Việt Nam, UK free trade deal catalyst for boosting export

Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến on Tuesday had a working session with the visiting Secretary of State for Scotland Alister Jack in Hà Nội. The visit of the Scottish delegation reaffirmed the growing friendship between the two countries, especially as Việt Nam and the United Kingdom are celebrating 50 years … Read more

External trade, for August 2023

The overall external trade in the Republic of Serbia for the period January- August 2023 amounted to: – USD 46945.6 million – which was an increase of 0.3% compared to the same period last year; – EUR 43288.7 million – which was a decrease of 0.4% compared to the same period last year. The value … Read more

Kazakhstan, Luxembourg Achieve $16 Million Trade Turnover in January-June

Trade turnover between Kazakhstan and Luxembourg reached $16 million in January-June, said Director General of BeNeLux Chamber of Commerce Anuar Kurzhikayev at an Oct. 2 business forum in Almaty, reported the forum’s press service. The forum gathered representatives of 14 large Luxembourg companies working in information technology, high-tech manufacturing and financial services. “These are mainly … Read more

Economy Minister says products of Georgian origin can enter 2.3bln consumer int’l market under free trade deals

Georgian Economy Minister Levan Davitashvili on Wednesday highlighted the dynamics of Georgia’s growing trade and economic relations with various countries and said products of Georgian origin could enter markets with 2.3 billion consumers under the free trade deals the Government had signed with different states. Currently, 87 percent of Georgia’s exports go to countries under … Read more

Georgia’s PM highlights a pivotal role of the Free Trade Agreement between Georgia and China in fostering greater trade between the countries

As Georgian Prime Minister Irakli Garibashvili said at the Official Reception marking the 74th Anniversary of the People’s Republic of China, Georgia has been historically positioned as a natural bridge between Europe and Asia and an integral part of the ancient Silk Road. He also mentioned that Georgia’s strategic location enables it to contribute to the revival of the Silk Road under the Belt and Road Initiative (BRI) through the Middle Corridor.
According to Irakli Garibashvili, Georgia can boast of its distinct history, unique traditions and progressive aspirations, but it also acknowledges a strong bond with China.
He said that he was pleased to highlight the countries’ well-established and fruitful cooperation, evident across various fields of mutual interest – from infrastructure and trade to education and tourism.
The Prime Minister said that the Free Trade Agreement (FTA) between Georgia and China, which came into force in January 2018, has played a pivotal role in fostering greater trade between our nations. China is consistently among Georgia’s top 3 trading partners.
According to the PM, Georgia-China cooperation at the governmental level is booming, with various ministries, agencies, and regions actively engaged in collaborative efforts. He said that this multifaceted cooperation undoubtedly demonstrates the countries’ dedication to achieving common goals.
He also stated that active cooperation with China in the fields of culture and education is welcomed. The growing enthusiasm among the Georgian people for the Chinese language and culture, establishing a basis for fostering meaningful people-to-people exchanges, is extremely delightful to observe.
A decree introducing visa-free travel for Chinese citizens has been recently issued with this understanding. Georgia’s unwavering commitment to strengthening the amicable bonds with China is reflected by this decision. Greater cultural exchange and tourism flows between the two countries is expected to be facilitated by this initiative.
In conclusion the Prime Minister of Georgia expressed his confident that the bilateral strategic partnership will continue to flourish, bringing prosperity and mutual benefits to the both nations.

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German export outlook dims in September 2023: ifo

INSIGHTS German export sentiment has worsened, with ifo export expectations falling to minus 11.3 points in September 2023 from minus 6.5 in August 2023. Leather goods manufacturing expects a rise in exports with a score of 11.2 points, while the textile and apparel sectors are facing steep declines, falling to minus 20.5 and minus 26.8 … Read more

UAE President and Dutch Prime Minister discuss bilateral relations and international developments

President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Mark Rutte, Prime Minister of the Kingdom of the Netherlands, discussed the strength of bilateral relations and strategic cooperation between the two countries and opportunities to develop ties to serve mutual interests, in addition to various regional and international developments. This came during His Highness’ … Read more

Ukraine, Canada expand Free Trade Agreement

Ukrainian President Volodymyr Zelensky and Canadian Prime Minister Justin Trudeau signed an updated Free Trade Agreement. The signing ceremony took place in Ottawa, an Ukrinform correspondent reports. The expanded agreement includes additional points regarding the liberalization of investments and trade, in particular the export of services. It also expands to cover the goods that have … Read more