The Verkhovna Rada Committee on Agricultural and Land Policy has recommended that Parliament approve a draft bill on uninterrupted production and supply of agricultural products during the martial law. The relevant statement was made by Holos Ukrainy, an Ukrinform correspondent reports. “On April 30, 2022, a meeting of the Committee on Agricultural and Land Policy … Read more
Serbia’s foreign trade deficit widened by 115% on the year in the first three months of 2022, reaching $3.058 billion (2.892 billion euro), the country’s statistical office said on Friday. The country’s exports increased by 20% year-on-year to $6.986 billion in the January-March period, while imports went up by 38% to $10.044 billion, the statistical … Read more
The Customs Service recommended that carriers of goods under cover of the TIR Carnet use the TIR Electronic Pre-Declaration (TIR-EPD) system. It comes in the context of increased truck traffic on the Moldovan-Romanian border, both on the way out and on the way into the country. Through TIR-EPD, the customs authorities have the possibility to … Read more
Ulf Wokurka, an Independent Director and Member of the Board of Directors of national railway operator Kazakhstan Temir Zholy (KTZ) spoke about the company’s plans to enhance its transportation services so that passenger are being serviced “from door to door,” and about the conditions the company has to satisfy before going public in an exclusive … Read more
The Georgian Minister stressed the importance of “higher liberalisation” of the trade relations for increasing trade turnover between the two states, and noted Japan had recognised the “favourable investment climate” developed by the Georgian Government over the recent years. Photo: Georgian Economy Ministry Bilateral trade relations between Georgia and Japan and the two countries’ cooperation … Read more
The first freight train from Xi’an, the capital of China’s northwestern Shaanxi province, to Mannheim, Germany, was sent to Hovsan port by “Maestro Niyazi” dry cargo vessel belonging to Azerbaijan Caspian Shipping Company (ASCO) Merchant Fleet after it arrived at the Kazakh port of Aktau. According to ASCO, the “Maestro Niyazi” feeder is expected to … Read more
From January 1 to April 20, 2022, trade in Armenia increased by 550 billion drams (approx. US$80 million) compared to 2021. Prime Minister Nikol Pashinyan announced this at Thursday’s Cabinet meeting of the government. He admitted, however, that inflation had played a certain part in this. “But its role is not higher than 15 to … Read more
Uzbekistan and China organized a “business workshop” with the participation of representatives of the authorities and business circles of Karakalpakstan, Namangan region and the Chinese province of Hebei in order to use the potential of the regions and to increase further development of trade-economic and investment cooperation between the two countries.
Thematic presentations were made during the event by representatives of Uzpharmagency, Uzkimyosanoat and Uztuqimachiliksanoat.
The main sectors of the regional economy, their potentials for further development of trade and investment exchange were presented during the meeting, and presentations of projects for joint implementation were made.
A joint work plan with the definition of specific areas of cooperation and activities and preparation of bilateral documents for signing were agreed on by the parties following the event in order to create a legal framework for cooperation. Additional bilateral negotiations between companies in the regions are going to be conducted to discuss in detail the projects proposed during the presentation in such industries, like textiles, chemicals, agriculture, building materials and others.
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According to Kazakh Agriculture Minister Yerbol Karashukeyev, Kazakhstan’s sugar imports will fall by 32% to increase the home-produced sugar supplies at the domestic markets from 7% to 43%.
He also told the Government meeting that annual sugar consumption in Kazakhstan stands at 532,000 tons. Irrigation water scarcity, sugar-beets labor-intensive growing methods, sugar-mills worn-out state, price dumping by Russian producers helped to fabricate 7% out of this amount in Kazakhstan.
The minister also added that an increase of sugar-beet gross yield is expected from 332,000 tons to 1.8 mln tons. Solving the problem of water supplies, an extension of cultivated areas from 14,500 ha to 38,000 ha, technical equipment, as well as launching the projects for updating and construction of a sugar mill with the infrastructure development of the industry will help to attain this result.
The target is to increase sugar production sevenfold up to 254,000 tons, and to reduce sugar imports by 32%.
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In order to widely use the potential of the regions of Uzbekistan and China in the further development of trade-economic and investment cooperation between the two countries, the Embassy of our country organized a “business workshop” with the participation of representatives of the authorities and business circles of Karakalpakstan, Namangan region and the Chinese province … Read more