Kazakhstan plans to start fuel oil exports from Georgia's Batumi terminal in May, diverting some 700,000 tonnes from Baltic Sea ports, mainly in Estonia, by the year-end as it seeks to cut its costs and transit risks, Äripäev reported with reference to Reuters.
Estonia continues negotiations with Latvia and Lithuania in the Rail Baltic project aimed at finding a workable solution.
The United States European Command announced yesterday that it would bolster military presence in the Baltics including Estonia by sending one airborne company to each country.
Estonian Tax Authority has spent hundreds of thousands of euros in preparing to adopt a system aimed at processing declarations of business transactions that exceed 1,000 euros.
Average labor costs in Estonia were 9 euros per person per hour in 2013, up from 8.4 euros in 2012, according to Statistics Estonia.
Estonia’s Ministry of Economic Affairs and Estonian Investment Agency (EAS) are hosting a delegation from the Ministry of Trade and Industry Singapore, led by Lee Ark Boon, Deputy Secretary for Trade, with a focus on Estonia’s ICT sector and business climate.