News/Press

Officials cutting ribbon
On the 19th of June, 2017 the Calarasi Business Incubator was officially opened in the presence of Mr. Octavian Calmic, Deputy Prime-Minister, Minister of Economy of the Republic of Moldova, Mr. Aneil Singh, Head of Operations Section at the EU Delegation to Moldova as well as representatives of local and rayonal public administrations. The Calarasi Business Incubator is the ninth Business...
The role of SMEs and their Business Support Organisations (BSOs) in Belarus was the focus of a week of seminars and round tables in Minsk from 10 to 14 July. The events were organised by the Republican Union of Employers (BelUE) as part of the EU4Business East Invest 2 project. They aimed to support BSOs in participating in public-private dialogue (PPD) and to raise awareness of the need for...
EU and EaP flags
Belarus thinks it is necessary to revitalize the project activity within the framework of the Eastern Partnership (EaP), Belarusian Deputy Minister of Foreign Affairs Oleg Kravchenko noted at the 9th annual Eastern Partnership Foreign Ministers' meeting in Chisinau on 10 July. When speaking during the panel session, Oleg Kravchenko presented Belarus' vision of the prospects for multilateral...
The 4th Eastern Partnership Business Forum will take place in Tallinn, Estonia, on 26-27 October 2017.
Innovative technologies, e-commerce and the digital economy will form the focus of the 4th EaP Business Forum in Tallinn, Estonia, on 26-27 October 2017. The forum is a precursor to the Summit between EU and Eastern Partnership countries, which this year takes place in Brussels on 24 November. The business forum will be opened by Johannes Hahn, European Commissioner for European Neighbourhood...
The round table was organised under the EU4Business project, Forbiz, aimed at improving the business environment in Ukraine, and involved the country’s Better Regulation Delivery Office (BRDO).
Spending on energy represents a growing share of SME costs in Ukraine, a round table on energy efficiency and SMEs heard in Kyiv on 5 July. Poor energy efficiency and energy saving measures is costing SMEs dear when it comes to their competitiveness on the international stage, several speakers told the event, “Energy Efficiency and SMEs: New Regulation – New Opportunities” , at the IQ Business...
Participants at the Forbiz round table included representatives from mobile market players, the Ukraine government and industry associations.
Ukraine’s plans to introduce a mobile payment system (MPS) as part of a transparent cashless economy could prove a great success, a round table on the subject heard in Kyiv on 13 July. Some 15% of all subscribers are expected to be making payments through mobile devices within two years, according to research presented at the IQ Business Centre event, attended by mobile market players and...
Ukrainian farmers will be able to export more duty-free wheat and other cereals to the EU under an agreement that comes into effect end of September 2017.
The EU Council has agreed to expand zero-tariff trade quotas for a range of Ukrainian agricultural and industrial products. The measure is expected to result in increased revenues for Ukrainian companies of around €170 million over the next three years. The quota increases will come into force at the end of September this year and add to the trade provisions that have existed since 1 January 2016...
EU-Ukraine Summit in Kiev on 13 July 2017. Pictured, left to right: Donald Tusk, President of the European Council; Volodymyr Groysman, Prime Minister of Ukraine, and; Jean-Claude Juncker, President of the European Commission.
The EU and Ukraine have signed an Association Agreement, including a Deep and Comprehensive Free Trade Area, to come into force on 1 September 2017. The AA provides the blueprint for Ukraine's ambitious reform path and will foster trade and investment between the EU and Ukraine. The DCFTA has been operating provisionally for a year and has already seen significant growth in trade. EU is Ukraine’s...
Evening cityscape in Tbilisi
Since 2011, the European Investment Bank Group (EIB) and ProCredit have jointly improved access to long term finance for SMEs in Georgia. So far, 872 projects of small and medium businesses received EIB financing, totalling EUR 25 million, through ProCredit Bank Georgia. “Unlocking the potential of the private sector in Georgia through availability of affordable, long term financing for...
Farid Malikov (centre), executive director of PESI in Azerbaijan, visits a facility in Slovakia as part of his training with the Slovak Chamber of Trade and Industry  (Trenčín branch) in the frame of the BSO Exchange scheme as part of the East Invest 2 programme of the EU4Business initiative.
The Slovak Chamber of Trade and Industry (Trenčín branch) has been helping an Azerbaijani business association understand better how it can contribute to creating a successful vocational education and training (VET) system in Azerbaijan. Farid Malikov, executive director of the Partnership for Economic and Social Initiatives (PESI) in Azerbaijan, an independent think tank on the market economy...