Logistic ties between Kazakhstan and China are expanded.

According to the press service of KTZ, a meeting between a delegation of Kazakhstan Temir Zholy (Kazakhstan Railways) and the representatives of the administration of Xian led by Mayor Li Minyuan was held as part of an official visit to China on March 1.
The development of transport routes and infrastructure was discussed by the sides.
The city of Xian was noted by the parties as the largest transport and logistics hub in China. This is the location of Xian International Trade and Logistics Park dry port. This dry port receives 40 percent of the cargo from Kazakhstan, and they form 30 percent of containers of the total volume of container trains shipped from China to EU here.
At the end of the meeting they signed an Agreement, according to which 8 hectares of land plot will be provided by the Chinese side for the construction of a terminal in the territory of the Xian Dry Port. Readiness of the administration of Xian to support Kazakhstan Temir Zholy in the implementation of a new logistics project was confirmed.
Xian is the capital of Shaanxi Province and the largest city in Northwest China with the population of over 12 million people.

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A 7fold increase was shown and the amount of 28.6 million US dollars was reached by foreign trade turnover between Aktobe region and Azerbaijan in 2022.

According to Kazinform correspondent, the region’s governor Yeraly Tugzhanov and Elchin Mammadov, acting head of the Consulate General of Azerbaijan in Aktau, announced it at a meeting.
Yeraly Tugzhanov said that there are close relations between Aktobe region and many foreign countries today. He noted that it was especially important for Kazakhstan to strengthen the ties with Azerbaijan. The presidents of the two countries Ilham Aliyev and Kassym-Jomart Tokayev discussed the issues of transport and logistics infrastructure development and huge prospects in investments sector at the meeting.
Development of various ties including business was the goal of the discussion. Elchin Mammadov in his turn expressed the hope that the meeting will contribute to the strengthening of the bilateral relations.
A presentation of the region’s economic potential, highlighting that Aktobe region had been the country’s large transport and logistics hub, was made by Yeraly Tugzhanov.
According to him, more than 6 billion US dollars has been attracted by the region in the past 5 years. Foreign direct investments account for 25 percent of this sum. The region, notable for its location and a great number of mineral reserves, is the place where 1,100 foreign companies including transnational corporations are operating. Tugzhanov added that they have created favorable conditions for the implementation of projects in agriculture, machine-building, construction industry and tourism.
Aktobe region is the home for approximately 1,300 Azerbaijanis today.

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Ukraine’s customs reform scheduled for 2023

In 2023, the Cabinet of Ministers of Ukraine is planning to carry out customs reform that will include six steps. The relevant statement was made by Ukrainian Prime Minister Denys Shmyhal in an interview with Forbes Ukraine, an Ukrinform correspondent reports. “I will press for this reform to be implemented this year. We have already … Read more

China-Serbia ironclad friendship result of mutual respect; excellent governance by CPC with promising prosperous future ahead: Serbian ambassador

Serbian Ambassador to China Maja Stefanovic congratulated the Communist Party of China (CPC) and Chinese leaders on the great achievements that have been made in all fields as the 20th National Congress of the CPC has concluded. She said Serbia is confident that the CPC Congress will bring new guideline for the further development of … Read more

Kazakhstan Railways expands logistics ties with China

On March 1, as part of an official visit to China, a delegation of Kazakhstan Temir Zholy (Kazakhstan Railways) held a meeting with the representatives of the administration of Xian led by Mayor Li Minyuan, Kazinform learned from the press service of KTZ. The sides discussed the development of transport routes and infrastructure. The parties … Read more

Georgia: Agriculture Ministry, UAE Ambassador discuss strengthening trade-economic relations

Tbilisi: The Environmental Protection and Agriculture Ministry of Georgia, Otar Shamugia, held a working meeting with the Ambassador of the United Arab Emirates in Georgia, Ahmed Alnuaim. Within the framework of the working meeting, the parties held discussions over the prospects for further deepening trade-economic relations that exist between the countries. The discussions at the … Read more

Azerbaijan, Romania discuss prospects for economic cooperation

Azerbaijan’s minister of economy Mikayil Jabbarov has met with the President of the Chamber of Deputies of the Parliament of Romania, Ion-Marcel Ciolacu to discuss prospects for economic cooperation. The meeting discussed importance of high-level mutual visits and meetings in development of cooperation. They also stressed that trade relations are developing between the two countries. … Read more

Georgia’s largest export partners are Russia, China and Turkey

The amount of USD 459.0 million (38.5 percent up) was attained by the exports of Georgia (excluding non-declared exports) in January 2023. The domestic exports got the share of 56.4 percent (USD 258.8 million) in the total export (11.8 percent increase compared to the same period of 2022.
The top ten trading partners of Georgia by domestic exports got the share of 86.2 percent in the total domestic exports in January 2023. Russia (USD 76.7 million), China (USD 28.5 million) and Turkey (USD 27.5 million) were the top partners.
The first place in the list of top export items (USD 68.1 million, 26.3 percent of total exports) was reclaimed by copper ores and concentrates in January 2023. The share of the exports of ferroalloys in the total exports amounted to USD 50.8 million (19.6 percent). The third place was occupied by the exports of the nitrogenous fertilizers (USD 20.8 million, 8.0 percent of the total exports).

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The volume of $ 1 461.8 mln was attained by Georgia’s external merchandise trade in January 2023

The amount of USD 1 461.8 million (29.1 percent up compared to the same period of 2022) was achieved by the external merchandise trade (excluding non-declared trade) of Georgia in January 2023. The volume of the exports attained USD 459.0 million (38.5 percent increase), the amount of the imports equaled to USD 1 002.8 million (25.2 percent growth). The share of the negative trade balance in external trade turnover reached 37.2 percent (USD 543.9 million) in January 2023.
The top ten trading partners of Georgia by exports got the share amounted to 83.6 percent in the total exports in January2023. Russia (USD 87.8 million), Armenia (USD 69.8 million) and Azerbaijan (USD 51.9 million) were the top partners.
The top ten trading partners of Georgia by imports got the share amounted to 68.8 percent in the total imports in January 2023. Russia (USD 175.8 million), Turkey (USD 164.7 million) and Azerbaijan (USD 68.5 million) were the top partners.
The top ten trading partners of Georgia got the share amounted to 68.4 percent in the total external trade turnover in January 2023. Russia (USD 263.6 million), Turkey (USD 196.1 million) and Azerbaijan (USD 120.4 million) were the top trading partners.
The first place in the list of top export items (USD 104.3 million, 22.7 percent of total exports) was reclaimed by motor cars in January 2023. The share of the exports of copper ores and concentrates equaled to USD 68.1 million (14.8 percent of the total exports). The third place was occupied by the exports of ferro-alloys (USD 50.8 million, 11.1 percent of the total exports).
Petroleum gases and other gaseous hydrocarbons (USD 92.1 million (9.2 percent of the total imports) were the top import commodities in January 2023. The list was followed by the motor cars (USD 86.4 million (8.6 percent of imports). The third place in the top import commodity list was taken by the petroleum and petroleum oils (USD 82.3 million (8.2 percent of imports).

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Ukraine’s trade turnover shrinks by 35%

In January 2023, Ukraine’s trade turnover totaled $7.9 billion, down 35% compared to the corresponding period in 2022. “In January, Ukraine imported goods to the tune of $4.8 billion and exported goods to the tune of $3.1 billion. At the same time, taxed imports totaled $4.0 billion, accounting for 83% of the total volume of … Read more