Poland and Ukraine: how trade partnerships can be mutually beneficial

Post-war economic cooperation between the two countries could become an important factor in the development of the entire region Trade between Ukraine and Poland is showing steady growth despite periodic disagreements. In 2025, Ukrainian exports to Poland increased by 7.5% to $5.1 billion, while imports from Poland increased by 15% to $8 billion. Poland has … Read more

Serbian President Vučić to Pay Official Visit to Kazakhstan This Week

President of Serbia Aleksandar Vučić will pay an official visit to Kazakhstan on Feb. 26-27 at the invitation of President Kassym-Jomart Tokayev. During the visit, the two Presidents will hold full-format high-level talks, reported Akorda. The Presidents are expected to discuss the current state and future prospects of Kazakh-Serbian relations, with a focus on strengthening … Read more

Geostat: Georgia’s foreign trade turnover down 23.6% in January 2026 compared with last year

According to Geostat, Georgia’s foreign trade turnover in January 2026 totalled $1.609bn, down 23.6% compared with the same period last year. Exports reached $480.4m, an increase of 19% year on year, while imports fell by 33.7% to $1.129bn. As a result, the country’s foreign trade balance remained negative, at $649.1m. The ten largest trading partners … Read more

TBC Bank General is the main sponsor of the International Logistics Exhibition and Forum hosted in Tbilisi

The International Transport and Logistics Exhibition and Forum will take place on March 12–13 in Expo Georgia in Tbilisi. It will be the second time the event takes place, with the support of TBC. Expo Georgia and consulting company Savvy organize the conference.
Support and development of a strategically important sector of the economy is the main objective of the international exhibition and forum. Local and international logistics companies, representatives of ports and railway operators, air carriers, investment and financial institutions, as well as import–export-oriented businesses will gether at the event.
Such key industry topics as the strategic importance of the Middle Corridor, development of the Zangezur route, sector challenges, investment attraction opportunities, and the dynamics of digital logistics development will be discussed during the two-day forum by participants.
Evidently, one of the strategic pillars of Georgia’s economy is the logistics sector. The reason is the country’s geographic location positions that link Europe and Asia. They increase Georgia’s transit potential and directly contribute to its economic activity. More than 6% of GDP account for the sector that showed stable growth in recent years.
Giorgi Darchiashvili, Director of Corporate Clients Services (Large and Medium Business) at TBC , acknowledges that logistics is a strategically important direction for TBC. He explains that the sector strengthens Georgia’s role in regional trade by uniting businesses involved in exports, as well as by supporting imports. Holding such events like this forum creates a platform for dialogue, knowledge sharing, and new partnerships, contributing to the sector’s sustainable long-term development. As a financial partner, TBC actively supports infrastructure projects, business expansion of its clients, and the implementation of modern technologies. This led to the growth of TBC’s logistics sector portfolio by 74% over the past three years and reaching GEL 436 million.

Georgia’s logistics sector has been demonstrating a steady development in recent years. So, its strategic importance for the country increases. This was the main motivation for launching the first exhibition and forum last year, which was highly successful. This year’s event is going to overcome the first one.
According to Resan Kikava, Director of Expo Georgia Today, it has already become an annual event and one of the most important industry platforms, bringing together local and international companies, investors, and industry professionals to share experience and jointly contribute to the development of the logistics sector in Georgia and across the wider region.
NH Logistics GEO has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Georgia and Eurasia, supporting many clients with their import/export shipments.

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Ukraine presented 26 organic exporters at BIOFACH 2026 in Germany

At the international BIOFACH 2026 trade fair in Nuremberg, Germany, Ukraine showcased its National Pavilion, where 26 companies highlighted the export potential of the country’s organic sector. According to Ukrinform, this was reported by the Ministry of Economy, Environment and Agriculture. The pavilion brought together producers from across Ukraine, presenting both organic raw materials and … Read more

President of Azerbaijan Visits Serbia: Trade Exchange Between the Two Countries 16 Times Higher Than in 2012

President Aleksandar Vucic stated that cooperation between Serbia and Azerbaijan is growing in all spheres of social life, adding that he discussed economic cooperation with Ilham Aliyev and that, compared to 2012, trade exchange between the two countries has increased sixteenfold. “Not 16 percent – you heard me correctly – 16 times higher than it … Read more

Tbilisi to Host International Logistics Exhibition and Forum – General Sponsor: TBC Bank

On March 12–13, Expo Georgia will host the International Transport and Logistics Exhibition and Forum in Tbilisi. Supported by TBC, the event will be held for the second time. The conference is organized by Expo Georgia and consulting company Savvy. The main objective of the international exhibition and forum is to support and develop a … Read more

Ports in Georgia and Indonesia fall under EU sanctions over Russian oil trade

A document seen by Reuters reports that the EU has proposed sanctioning ports in Georgia and Indonesia over their role in handling Russian oil.
Moreover, a proposal to broaden the European Union’s sanctions regime against Russia has been put forward. As a result, ports in Georgia and Indonesia that facilitate the handling of Russian oil became targets. 
In case of adoption, it will be the first case of blocking ports located in third countries.
Effectively, the proposal will add the Georgian port of Kulevi and Indonesia’s Karimun terminal to the EU’s sanctions list, prohibiting EU-based companies and individuals from engaging in any commercial dealings with either facility.
In general, these measures are part of the EU’s 20th package of sanctions against Russia.
The European External Action Service (EEAS) and the European Commission jointly prepared the package and formally presented it to EU member states on Monday.
As European Commission President Ursula von der Leyen said on Friday, the package would introduce sweeping sectoral restrictions and replace the Group of Seven’s price cap on Russian crude with a comprehensive ban on maritime services linked to Russian oil.
As Reuters reported earlier, Russia began shipping oil to Georgia’s Kulevi refinery shortly after the facility opened in October 2025.
According to LSEG and a trader, the outlet reported that the tanker Kayseri transported 105,340 metric tons of Siberian Light crude from Russia’s Black Sea port of Novorossiisk to the Kulevi Oil Terminal on Oct. 6.
Meanwhile, Georgia’s reliance on Russian energy imports remains heavy. Nearly $520 million worth of petroleum and petroleum oils were imported by the country from Russia in 2024, what equaled to roughly 40% of its total imports in that category.
Volumes rising sharply from late 2024 onward made Indonesia’s Karimun terminal, situated within a free trade zone near Singapore, a key transit point for Russian oil products.
According to ship-tracking data, since October of that year, the terminal has received Russian oil products every month. Also, onward shipments were sent to Malaysia, Singapore, and China.
In total, Karimun accepted about 217,000 metric tons (equivalent to roughly 1.6 million barrels) of Russian diesel in 2025.
NH Logistics GEO has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Georgia and Eurasia, supporting many clients with their import/export shipments.

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Ukraine records $9.9B trade turnover in January 2026

Ukraine’s trade turnover for January 2026 amounted to USD 9.9 billion, of which USD 6.7 billion was imports and USD 3.2 billion was exports. This was reported by the press service of the State Customs Service of Ukraine. “During January 2026, Ukraine imported goods worth USD 6.7 billion and exported goods worth USD 3.2 billion. … Read more

Kazakhstan, Serbia see surge in trade amid deepening ties

Kazakh Deputy Prime Minister –National Economy Minister Serik Zhumangarin held a meeting with Serbian minister without portfolio responsible for international economic cooperation Nenad Popović, Qazinform News Agency cites primeminister.kz. The talks highlighted the progressive development of Kazakh-Serbian relations, as well as the high-level political dialogue. Zhumangarin pointed out that Serbia is a close and reliable … Read more