Ukraine to suspend certain exports

EOR service Ukraine

The Cabinet of Ministers of Ukraine has amended the quotas on products subject to licensing, resetting quotas for the export of a number of food products. According to Ukrinform, this is stated in Government Resolution No.207 of March 5. In particular, quotas on exports of livestock, frozen beef, meat, and meat offal, rye, oats, buckwheat, … Read more

Issues of customs and logistics infrastructure discussed at meeting of Operational Headquarters for anti-crisis measures

eor service Kazakhstan

On March 08, at the regular meeting of the Operational Headquarters for Anti-Crisis Measures chaired by the Prime Minister of the Republic of Kazakhstan Alikhan Smailov, issues in the field of customs were considered. First Vice Minister of Finance of the Republic of Kazakhstan Marat Sultangaziyev reported on the measures taken to develop the customs … Read more

Medication imports from Turkey have reduced prices by 60-80%, PM says

eor georgia

General prices for medicines on the Georgian local market have been reduced by 60-80 percent following the import of medications from Turkey, Georgian Prime Minister Irakli Garibashvili said earlier today. The Government head said the import of medical drugs from Turkish-based producers, an initiative aimed at effecting a reduction of costs locally, had forced down … Read more

Kazakhstan seeks to boost cargo transportation to Azerbaijan

EOR Kazakhstan IOR Azerbadijan

Kazakhstan is working on increasing the volume of transportation via the Trans-Caspian International Transport Route to Azerbaijan and Georgia, Day.az has reported. This was stated at the meeting of the Kazakh operational headquarters for anti-crisis measures. In response to business concerns about the transportation of Kazakh cargoes, Kazakhstan Railway Operator Chairman Nurlan Sauranbayev stated that … Read more

Iranian companies to participate in construction of transit road in Armenia

Iranian EOR IOR DDP Service

Iranian Minister of Industry, Mine and Trade Reza Fatemi Amin hails his visit to Armenia as constructive, saying Tehran and Yerevan agreed on launching joint ventures, the Embassy of Iran in Armenia said in a news release. “We have clinched new agreements with Armenian officials on joint production of pharmaceutical products and home appliances based … Read more

Georgian wine export reached 107 mln bottles with the support of the EU and FAO.

The training with the participation of twenty grapevine producers was held in January in a traditional winemaking region of Georgia, Kakheti.
It was conducted by a Spanish international expert in phytosanitary problems of grapevines, Julio Prieto. He represented the Ministry of Agriculture of Spain. The training was a part of the EU4Business program and was supported by the EU and FAO.
The EU and four UN Agencies launched EU Innovative Action for Private Sector Competitiveness in Georgia in 2019 with a budget of EUR 5 million.
The aim of the project is to strengthen the capacities of government and local entities to enhance and manage clusters. It will lead to the development of enterprises and business sophistication. The support and strategic investments together with closer connections with diaspora group will prove that these business strategies are effective.
The entire vineyard cultivation process and the complete cycle of grapevine production were covered by Mr. Prieto at this training. He started with speaking about growing saplings and finally ended with explanation of the right way of harvesting grapes.
General management of different kinds of vineyards, planning of pruning, fertilization, irrigation, organic grapevine production and Integrated Pest Management – all these topics were included in the learning sessions.
All winegrowers present were interested in the topic of Pest Management, because “Lobesia botrana” or “European grape worm” is a common problem.
The method of mating disruptive pheromones hasn’t shown good results because of poor technical guidance.
The commitment of the EU and FAO is the support of Georgian agricultural wine producers and increasing of the sector’s competiveness, profit and resistance to challenges.
The international experience of dealing with the problem of the vine worms was interesting to hear. Giorgi Rukhadze, owner of George Grey Winery, said that a lot of new information had been provided even for the most experienced winegrowers. He also added that it contained knowledge essential for newcomers to avoid many problems.
Javier Sanz Alvarez, the coordinator of EU-FAO Program, stated that grapevines were extremely economically and traditionally important for Georgia, so, the commitment of the EU and FAO was the support of Georgian agricultural wine producers and increasing of the sector’s competiveness, profit and resistance to challenges.
The profit brought by wine exports from Georgia equaled to $250 million (107 million bottles). It showed 359% growth compared to 2012, when the country exported only 23 million bottles and received $71 million of income.
In 2021, Georgia exported more wine and profited by 16% more than in 2020.
Brandy export also increased by 30% compared to 2020 and 554% compared to 2012 (42.2 million bottles). The brandy export earnings grew by 19% (78.3 million).
The export of chacha reached 1 million bottles (up 145% compared to 2020, up 622% compared to 2012). It brought profit equal to $2.6 million (up 126% compared to 2020).
The exports grew in strategic markets: Poland 34% (7, 003, 031), China 29% (5, 934, 937), US 19% (1, 084, 278), Germany 28% (892, 348), Latvia 19% (1, 900, 519), Lithuania 45% (986, 740), Japan 12% (197, 638) and the UK 71% (736, 391). Russia was the main consumer of wine – 62, 115,759 bottles.
For the first time in the history the USA imported more than 1 million bottles of Georgian wine. It was stated that 442 companies exported the wine from Georgia, compared to 120 in 2012.
The overall exports of alcohol brought profit equal to $400 million (up 18% compared to 2020 and up 142% compared to 2012).
According to the Ministry of Agriculture and Environment protection, the exports of Georgian wine reached 5.3 million bottles in January 2022 (up 51% compared to January 2021) and the total profit reached $11.6 million (up 43%).
The National Wine Agency implies measures in order to promote its production on strategic markets: Poland 103%, China 514%, Lithuania 114%, USA 245%, Latvia 22%, Estonia 102%, Japan 482%, and the United Kingdom 35%.
These markets also showed a significant increase: Ukraine 93%, Kazakhstan 106%, the Netherlands 74%, Sweden 234%, Russia 34%, Mongolia 23%, etc.
According to the state agency, 12,123 companies exported Georgian wine.

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Statistics Committee names Uzbekistan’s top foreign trade partners

The State Statistics Committee has announced Uzbekistan’s TOP-10 foreign trade partners. According to the committee, in January 2022, the foreign trade turnover of the republic amounted to $3.5 billion. Top trade partners of Uzbekistan: China – $621 million, exports – $157.1 million, imports – $463.8 million Russia – $573.3 million, exports – $180.7 million, imports … Read more

NBU bans all transactions with Russian, Belarusian currencies

EOR logistics Russia

Authorized institutions have been banned from conducting any foreign exchange transactions using Russian and Belarusian rubles, as well as with the participation of Russia and Belarus. That’s according to amendments to the resolution “On the operation of the banking system during martial law,” Ukrinform reports. “It is prohibited for authorized institutions to carry out any … Read more