Germany Iran’s Main European Trade Partner in Q1 of 2023

Germany, Italy, and the Netherlands were Iran’s main trade partners among EU member states in the first three months of 2023, according to “Eurostat”, the statistical center of Europe. In this period, Germany’s export of products to Iran showed a 28 percent decline but exports of products from the Netherlands, Italy and France to Iran … Read more

Netherlands 6th largest market for Indian apparel export with 4% share

INSIGHTS In 2022, the Netherlands was the 6th largest market for India’s apparel exports, holding 4.02 per cent share of India’s total exports of $16.238 billion. During fiscal 2023, Netherlands emerged as India’s 3rd largest export destination. India’s apparel exports to Netherlands rose by 32.56 per cent to $652.169 million in 2022 from $491.987 million … Read more

EU Sanctions Envoy meets with Armenian Deputy Foreign Minister

Armenian Deputy Foreign Minister Mnatsakan Safaryan received on Thursday EU’s international special envoy for the enforcement of EU sanctions, David O’Sullivan. The interlocutors discussed a set of issues related to cooperation between Armenia and the EU, the press service of the Armenian Foreign Ministry reported. It said the recent increase in trade turnover between Armenia … Read more

Ukraine, Spain discuss agricultural exports towards Europe

Ukrainian Agrarian Policy and Food Minister Mykola Solskyi and Spanish Agriculture, Fisheries and Food Minister Luis Planas Puchades have discussed the export of Ukrainian-produced agricultural products towards Europe. The relevant statement was made by the Ukrainian Agrarian Policy and Food Ministry, an Ukrinform correspondent reports. Solskyi expressed gratitude to the Spanish minister for providing assistance … Read more

External trade, for March 2023

The overall external trade in the Republic of Serbia for the period January- March 2023 amounted to: – USD 17919.4 million – which was an increase of 1.7% compared to the same period last year; – EUR 16723.2 million – which was an increase of 6.8% compared to the same period last year. The value … Read more

Kazakhstan exports processed goods to 106 countries around the world

Vice-Minister of Trade and Integration Kairat Torebayev spoke about measures to develop non-primary exports in Kazakhstan at the Central Communications Service, press service of the Ministry of Trade and Integration reports. Last year, we reached a record level of exports of processed products at $26.5 billion. This trend has continued this year”, – the Vice … Read more

Turkey, Russia, Azerbaijan Georgia’s top trading partners in January-April

Overall, Georgian external trade turnover amounted to $6.49 billion in January-April 2023, posting a 21.9 percent increase year-on-year. Photo: Geostat Turkey ($925.3 million), Russia ($848.5 million) and Azerbaijan ($500.9 million) were the top trading partners of Georgia in its total external trade turnover between January and April, preliminary data from the National Statistics office of … Read more

Canada & Azerbaijan discuss expansion of trade relations

A delegation of members of the Canadian Eurasian Chamber of Commerce (CACC) visited Baku Port, Azernews reports. The main purpose of the visit was to develop business relations and expand trade relations between Canadian business institutions and Baku Port. The delegation includes representatives of Canadian businesses such as 5Blue Processing, Southern Alberta Institute of Technology, … Read more

EEC minister claims that work on development of cross-border trust space is stepped up by EEU

As Varos Simonyan, a Eurasian Economic Commission (executive arm of EEU) Minister for Internal Markets, Information and Communication Technologies, said in an interview with sb.by, putting the trusted third party service into commercial operation this year is the goal of building cross-border trust space across the Eurasian Economic Union (EEU).
He emphasized on the necessity of cross border trust space for implementation of legally relevant interstate electronic document management and development of information exchange in the EEU.
According to the minister, draft rules for the recognition of digital electronic signatures in electronic documents and ensuring the validity of electronic documents in cross-border information interaction of legal entities with state authorities of EEU member states has been developed by the EEC.
He also added that a trusted third party service will be used as a universal mechanism for the provision of interstate services in electronic form.
Data protection in cross-border information exchange in the current geopolitical conditions also got a special attention.
According to Simonyan, an active work is being done by the EEC and the countries to create a secure data transmission network and joint development of specialized cryptographic information protection tools.

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