Italy will participate in EXPO 2027

According to the Italian Ambassador Luca Gori, the meaning and shape of Italy’s participation in EXPO 2027 in Belgrade are beginning to take form. The main goal is cooperation in multiple areas of exchange between the two countries.
Serbia’s Minister of Internal and External Trade and Commissioner for EXPO 2027, Jagoda Lazarević, and EXPO 2027 Director, Danilo Jerinić, were present at the formal signature of the agreement.
Luca Gori enumerated five guiding principles that will shape Italy’s presence at EXPO 2027. Teamwork is the first one. Various stakeholders should be able to connect skills, experience and energy. The second principle is the human dimension, or interaction between people. The third one is inclusivity, or a commitment to embracing every form of ‘play’, without limits between those considered more established and others less so. The fourth principle is territorial diversity, or bringing all Italian regions to Belgrade in turn. That will demonstrate the richness of Italian identity and the diverse forms of play, dance and art from different parts of the country. The last one is collaboration, or the intention to use this platform as both a physical and virtual space. That will help foster new alliances among businesses, research institutes, associations, institutions and individuals from both countries, as well as all other participants in EXPO 2027.
The Ambassador said that a festival of Italian creativity ‘Play with IT’ has been designed to encourage joint projects across fields such as design, fashion, music, sport, innovation and cuisine.
Serbian part, represented by the Minister Lazarevic, highlighted the importance of bilateral relations between the countries. They mean both political cooperation (Italy’s support for Serbia’s European path) and economical one (investment, trade exchange, scientific cooperation and energy-related issues). Also, Lazarevic mentioned Italy’s longstanding openness and attention towards former Yugoslavia and later Serbia. She noted that Yugoslav citizens were free to enter Italy and return home. Due to this, Serbs and all the peoples of Yugoslavia could discover Italian culture and be captivated by it. This phenomenon continues from generation to generation. That is why Italy will significantly contribute EXPO 2027, particularly in terms of aesthetics, art, as well as sport and play.
In his turn, EXPO Director Danilo Jerinić recalled his impressions from the Italian pavilion during the Osaka Expo. Jerinić said that it inspired him so much that gave him the inspiration for his current role.
NH Logistics GEO has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Georgia and Eurasia, supporting many clients with their import/export shipments.

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Georgian, Chinese economy ministers sign amendments to free trade deal

Georgia and China have signed a protocol on amendments to their existing free trade agreement, first announced 10 months ago. The document was signed by Georgia’s Minister of Economy and Sustainable Development, Mariam Kvrivishvili and China’s Minister of Commerce, Wang Wentao. Kvrivishvili said the updated agreement aims to align the deal with the modern trade … Read more

Ukraine and Serbia return to talks on free trade zone

The Serbian Economist has reported that Ukraine has resumed negotiations with Serbia on the creation of a free trade area because the current level of trade turnover between the two countries remains relatively low. This was stated by Ukrainian Ambassador to Serbia Oleksandr Litvinenko in an interview with the Interfax-Ukraine news agency. According to him, … Read more

African expansion for Ukrainian agriculture requires financial guarantees and shift from raw exports

The creation of the first Ukrainian agro-hub in Ghana is a positive step toward expanding Ukraine’s presence in the African market. However, to consolidate its position in the region, Ukraine needs to involve international financial institutions as security guarantors and move from exporting raw materials to supplying higher value-added products, said President of the Ukrainian … Read more

In January–March 2026 Georgia’s Foreign Trade attained USD 5.867 Billion (a 0.2% increase)

The National Statistics Office of Georgia (Geostat) reported on April 20 that Georgia’s external merchandise trade, excluding non-declared trade, totaled USD 5.867 billion in January-March 2026. It is a 0.2% year-on-year increase.
The exports increased by 23.4% to USD 1.723 billion. Meanwhile, the decline of imports was 7.1% (to USD 4.143 billion). The trade deficit (USD 2.419 billion) accounted for 41.2% of total external trade turnover.
Leading export destinations were China (USD 203.2 million), Kyrgyzstan (USD 190.9 million) and Russia (USD 145.5 million). 71.6% of Georgia’s total exports accounted for the top ten export partners.
The leading export commodity were motor cars (USD 364.5 million, 21.1%), petroleum and petroleum oils (USD 208.1 million, 12.1%) and precious metal ores and concentrates (USD 169.9 million, 9.9%).
Turkey (USD 657.3 million), Russia (USD 592.5 million) and China (USD 487.6 million) were the leading import partners. 70.2% of total imports accounted for the top ten import partners.
The list of imported commodities included motor cars (USD 632.2 million, 15.3%), petroleum and petroleum oils (USD 338.6 million, 8.2%), petroleum gases and other gaseous hydrocarbons (USD 204.1 million, 4.9% of total imports).
NH Logistics GEO has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Georgia and Eurasia, supporting many clients with their import/export shipments.

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Financial guarantees and shift from raw exports are necessary for African expansion of Ukrainian agriculture

Ukraine has expanded its presence in the African market with the creation of the first Ukrainian agro-hub in Ghana. Nevertheless, according to President of the Ukrainian Agrarian Confederation (UAC) Leonid Kozachenko, it needs to involve international financial institutions as security guarantors and move from exporting raw materials to supplying higher value-added products. It will consolidate Ukraine’s position in the region.
Also, Leonid Kozachenko says that Ukrainian businesses have already invested in production in Africa or supplied grain independently. However, political instability and cases of piracy hindered these attempts. Kozachenko proposes involving UN structures, particularly the Food and Agriculture Organization (FAO), to minimize such risks. Nowadays, Ukrainian goods have the share of less than 5% in total imports of African countries. According to the expert, Ukraine should follow the example of Turkey and the United Arab Emirates to increase volumes. These countries supply processed goods (flour, pasta, and cereals) rather than raw materials.
Kozachenko suggests that the state’s strategic goal over the next 10 years should be attracting about $85–90 billion in investments into domestic processing. Due to this, Ukraine’s annual agricultural exports will increase from the current $27 billion to more than $120 billion.
NH Logistics UKR has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Ukraine and Eurasia, supporting many clients with their import/export shipments.

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Georgia’s Foreign Trade Up 0.2% to USD 5.867 Billion in January–March 2026

Georgia’s external merchandise trade, excluding non-declared trade, totaled USD 5.867 billion in January-March 2026, marking a 0.2% year-on-year increase, according to preliminary data released by the National Statistics Office of Georgia (Geostat) on April 20. China retained its position as Georgia’s largest export market, while Turkey remained the leading import partner, with motor cars continuing … Read more

Georgia’s exports increased by 24% year-on-year in March 2026 and reached $697 million.

As the Georgian National Statistics Service says, Georgia’s exports increased by 24% year-on-year in March 2026 and reached $697 million. It grew up by $135 million compared to the same period last year.
Imports increased by $67 million and attained $1.59 billion (an increase by 4%).
Total exports grew up by 23% year-on-year and reached $1.72 billion in the first quarter of 2026. Meanwhile, imports decreased by 7% to $4.13 billion.
NH Logistics GEO has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Georgia and Eurasia, supporting many clients with their import/export shipments.

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