The Eastern Partnership Index 2015-2016 charts the progress made by the six Eastern Partnership countries towards sustainable democratic development and European integration.
Monthly Archives January 2018
RAEX-Europe confirmed Belarus' sovereign government rating at ‘B-' and upgraded the credit climate rating to ‘CCC+'.
A consortium of Canadian companies seeks to support the creation of a joint project with Ukraine to install "green" power units in Luhansk region, which would allow stabilizing supply of electricity in this region.
The United States will provide Moldova, during four years, with $11.2 million for the implementation of the programme, Structural Reforms for Business Environment, - a project launched in Chisinau today. The funds will be offered to facilitate the trade, improve the business environment, system of procurements, as well as the strategic communication.
Caspian Innovation Center LLC, a joint venture of the Azerbaijan’s state oil company SOCAR and the US corporation IBM, has passed the state registration.
According to Azerbaijan’s State Customs Committee, trade turnover with the EU countries amounted to $9.4 billion in 2017 that is by 52.35 percent more than in 2016. EU countries have invested about $15 billion in the Azerbaijani economy since 2012, reports Azerbaijan’s Economy Ministry.
A 5-star Hilton Tbilisi hotel is coming to Georgia’s capital city, bringing new life to an old Soviet era building, which soon will be transformed into a modern hotel. The construction of the hotel is due to be completed in 2019, while the hotel will open its doors in 2020.
Uzbekistan to receive $200 million from World Bank to improve energy efficiency of industrial enterprises
Industrial enterprises in Uzbekistan will be able to improve energy efficiency and productivity, thanks to the Energy Efficiency Facility for Industrial Enterprises Project - Phase 3, approved by the World Bank’s Board of Executive Directors. The Project will be financed by a $200 million loan from the International Bank for Reconstruction and Development.
Farmers and agribusinesses across Uzbekistan will receive more technical and financial support, leading to the creation of thousands of new and better jobs, thanks to the Additional Financing - Horticulture Development Project approved yesterday by the World Bank’s Board of Executive Directors.