Georgia has cancelled international tenders for the construction of major road sections that form part of a regional highway linking the country with the borders of Armenia and Azerbaijan. The Georgian Roads Department said tenders announced in August 2024 for the Rustavi–Tsiteli Bridge and the Algeti–Sadakhlo road section were cancelled due to low competition among … Read more
As data from the State Customs Committee of Azerbaijan informs, the total trade turnover between Azerbaijan and Georgia reached $77.9 million in January 2026. This means a 6.5% growth compared to the same period last year.
Notably, 2.2% of Azerbaijan’s total trade turnover were accounted for trade with Georgia during the reporting month.
The growth of Azerbaijan’s exports to Georgia over the year attained 7.3% and reached $69.3 million. Meanwhile, the increase of imports from Georgia was 0.6% ($8.6 million in total).
3.1% of Azerbaijan’s total exports in January was made up by exports to Georgia. Nevertheless, only 0.7% of total imports were accounted for imports from Georgia.
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.
Source Link
During high-level talks on February, 27, Presidents Kassym-Jomart Tokayev and Aleksandar Vučić repeated their commitment to strengthening the Kazakhstan-Serbia strategic partnership.
The sides held negotiations, in both narrow and expanded formats. Expanding trade and investment, as well as cooperation in high-tech sectors, including artificial intelligence, information technology, energy and the defence industry, were in the spotlight of the talks. In this aspect, the approaching 30th anniversary of diplomatic relations between the two countries carries symbolic significance.
As Akorda reported, both officials also discussed transport and logistics, agriculture, critical minerals, digitalization, construction, and tourism.
According to Tokayev, Serbia is one of Kazakhstan’s key strategic partners in Europe. He also highlighted the launch of a direct Astana-Belgrade flight and the effective operation of more than 60 Serbian companies in Kazakhstan. Moreover, mutual support, active political dialogue and growing cooperation in trade, investment, and cultural and humanitarian spheres are the basis of bilateral ties.
From his side, Vučić got interested in expanding Kazakh participation in joint projects, notably in construction, and closer collaboration in innovation-driven sectors.
Tokayev recognised Vučić’s contribution to strengthening bilateral relations by awarding him with the Altyn Qyran (Golden Eagle) Order, Kazakhstan’s highest state decoration, during the visit.
In response, Vučić called the award a great honour and a testament to the friendship between the two nations. He also added that it carries both pride and responsibility to further strengthen cooperation and promote peace and stability.
NH Logistics SER has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Serbia and Eurasia, supporting many clients with their import/export shipments.
Source Link
Joint investments, trade and logistics development create excellent potential for Ukraine’s integration into the EU In the context of the war, Romania has become the most important transit and logistics hub for Ukrainian exports and imports, especially at the beginning of the full-scale aggression. This country became a supplier of energy resources and other products … Read more
Presidents Kassym-Jomart Tokayev and Aleksandar Vučić reaffirmed their commitment to strengthening the Kazakhstan-Serbia strategic partnership during high-level talks on Feb. 27.The negotiations, held in both narrow and expanded formats, focused on expanding trade and investment, as well as cooperation in high-tech sectors, including artificial intelligence, information technology, energy and the defense industry. The visit carries … Read more
Trade turnover between Azerbaijan and Georgia totaled $77.9 million in January 2026, 6.5% higher compared to the same period last year, according to data from the State Customs Committee of Azerbaijan, Report informs. During the reporting month, trade with Georgia accounted for 2.2% of Azerbaijan’s total trade turnover. Over the year, Azerbaijan’s exports to Georgia … Read more
Geostat reports that Georgia’s foreign trade turnover reached $1.609bn in January 2026. It is a 23.6% decline compared with the same period last year. Exports increased by 19% year on year and reached $480.4m. The downfall of imports was 33.7% to $1.129bn. This caused the country’s foreign trade negative balance ($649.1m).
The ten largest trading partners accounted for 67.9% of Georgia’s total foreign trade turnover. The country’s biggest partners were Turkey ($247.1m), China ($223.3m), and Russia ($195.4m). Notably, the United States have lost their place among Georgia’s top three trading partners.
China ($66.1m), Turkey ($52.1m), and Kyrgyzstan ($49.9m) were the top three leading export destinations (74.5% of total exports).
46.7% of exports was accounted for CIS countries, 16.1% for European Union member states and 37.2% for other countries.
Passenger cars ($100.7m, or 21% of total exports), oil and petroleum products ($58.7m, or 12.2%), and precious metal ores ($51.0m, or 10.6%) were the leading export goods.
Turkey ($195m), China ($157.3m), and Russia ($156.8m) were among the ten largest partners (71.4% of imports).
23.4% of imports was accounted for the European Union, 23.3% for CIS countries, and 53.3% for other countries. The largest share of imports was represented by passenger cars ($150.0m, 13.3%). Then followed oil and petroleum products ($96.7m, 8.6%) and petroleum gas ($79.1m, 7%).
According to economist Roman Gotsiridze, Georgia has become embroiled in a major scandal. The question is that a country with no operating oil refinery exported $56m worth of refined petroleum products in January 2026.
In 2025, 151,700 tonnes of refined fuel worth $79.5m were exported from Georgia, mainly in November and December. Meanwhile, in October 2025 Georgia imported 105 tonnes of Russian crude oil to the Kulevi refinery, which is still under construction and has not been put under operation yet.
Experts suggest some explanations. The first supposition is that Russian diesel fuel or petrol may have been imported and then exported as Georgian product instead of crude oil. The second explanation is that Georgia may have imported semi-processed diesel fuel recorded as crude oil. Then, they added a small amount of other substances to “adjust” its quality through additives.
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.
Source Link
Post-war economic cooperation between the two countries could become an important factor in the development of the entire region Trade between Ukraine and Poland is showing steady growth despite periodic disagreements. In 2025, Ukrainian exports to Poland increased by 7.5% to $5.1 billion, while imports from Poland increased by 15% to $8 billion. Poland has … Read more
President of Serbia Aleksandar Vučić will pay an official visit to Kazakhstan on Feb. 26-27 at the invitation of President Kassym-Jomart Tokayev. During the visit, the two Presidents will hold full-format high-level talks, reported Akorda. The Presidents are expected to discuss the current state and future prospects of Kazakh-Serbian relations, with a focus on strengthening … Read more
According to Geostat, Georgia’s foreign trade turnover in January 2026 totalled $1.609bn, down 23.6% compared with the same period last year. Exports reached $480.4m, an increase of 19% year on year, while imports fell by 33.7% to $1.129bn. As a result, the country’s foreign trade balance remained negative, at $649.1m. The ten largest trading partners … Read more