Washington ProFile - International News & Information Agency - Economics, Business and Finance

Armenia: Best Place to Do Business in CIS

Thu, 03 Jul 2008 18:23:09 -0400

Armenia has the best climate for business out of all CIS countries according to a recent Forbes rating and is number 63 in a list of 121 countries.

The Power of Innovation

Fri, 02 May 2008 16:26:42 -0400

Dr. John Kao, author of best-selling Jamming: The Art and Discipline of Business Creativity and Innovation Nation talks about the 'silent Sputnik' facing the United States and the potential of post-Soviet countries to compete in the global innovation race.

Yushchenko Seeks to Strengthen Economic Ties with Libya

Tue, 29 Apr 2008 14:33:35 -0400

The President of Ukraine Viktor Yushchenko announced the necessity of widening the Ukrainian business presence on the Libyan market in a meeting with Libyan leader Muammar al-Gaddafi.

Turkmenistan Made Public Volume of Its Hydrocarbon Reserves

Tue, 29 Apr 2008 14:25:30 -0400

According to assessments of independent and Turkmen experts, Turkmenistan has 20.8 billion tons of oil and 24.6 trillion cubic meters of natural gas.

Belarus, Kazakhstan and Russia to Form Customs Union in 2008-2009

Tue, 29 Apr 2008 12:58:14 -0400

Belarus, Kazakhstan and Russia are forming a full-fledged Customs Union within the framework of the Eurasian Economic Community (EvrAeEC).

Agriculture Ministry: Kazakhstan’s Wheat Export Ban Won’t Harm Azerbaijan

Tue, 29 Apr 2008 12:57:02 -0400

According to Mamed Huseynov, deputy chief of the department of regulation of state food reserves and food security of the Ministry of Agriculture of Azerbaijan, the embargo on wheat export imposed by Kazakhstan will not influence prices on grain in Azerbaijan.

Over a Quarter of Russia and Belarus United State Budget Allocated For Military-Technical Cooperation

Tue, 04 Mar 2008 18:21:04 -0500

One billion forty six million Russian rubles, or 27 percent of the entire Union State budget, will be spent on cooperation in military technologies between Russia and Belarus.

Flights between Georgia and Russia Will Resume in March

Tue, 04 Mar 2008 18:14:33 -0500

Following the meeting of the Russian and Georgian presidents in Moscow on February 21, a political decision was reached on the resumption of direct flights between the two countries.

KAZAKHSTAN: Government Promises Aid to Flooded Regions

Tue, 04 Mar 2008 18:09:34 -0500

The government of Kazakhstan has promised to provide 500 million tenge for humanitarian aid and reconstruction in the wake of intense flooding in three regions of Southern Kazakhstan on February 21, which destroyed 300 buildings and damaged nearly 3,000.

Moldova’s Trade Deficit Reaches Record Levels

Mon, 03 Mar 2008 16:17:10 -0500

Moldova’s trade deficit reached $2.34 billion in 2007, a 43 percent increase from 2006.

Putin: ‘Widespread Derusification’ in Ukraine Will Not Affect Essential Areas of Cooperation

Mon, 03 Mar 2008 16:25:20 -0500

Vladimir Putin communicated to Victor Yushchenko, his Ukrainian counterpart, that “derusification was occurring in all directions of Russian-Ukrainian relations” during the meeting of the two presidents on February 12.

UN Appeals for US$25 Million to Aid Tajikistan in Brutal Winter

Mon, 03 Mar 2008 16:11:20 -0500

The United Nations made an urgent appeal on February 18 for $25.2 million in aid to meet the humanitarian needs of thousands of people in Tajikistan, which is experiencing its harshest winter in almost three decades, a situation exacerbated by energy shortages.

Iran Agrees to Build another Hydroelectric Station in Tajikistan

Mon, 03 Mar 2008 16:12:22 -0500

Iran is prepared to build another hydroelectric station in Tajikistan with a capability of 1,000 megawatts.

Turkmenistan Refuses Delivery of Natural Gas to Iran

Mon, 03 Mar 2008 16:38:17 -0500

The Iranian national gas company held an expanded conference of its leadership in Ahvaz in the province of Khuzestan. The assistant oil minister and acting director of the Iranian national gas company Seyd Riza Kasaizade discussed Turkmenistan’s motives behind the cessation of delivering natural gas to Iran.

Ukraine Resumes Export of Uranium

Mon, 03 Mar 2008 15:03:47 -0500

Ukraine began to once again sell its Uranium on the world market.