in Uzbekistan on August 8

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Belarus: Great Stone and Suzhou industrial park ink cooperation agreement

The China-Belarus industrial park Great Stone and the Suzhou industrial park have signed a cooperation agreement, the press service of the Belarusian Ministry of Foreign Affairs reported

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Tajikistan: commercial opportunities with Afghanistan discussed in Dushanbe

Issues related to expansion of economic cooperation between Tajikistan and Afghanistan were discussed at a roundtable entitled “Commercial Opportunities of Tajikistan and Afghanistan” that took place in Dushanbe on August 16

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Belarus: 16 buildings at Rechitsapivo brewery to be auctioned

Belarus is due to hold an auction on September 8, to sell 16 buildings and some other property owned by Rechitsapivo brewery (Gomel region), the State Property Committee of Belarus said in a release

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Belarus: excise tax preferences for liquor producers extended

Belarus-based manufacturers of alcoholic beverages and beer are free to choose when to pay excise taxes to the state budget: after they ship goods to consumers, or after they receive payment for the goods shipped

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Belarus: GDP down in January-July 2016

Belarus’ gross domestic product (GDP) dropped by 2.7% YoY in January-July 2016 to 52.6 billion Belarusian rubles ($27.1 billion at the central bank’s exchange rate), an official with Belarus’ National Statistics Committee said

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Belarus: capital investments down in January-July 2016

Belarus’ fixed-capital investments and investments in construction dropped by 20.6% YoY in January-July to Br9.2 billion ($4.8 billion), the National Statistics Committee (Belstat) said in a report

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Belarus: Grodno Azot receiving German-made equipment for nitric acid plant

Belarus’ chemical company OAO Grodno Azot has been receiving equipment made by Germany’s ThyssenKrupp Industrial Solution to be installed at a new nitric acid plant, which is currently under construction, a Grodno Azot official reported

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Belarus: petrol supplies to Russia up in July 2016

Belarus’ petrol exports to Russia grew 19 times MoM in July to 27,034 tons, Kortes Business Analysis Centre said in a report citing railway transport statistics

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Belarus: potash exports to Poland up in H1 2016

Belarusian Potash Company (BPC) shipped 69,288 tons of potash fertilizers to Poland in January-June, up by 43% YoY. Potash export proceeds from Poland-bound shipments grew by 30% YoY, to $32

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Azerbaijan: SOFAZ’s yield from big oil project nears $120 billion

Revenues of the State Oil Fund of Azerbaijan (SOFAZ) from the project of development of the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields totaled $119

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Azerbaijan: customs duty on AI-92 gasoline import cancelled

Customs duty on AI-92 gasoline import has been cancelled in Azerbaijan for a period of 60 days, the country’s Cabinet of Ministers said

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Tajikistan: agricultural battalion set up in armed forces

An agricultural battalion has been set up in Tajikistan’s armed forces. An official ceremony of the establishment of the agricultural battalion that took place in Vahdat Township on August 17, was attended by the Prime Minister Qohir Rasoulzoda

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