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
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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According to Deputy Chairman of the Central Bank Armen Nurbekyan, Armenian economy growth continues at high rates.
As he said, presenting the annual report on the Central Bank’s activities at a meeting of the parliamentary standing committee on financial-credit and budgetary issues today, high external demand in the services sector, as well as by growth in the construction sector, largely facilitates this process.
Nurbekyan said that a significant increase in the number of foreign clients and financial flows in 2022 made the exchange rate of the Armenian national currency strengthen significantly in both nominal and real terms.
Nurbekyan highlighted that the rise in prices of imported goods starting from Q 3 2022 was substantially restrained by the Armenian dram’s strengthening, which manifested itself in parallel with growth in external demand.
The National Statistical Committee registered an increase by 12.2% of Armenia’s economic activity in January-March 2023 compared to January-March 2022.
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China was Germany’s most important trading partner with a trade volume of 64.7 billion euros, but the difference between China and the USA decreased considerably Motor vehicle exports to China down 23.9% from the same quarter a year earlier 91.8% of rare-earth metal imports came from China, as did 67.8% of smartphones, 39.2% of lithium-ion … Read more
China regards the Netherlands as a priority partner within the EU, and is ready to work with the Netherlands to promote cooperation in various fields to achieve new results, Chinese Premier Li Qiang said on Tuesday in a phone conversation with Dutch Prime Minister Mark Rutte. China will continue to open up its market, strengthen … Read more
Total trade in goods and services between the UK and Iran was £696 million in the four quarters to the end of Q4 2022, an increase of 71.9% or £291 million in current prices from the four quarters to the end of Q4 2021. Of this £696 million, total UK exports to Iran amounted to … Read more
Armenian economy continues to grow at high rates, Deputy Chairman of the Central Bank Armen Nurbekyan said on Monday. “This is largely facilitated by high external demand in the services sector, as well as by growth in the construction sector,” Nurbekyan said presenting the annual report on the Central Bank’s activities at a meeting of … Read more
In the current marketing year (MY) (from July 1, 2022, to May 12, 2023), Ukraine exported 43.336 million tonnes of grains and pulses. According to Ukrinform, Ukraine’s Ministry of Agrarian Policy and Food reported this. It is noted that in 2022/2023 MY Ukraine exported 14.89 million tonnes of wheat, 2.523 million tonnes of barley, 17,900 … Read more
Serbia and China have signed a memorandum to remove air traffic restrictions between the two countries, the Serbian government said. This agreement will enable the free operation of air transport between China and Serbia, without the restrictions that existed until now for both Chinese and Serbian air carriers, infrastructure minister Goran Vesic said in a … Read more
Transportations of goods by rail along the Trans-Caspian International Transport Route (TITR) demonstrates a positive trend, press service of KTZ informs. Stable growth is facilitated by a set of measures taken by KTZ for the development of the corridor. In January-March 2023, transportation on the TITR route increased by 63.7% compared to the same period … Read more