PM: Armenia trade with other EEU countries increased by 80%, amounted to more than $3 billion

Armenia’s trade with the other Eurasian Economic Union (EEU) member countries amounted to more than $3 billion and increased by about 80 percent in January-September of the current year compared to the same period of 2021. Armenian Prime Minister Nikol Pashinyan announced this at Friday’s Supreme Eurasian Economic Council meeting being held in the Kyrgyz … Read more

A 45% growth was attained by Armenia-Iranian trade in January-October

A 43.5% increase was shown by Armenia – Iranian trade in the first 10 months of 2022. According to Armenian Deputy Economy Minister Armen Arzumanyan, it rose from $390 million to around $560 million in the reporting period.
Good business cooperation between the countries was noted by Arzumanyan. He also added that it was necessary for its further development to identify all issues in order to step up economic activity.
The Minister mentioned the extensiveness of the Iranian market, but also a problem of its self-sufficiency. He expressed his confidence in a possibility to find out what they could do to export Armenian food, agricultural and other products to this market, which is by and large familiar with Armenian produce.
Armenia’s National Statistical Committee reports that trade turnover between Armenia and Iran in January-October 2022 reached about $565.5 million (a 45.3% increase). Armenian exports to IRI totaled about $92 million (an 82.4% increase year-on-year). A growth by 39.1% (to $474.3 million) was attained by imports from Iran.

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A 2.1 fold increase is shown by trade turnover between Kazakhstan and Lithuania

According to Deputy Prime Minister and Minister of Foreign Affairs of Kazakhstan Mukhtar Tileuberdi, Lithuania is among 10 largest trade partners of the country in the EU and 20 largest trade partners in the world. As Kazinform correspondent reports, it was said on Tuesday during Lithuania’s Minister of Foreign Affairs Gabrielius Landsbergis’ official visit to Astana.
An important historic milestone – 30 years since the establishment of diplomatic relations between Kazakhstan and Lithuania – was marked by the visit. Minister Tileuberdi said that a trust-based dialogue at all levels instrumental in strengthening of constructive relations and mutually profitable cooperation in bilateral and multilateral formats has been sustained all these years by the countries.
According to Minister Tileuberdi, the spirit and principles of the Treaty between the Republic of Kazakhstan and the Republic of Lithuania on mutual understanding and cooperation signed on November 7, 1993 in Almaty are fully kept during the development of relations between Astana and Vilnius.
The fact that Lithuania was one of the first countries in 2016 to ratify the EU-Kazakhstan Enhanced Partnership and Cooperation Agreement underpinning Kazakhstan’s cooperation with EU member states in 29 areas was pointed out by the Kazakh Foreign Minister.
He also highlighted that disruptions in traditional logistics chains trade turnover between the two countries didn’t prevent it from achieving a 2.1fold increase ($500.4 million in 9 months of 2022). It makes Lithuania one of 10 largest trade partners of Kazakhstan in the EU. There are about 170 Lithuanian companies working in Kazakhstan and dozens companies with the Kazakh capital operating in Lithuania.
Joint work of Kazakhstan and Lithuania can be seen in many spheres: professional pilots’ training, medical equipment manufacturing and many others.
There is a hope for an additional impulse to strengthening of friendship and partnership between Kazakhstan and Lithuania given by Gabrielius Landsbergis’ visit to Astana.

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Ukraine exports $21B worth of agricultural products in Jan-Nov 2022 – Economy Ministry

In January to November 2022, Ukraine exported 50.9 million tonnes of agricultural and food products for a total sum of $21.1 billion. Ukraine’s First Deputy Prime Minister – Minister of Economy Yuliya Svyrydenko said this in an interview with CNN, Ukrinform reports with reference to the ministry’s press service. “Over 11 months of the current … Read more

Kazakhstan-Lithuania trade turnover increases 2.1fold in 9 months of 2022 – FM

Lithuania is among 10 largest trade partners of Kazakhstan in the EU and 20 largest trade partners in the world, Deputy Prime Minister and Minister of Foreign Affairs of Kazakhstan Mukhtar Tileuberdi said Tuesday during Lithuania’s Minister of Foreign Affairs Gabrielius Landsbergis’ official visit to Astana, Kazinform correspondent reports. Minister Tileuberdi emphasized that the visit … Read more

Revenue Service rejects “false information” on Czech-made products being exported to Russia

The Revenue Service acknowledged imports of goods from European Union countries including the Czech Republic had increased, adding “most of the goods” included machinery, devices and primary consumer goods imported by companies and intended for local consumption, “not for re-export to other countries”. Photo: Revenue Service Georgia’s Revenue Service on Friday “categorically and with full … Read more

Azerbaijan’s non-oil exports increased by 14 percent in January-November of 2022

The export of non-oil products in Azerbaijan amounted to $2.688.09 billion in January-November of this year, which means 14 percent growth compared to the same period of last year, according to the Azerbaijan Export and İnvestment Promotion Agency (AZPROMO). In November of 2022, the country’s non-oil export amounted to $302.13 million (12.2 percent growth). Azerbaijan … Read more

Armenia-Iran trade grew 45% in January-October – official

Trade between Armenian and Iranian increased by 43.5% in the first 10 months of 2022, rising from $390 million to around $560 million in the reporting period, Armenian Deputy Economy Minister Armen Arzumanyan told reporters on Tuesday, December 6, Arka reports. Arzumanyan noted that the countries have good business cooperation and for its further development … Read more

Adding Zangazur corridor to Trans-European Transport Networks is discussed by Azerbaijan and Europe

A working visit of Azerbaijan’s Minister of Digital Development and Transport Rashad Nabiyev to Brussels, the capital of Belgium has taken place.
A meeting between Rashad Nabiyev and European Commissioner for Transport Adina Valean was organized during the visit.
Cooperation between Azerbaijan and the European Union in the field of transport, especially aviation, as well as the implementation of projects within the Trans-European Transport Networks (TEN-T) and adding the Zangazur corridor to these networks in the future were discussed at the meeting.
Issues related to holding the second meeting of the High Level Transport Dialogue in Baku were also mentioned.
A detailed information about the transport and digitalization projects implemented in Azerbaijan, including the importance of the Zangazur corridor and the work done in the liberated territories was given to European Commissioner for Transport Adina Valean.
A great potential for cooperation around the Middle Corridor, a multimodal transport route passing through the South Caucasus and Central Asia was also noted. Certain opportunities for integrating the region into European and global supply chains will be opened by it.

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