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Economy

This category contains 164 posts

‘Smart’ money moving to ‘green’ financing, reveals new UN report

14 July 2017 – Even though investments towards sustainable development in developing countries have fallen short by nearly $2.5 trillion each year, emerging financial products and encouraging policies illustrate that both public and private sectors are serious about correcting that trend, the United Nations environment arm has said. In its new report on green finance, […]

Turkmenistan revives the phenomenon of the Great Silk Road in transport strategy

The railway and automobile bridges of Turkmenabat-Farab were put into operation, becoming a significant element of the country’s transport infrastructure, reviving the Great Silk Road in its new quality. Thus, the territory of Central Asia, step by step, becomes one of the most important transport and transit crossings of the continent. The railway bridge has […]

Renewable energy sources could be cheaper than fossil fuels within 10 years – UN-backed report

3 April 2017 – A new United Nations-backed report has revealed overwhelming consensus that renewable power will dominate in the future, with many experts saying that even large international corporations are increasingly choosing renewable energy products either from utilities or through direct investment in their own generating capacity. “[The report] is meant to spur discussion […]

GOOD NEWS FROM UKRAINE by Maxim Nefyodov First Deputy /Minister of Economic Development and Trade in Ukraine

ProZorro’s succesfull show case may offer GPA members an effective solution to reducing barriers in international procurement The world is now used to hearing disturbing news from Ukraine. However, today we are pleased to have something positive to share. Ukraine has developed an electronic system ProZorro – an effective modern solution to the important issue […]

Construction on gas-chemical complex in Ovadandepe is in full swing

            On January 30, 2017 during his working trip to Ahal Region, the President of Turkmenistan Gurbanguly Berdimuhamedov visited to Ovadandepe the town of near Ashgabat where construction of the plant on production of gasoline from natural gas being conducted. Joint efforts of the “Turkmengaz” State Concern and Consortium established […]

Turkmenistan is adjusted to export further natural gas to Iran though “one good turn deserves another”

The Iranian side made a right choice, having suspended judicial proceedings with the Turkmen side what declared the Head of the National Iranian Gas (NIGC) Company Hamid Reza Araki. The National Iranian Gas Company for an extended period, violating the “take or pay” principle, did not proceed of the Turkmen gas in due volumes. In […]

Support for eTIR as the future of global transit

Geneva, 1 November 2016 – The digital eTIR system has been endorsed as the future of TIR – the only global cross-border transit system – with the first pilot project between Turkey and Iran hailed a resounding success.   The benefits of eTIR have been recognised at recent high level United Nations meetings. Strong support […]

The global treaty behind your mobile communications celebrates its 110th anniversary

Geneva, 12 December 2016 ITU paid tribute today to 110 years of international cooperation among its members states on the ITU Radio Regulations, an international treaty for governing the use of the radio-frequency spectrum and satellite orbits for ubiquitous wireless communications. The ITU Radio Regulations ensure interference-free operations of radiocommunication systems and provide all countries […]

Ground-breaking UN-supported digital tool to enhance green finance

20 January 2017 – The United Nations environment agency and a the leading Chinese online financial service provider today rolled out an innovative programme at the World Economic Forum Annual Meeting in Davos, Switzerland, aiming to stimulate the advancement of digital technologies in green finance. The ground-breaking imitative, the ‘Green Digital Finance Alliance,’ is a […]

President of Uzbekistan: prosecutors should help and support businesses and ensure human interests

President of Uzbekistan Shavkat Mirziyoyev met with a group of employees of prosecution bodies on 7 January to congratulate them with their professional holiday. A law was signed on 19 December 2016 establishing 8 January as the Day of workers of prosecution bodies of Uzbekistan. He congratulated workers of the prosecutors’ bodies of Uzbekistan with […]