UZBEKISTAN RAILWAYS TRANSPORTS 4.9M PASSENGERS IN 1Q

Uzbekistan Temir Yollari (Uzbekistan Railways) transported 4.9 million passengers in the first quarter of 2016, the First Deputy Chairperson of the Board of the company Davron Dehkanov said. He said that the company transported 16.7 million tonnes of cargo in the reporting period, which rose by 100,000 tonnes compared to the same period of 2015.…

UKRAINE: EBRD READY TO FINANCE UPDATING OF UKRZALIZNYTSIA ROLLING STOCK

The European Bank for Reconstruction and Development (EBRD) is ready to finance the renewal of Ukrainian railways’ rolling stock, EBRD Senior Banker in Ukraine Mark Magaletsky has stated. “From the point of view of private business, the situation is difficult here. This is due to a lower cargo turnover, devaluation and other factors. Meanwhile, the…

UKRAINE CAN STIMULATE ARRIVAL OF LOW-COST AIRLINES TO COUNTRY

Ukraine’s Infrastructure Ministry is working on a program to stimulate the arrival of low-cost airlines to the country, foreseeing the provision of benefits to them, Minister Volodymyr Omelyan has said. “We’re working on a program to additionally pay to low-cost airlines, or to provide them with benefits,” he said at a meeting with members of…

UKRAINE: JOINT AIR SPACE AGREEMENT WITH EU COULD BE SIGNED IN JULY – OMELIAN

An agreement on a joint air space between the EU and Ukraine could be signed in July 2016, Ukraine’s Minister of Infrastructure Volodymyr Omelian has said. “We have a serious issue of signing the agreement with the EU. We’ve got a new date from Brussels – July 2016. This is the last date I believe…