Kazakh – Polish bilateral trade attains $760mln

OSCE Chairman-in-Office, Minister of Foreign Affairs of Poland Zbigniew Rau was received by Kassym-Jomart Tokayev.
He emphasized on the importance of this visit for strengthening of cooperation between Kazakhstan, Poland and the OSCE.
The preparations for the upcoming national referendum were spoken about by the President and the deployment of an ODIHR Referendum Assessment Mission was welcomed.
According to the Head of State, a process of important political transformations in the country began with the referendum. He also promised to carry out the work to promote democracy in Kazakhstan continuously.
Cooperation in all three areas of the OSCE (military-political, economic-environmental and human dimensions) was reviewed in detail by Kassym-Jomart Tokayev and Zbigniew Rau.
The President noted that Poland was regarded as an important partner in Central Europe.
According to the leader of Kazakhstan, Bilateral trade has been rose up by 12% last year, attaining $ 760 million.
The efforts made under Kassym-Jomart Tokayev’s leadership in implementing large-scale political and economic reforms were commended by The OSCE Chairman-in-Office.
The Polish diplomat thinks that the upcoming referendum is a real breakthrough in terms of Kazakhstan’s Constitutional amendments and approach to social structure and promotion of market oriented reforms. He added that the constitutional reforms in the country are aimed at strengthening the principles of democracy, freedom and the rule of law.
The meetings of Zbigniew Rau with representatives of religious communities and civil society of the country were announced. The Kazakh model of interethnic and interfaith harmony was highly valued by him, and he expressed gratitude to President Tokayev for the constant support of the Polish diaspora living in our country.

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Georgia’s freight turnover increased after modernization.

According to the report of Georgian-based non-governmental organization Society and Banks, revenues from transport services in Georgia would increase by about $150 million in April compared to 2021 and exceed $960 million in the ongoing year.
As Georgian Railway Director General Davit Peradze announced on Business Morning TV program on Monday, about 21 more million tons of cargo will be carried annually by Georgian Railway after the completion of the modernization of the network in the country.
According to Peradze, 27 million tons of freight is carried by the company per year, and an annual load reaches 12-13 million tons (the figure would attain 48 million after the modernization).
The local business online media outlet bm.ge cited Peradze: “The growth trend of the Georgian Railway has not stopped for the last four years, with a “record rate” of 10 percent increase observed in freight in 2021”.
The challenges the company is facing, including the lack of locomotives, an upgrade of the existing fleet, and further improvements to railway tracks, were also spoken about.
A profit of ₾23.5 million had been generated by the Georgian Railway in the first quarter of this year, according to the Director General.
The reports of the company announce a profit of ₾52,711 ($18,399/€17,179) in 2021 following four years of operating losses, with the consolidated revenue of the company reaching ₾547,868 ($191,237/€178,458) last year, compared to ₾489,370 ($170,818/€159,369) in 2020, in addition to about ₾164,000 ($57,245/€53,381) of losses.

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Uzbekistan, Mongolia to discuss strengthening trade and economic ties

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Ukraine exports over 1M tonnes of grain in May

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Serbia discussing gas supplies from Azerbaijan through IGB interconnector – deputy PM

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Bilateral trade btw Kazakhstan and Poland reaches $760mln

Kassym-Jomart Tokayev received OSCE Chairman-in-Office, Minister of Foreign Affairs of Poland Zbigniew Rau, who is in Kazakhstan as part of a regional tour, Kazinform cites the Akorda press service. Welcoming Zbigniew Rau, Kassym-Jomart Tokayev noted that his visit is important for strengthening Kazakhstan’s cooperation with Poland and the OSCE. The Head of State spoke about … Read more

Georgian Railway Director General talks increase in freight turnover after modernisation

Georgian-based non-governmental organisation Society and Banks in its report in April said revenues from transport services in Georgia would increase by about $150 million compared to 2021 and exceed $960 million in the ongoing year. Photo: BTK Railway/Facebook Georgian Railway will be able to carry about 21 more million tonnes of cargo annually following the … Read more

First block of freight from China’s Tuanjiecun railway station to Finland arrives in Port of Baku

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Armenian finance ministry: Export and import boost in 2022

Consumption growth in Armenia amounted to 3.7%. At the same time, exports increased by 16.5%, and imports – by 10.9%, said Minister of Finance of Armenia Tigran Khachatryan in the parliament during a preliminary discussion of the implementation of the state budget for 2021. Economic growth forecasts were revised several times during the reporting year. … Read more