Garibashvili and Nabiyev also noted Azerbaijan’s position among the top five trade partners of Georgia over the recent years. Photo: Government’s administration. Deepening bilateral cooperation was the subject discussed on Wednesday in a meeting involving the Georgian Prime Minister Irakli Garibashvili and Rashad Nabiyev, the Minister of Digital Development and Transport of Azerbaijan. The parties … Read more
The creation of new transport and logistics routes in the region will influence the further development of simplified (digitalized) cargo transportation, Deputy Head of the Institute for Strategic and Regional Studies under the President of Uzbekistan Akramjon Nematov said during a visit to the Baku International Sea Trade Port (Port of Baku), the port told … Read more
At Thursday’s Cabinet meeting, the government made a decision to apply a temporary ban on the export of a number of goods from Armenia. In particular, the export of unprocessed skin of cattle or equine animals, sheep, and lambs has been banned for six months. In the explanation of this decision, it is stated that … Read more
According to Secretary General of the Permanent Secretariat of the Intergovernmental Commission (PS IGC) TRACECA Asset Assavbayev, harmonization and easing of customs procedures has always been one of interests of TRACECA countries.
This statement was made during the first virtual workshop on customs issues along the routes (Europe-Caucasus-Asia).
The press service said that the harmonization and simplification of customs transit procedures, also mechanisms for systematic exchange of information between customs authorities were discussed by the Secretary General and the member countries of the Basic Multilateral Agreement on International Transport for Development of the Europe-the Caucasus-Asia Corridor (MLA) TRACECA.
According to the press service, the support and the simplification of customs procedures at border crossings and seaports along TRACECA in order to facilitate the movement of goods were the main objective of the seminar.
They also mentioned that multimodal transport through the territory of several countries, accompanied by modal shifts, characterizes TRACECA routes connecting Europe, the Caucasus and Asia.
Additional processing time is required for goods transportation through border crossings and seaports in TRACECA transit countries. Certain formalities related to paperwork and customs procedures are also needed for modal shifts.
According to TRACECA, the issues of permanent interest to its member states, which are striving to improve communication along the whole Europe-Caucasus-Asia corridor, are harmonization and simplification of procedures generally, improvement of the efficiency of customs transit regimes, simplification of customs formalities, optimizing of border crossing operations and improvement of the efficiency of seaports.
The need to simplify traffic and reduce border crossing times, which is important for the attractiveness of TRACECA corridor routes, was also noted by Assavbayev.
He said that one of the most important issues to be addressed in order to improve border crossing efficiency were customs procedures at border crossings and seaports, and the goal of facilitating international transport along our route can be significantly contributed to by the exchange of experience and harmonization of policies related to the implementation of international customs transit systems.
An overview of customs transit systems along TRACECA routes was proposed to be developed, and a meeting between member countries to be organized to gain access to a common transit convention. The research and consideration of simplified customs transit procedures in more detail was the result of the last seminar.
They also proposed the usage of advance cargo information, also the development of mechanisms for the systematic exchange of information between customs authorities in selected TRACECA countries (where such mechanisms currently do not exist) during the last seminar. The second workshop on customs issues in October 2022 will give the opportunity to discuss all these topics further.
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The State Statistics Committee has named the TOP-10 countries with the highest share in Uzbekistan’s imports in January-May 2022. The PRC topped the list during the reporting period with $2.7 billion, followed by Russia ($2.3 billion), Kazakhstan ($1.3 billion) and South Korea ($1.1 billion). The figures for other countries were rather modest, being a way … Read more
Ukraine and the European Union have signed an Agreement on Freight Transport by Road, which abolishes the need for permits for Ukrainian carriers to perform bilateral and transit traffic. According to Ukrinform, this was reported by the press service of Ukraine’s Ministry of Infrastructure. “Today in Lyon, France, Ukraine and the European Union have signed … Read more
The Eurasian Economic Community (EAEC) will secure for Serbia customs-free importing quotas for certain kinds of cheeses, alcohol tinctures and cigarettes for 2023, Russian media report. According to the draft decision of the EAEC, the customs-free quota of up to 400 tons a year will pertain to certain kinds of cheeses and butter. The quota … Read more
The Moldovan carriers of goods will be able to move on the territory of the European Union without authorizations. The measure is provided for in the agreement on the liberalization of goods transport with EU, signed by Deputy Prime Minister, Infrastructure and Regional Development Minister Andrei Spinu and Delegated Minister on behalf of the French … Read more
More than $147.5 million will be allocated by the development bank through lending facilities. On June 27, the Development Bank of Kazakhstan (DBK) announced that it is inviting Kazakhstan’s exporting companies to take easy loans. In other words, the bank has money, a lot of money and it is ready to lend these financial resources … Read more
The parties also expressed readiness to hold a meeting of the Georgian-Hungarian Economic Cooperation Commission in the near future, and highlighted the importance of the operation of the Hungarian budget airline Wizzair in development of the Georgian airline and tourism markets. Photo: Ministry of Economy. The growing trade dynamics between Hungary and Georgia, wider economic … Read more