The most mineral products were exported and machinery and equipment were imported by Armenia

According to the Statistical Committee, the biggest share in Armenia’s exports in the first 9 months of this year belonged to mineral products, whereas in the imports, machinery, equipment and mechanisms had it.
An increase by 63.8% compared to the same period of the previous year was shown by Armenia’s exports in January-September (3 billion 509 million 421.2 thousand dollars).
The export to the countries of the Eurasian Economic Union (EAEU) grew up 2.4 times compared to the same period of the past year and comprised 1 billion 467 million 370.5 thousand dollars.
The export to the member states of the European Union rose up by 23.9% compared to the same period of the previous year (totally 606 million 568.3 thousand dollars).
Mineral products was the most exported product by Armenia– 785 million 398.5 thousand dollars (4.2 times increase compared to the same period of the previous year). Ready-made food products followed the mineral products and attained a 44.7% increase compared to January-September 2021 (605 million 400.7 thousand dollars).
Precious and semi-precious stones, precious metals and items made of precious metals were the next. Their export volume increased 2.7 times compared to the same period of the previous year and attained 597 million 341.0 thousand dollars.
Machines, equipment and mechanisms are the first in terms of import volumes– 1 billion 109 million 076.2 thousand dollars (an 84.9% increase compared to the same period of the previous year). The mineral products came after them with 858 million 430.1 thousand dollars (a 32.7% growth compared to the same period of the previous year).

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According to Georgian Economy minister, the country can play the leading role in the connection between South Caucasus, Central Asia and EU

According to Georgian economy minister Levan Davitashvili, the country could play the “leading” role in the process of connecting the countries of the South Caucasus and Central Asian regions with the European Union.
As the European Commissioner for Energy and Adina Vălean, the Commissioner for Transport said making the comment following the meeting between Davitashvili and Kadri Simson, Georgia had “confidence and unconditional historical advantages” to fulfil the role.
A “very important work” done by the Georgian government throughout the past year to ensure Central Asian states and to “closely connect” Azerbaijan and other regional states with the EU was highlighted by the minister.
According to him, Georgia could also play an “important role” in the economic security and development of Europe.
According to Davitashvili, alternative sources of energy supply are being looked for by Europe, as well as alternative routes for the European economy in general, alternative connection with Asia and main trade partners – in this regard, Georgia can become an important and reliable partner, which the country is able to do today, and the potential of this cooperation is even greater.
It was stressed by the Georgian official that sectoral integration was an “important prerequisite” for the country to finally become a full member of the EU.
Davitashvili said that the European Commissioners noted that Georgia has fulfilled more than 60 percent of its obligations defined by the agreement [with the EU] on the Deep and Comprehensive Free Trade Area, and recognized it as an important prerequisite for Georgia’s progress towards EU membership to continue.

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Kazakhstan to Export Products to Asia-Pacific Region Through China’s Qingdao Port

China’s Qingdao international port is ready to export Kazakh products to the countries of the Asia-Pacific region, said Xu Xiang, Director of the Administrative Department of Qingdao Port International Container Development, during а Nov. 4 meeting with the Kazakh Invest National Company in Astana, reported the Kazakh Invest press service. Located on the shores of … Read more

Economy minister says Georgia can be “leader” in connecting South Caucasus, Central Asia to EU

Georgian economy minister Levan Davitashvili on Wednesday said Georgia could be a “leader” in the process of connecting the countries of the South Caucasus and Central Asian regions with the European Union. Photo: ministry of economy Georgian economy minister Levan Davitashvili on Wednesday said Georgia could be a “leader” in the process of connecting the … Read more

ADY Container LLC participates in “TransLogistica Uzbekistan 2022” exhibition

The 18th International “Transport and Logistics – TransLogistica Uzbekistan 2022” exhibition is being held in Tashkent, the capital of Uzbekistan. CASCA + multimodal transport route has a separate stand at the exhibition. The railway operators of the participating countries on the route – “ADY Container” LLC, “Kyrgyz Temir Jolu” , “O’zbekiston temir yo’llari”, “Transport and … Read more

Armenia exported the most mineral products, imported machinery and equipment

Mineral products have the biggest share in Armenia’s exports in the first 9 months of this year, whereas in the imports, that share belongs to machinery, equipment and mechanisms, the Statistical Committee said. Armenia’s exports in January-September comprised 3 billion 509 million 421.2 thousand dollars, which increased by 63.8% compared to the same period of … Read more

Boosting trade and investments are discussed by Georgian PM and the UAE president

According to the Georgian government’s press office, cooperation and prospects of boosting trade ties and investment between Georgia and the United Arab Emirates were discussed by Georgian prime minister Irakli Garibashvili and Sheikh Mohamed bin Zayed Al Nahyan on Monday at their meeting in Abu Dhabi.
Georgian PM was welcomed by UAE officials to start off visit.
Readiness to further strengthening of the cooperation was expressed by the officials, and the “fruitful cooperation” between the two countries in various fields and a “high-level political dialogue” evidenced by visits of senior officials from both states was praised.
Irakli Garibashvili wrote in Twitter that he was happy to meet the president of Sheik Mohamed Bin Zayed in Abu Dhabi. They discussed the ongoing bilateral and future cooperation between the two countries, as well as enhancing trade and investment flows between them for the greater benefit of the both nations.
Noted negotiations were ongoing “actively” between Georgia and UAE to establish free trade between the two countries. A number of projects in the country that had been funded by Arab investors were highlighted by the head of the Georgian government.
Establishment of a free trade zone that would create a “favourable climate for the promotion and development of economic and trade relations” between the two countries was also pointed out. The discussion also touched on the importance of a “full use” of the potential of ties in tourism, energy, and transport.
The 84 percent increase ($190 million) in the trade turnover between the countries over the past nine months was highlighted by the officials.
The Georgian PM chaired the delegation that arrived in Abu Dhabi early on Monday to hold “high-level meetings”.
Levan Davitashvili, the vice prime minister and minister of economy and sustainable development, Ilia Darchiashvili, the minister of foreign affairs, and Revaz Javelidze, the head of the government administration were included in it.

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Bilateral cooperation between Kazakhstan and North Macedonia is to be strengthened

A joint statement of the Ministry of Foreign Affairs of the Republic of Kazakhstan and the Ministry of Foreign Affairs of the Republic of North Macedonia on further strengthening of bilateral cooperation is published by the Kazakh Foreign Ministry’s press service. A Joint Statement according to which: Kazakhstan and North Macedonia confirm their interest in developing a trusting political dialogue, building up trade, economic, as well as cultural and humanitarian cooperation in a spirit of openness and mutual understanding was adopted by the Parties following the talks held between Mr. Mukhtar Tileuberdi, Deputy Prime Minister – Minister of Foreign Affairs of the Republic of Kazakhstan, and Mr. Bujar Osmani, Minister of Foreign Affairs of the Republic of North Macedonia, on November 1, 2022 in Skopje. The decision of the Republic of Kazakhstan to open an Embassy in the Republic of North Macedonia in 2023, which will give an additional impetus to bilateral relations between the two countries, was welcomed by the Parties. The preparation and implementation of the official visit of H.E. Mr. Stevo Pendarovski, President of the Republic of North Macedonia, to Kazakhstan at the invitation of H.E. Mr. Kassym-Jomart Tokayev, President of the Republic of Kazakhstan, will be worked on by the both sides. The first meeting of the joint Intergovernmental Commission on Trade and Economic Cooperation which will be held in Skopje on November 3, 2022, will contribute to further increase of mutual trade, expansion and diversity of the structure of trade turnover. It is welcomed by the representatives of the both countries. North Macedonia’s priorities for the OSCE Chairmanship in 2023 are supported by Kazakhstan, and the significant progress in the process of integration of North Macedonia into the EU is noted. Kazakhstan also wishes successful implementation of the outlined plans. The intention to continue the practice of holding regular political consultations at the level of deputy foreign ministers is expressed by the Parties, and the 3rd round of consultations in Skopje in 2023 is agreed to be held. An 88% increase of the volume of mutual trade between the two countries in the first 7 months of 2022, compared to the same period in 2021, despite the coronavirus pandemic and the global economic crisis, is noted with satisfaction by the Parties. Further expansion of the bilateral legal and contractual framework by signing agreements in the trade and economic, cultural and humanitarian spheres, as well as in the field of security and the fight against organized crime, is agreed by the Parties. The importance of inter-parliamentary ties for interstate cooperation is acknowledged by the Parties, and the need for regular meetings of legislators, as well as their interaction at international events, is noted. The establishment of direct contacts between regions and universities, the exchange of tours of creative teams and the holding of Days of Culture in the territories of the two countries will be promoted by them. Common approach of the two countries on certain bilateral and international issues is noted, and each side will support initiatives within the framework of international organizations in conformity with the priorities and commitments of each side. A profound gratitude to the North Macedonia side for the hospitality during this visit was expressed by the Kazakhstan side.

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