Ukraine: Ukrtransnafta to pump Urals oil from Odessa-Kremenchuk oil pipeline

Public joint-stock company Ukrtransnafta has made arrangements with public joint-stock company Ukrtatnafta (Kremenchuk oil refinery) on the transshipment of Urals crude oil pumped from the Odessa-Kremenchuk oil pipeline to railway tankers to transport it and pump it to the second line of the Druzhba oil pipeline, First Deputy Director General of Ukrtransnafta Andriy Pasichnyk has reported

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Estonia: administrative reform continues merging 231 municipalities to 75

Estonia’s sweeping administrative reform continues, as local governments were asked to agree on mergers so that no less than 5 thousand would live per municipality

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Belarus and Pakistan mull over joint ventures

Ambassador Extraordinary and Plenipotentiary of Belarus to Pakistan Andrei Yermolovich met with Tariq Fatemi, Minister of State for Foreign Affairs, Special Assistant to the Prime Minister of Pakistan, to discuss a wide range of matters of bilateral cooperation and review the status of implementation of the agreements signed during top-level visits, the press service of the Belarusian Ministry of Foreign Affairs reported

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Belarus: international financial reporting and accounting standards adopted

The international financial reporting standards (IFRS) and international accounting standards (IAS) are now in effect in Belarus. The step is stipulated by the joint resolution issued by the Council of Ministers of Belarus and the National Bank of the Republic of Belarus on December 30, 2016

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Ukraine: premier notes rise in customs revenues in 2016

Bringing order at the customs provided the receipt of an additional 18 billion UAH to the national budget of Ukraine in 2016, including a record high overfulfillment in December 2016 for 4 billion UAH, Prime Minister Volodymyr Groysman has said

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Kazakhstan: wheat exports up in November 2016

Wheat exports from Kazakhstan continued growing in November 2016. Kazakh wheat exports totaled 415.3 KMT in the third month of the season, up by 25% YoY

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Belarus: Amkodor to raise output in 2016

The Belarusian mechanical engineering company Amkodor will raise its output by 65-70% in 2016 over 2015, the press service of the enterprise quoted Amkodor’s Deputy Director General for Economy and Finance Yelena Maximova as saying

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Uzbekistan: tax on property of individuals goes up

The Uzbek government set new tax rates for property owned by individuals on January1, 2017 under the Presidential Decree ‘On forecasts for major macroeconomic indicators and parameters for state budget of the Republic of Uzbekistan for 2017′

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Kyrgyzstan: car registration price rises

The order “On approval of the wage scale assessment of motor vehicles, applied during the initial registration and re-registration of motor vehicles for 2017”, has come into effect, the State Registration Service reports

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Kyrgyzstan: government forecasts 4% annual inflation in 2017.

Since January 1, the basic rate of excise duty on tobacco products increases. Kyrgyz President signed the law on March 10, 2015. According to the document, the basic rates of excise duty in Kyrgyzstan will be gradually equalized with the rates in other countries of the Eurasian Economic Union

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Turkmenistan building big gas & chemical complex

90% of the work has been completed at the polyethylene and polypropylene production complex, which is being built in Turkmenistan’s Balkan region

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Ukraine: seaports cargo handling down in 2016

Ukraine’s seaports in 2016 handled 131.99 million tons of cargo, down by 8.9% YoY, reads a report from the Ukrainian Sea Ports Authority

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