Tatyana Gracheva

A memorandum of understanding was signed by the heads of the Bulgarian and Serbian customs administrations

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The Director of the Customs Agency, Mr. Georgi Dimov, and the Director of the Customs Administration of the Republic of Serbia, Mr. Dragisa Petrovic, signed a Memorandum of Understanding on electronic data exchange through the SEED+ system on 11.03.2026. This step demonstrated the ongoing efforts to modernize border crossings and facilitate trade and enters into the Green Belts initiative. The CEFTA and Transport Community (TCT) secretariats coordinate this cooperation between the European Union and the countries of the Central European Free Trade Agreement (CEFTA).
The memorandum, signed in the presence of representatives of the CEFTA and Transport Community secretariats, will strengthen operational cooperation between customs administrations. It will also help achieve progress in the digital integration of CEFTA with the EU.
Notably, Georgi Dimov, Director of the Customs Agency, highlighted the strategic importance of the transit agreement between the Western Balkans and the EU during the ceremony.
From his side, Mr. Dragiša Petrović, Acting Director General of the Customs Administration of the Republic of Serbia, stressed the numerous benefits of this form of cooperation with neighbouring customs administrations.
Likewise, Ms. Pranvera Kastrati, Director of the CEFTA Secretariat, underlined the importance of continuous cooperation within the initiative during the signing ceremony. It makes the “Green Belts” stronger and wider. Businesses will get greater speed and security due to this agreement between Bulgaria and Serbia. This digital bridge will make the path of our products to the EU single market faster.
Also, operational procedures between the customs administrations of Bulgaria and Serbia are aligned due to the Memorandum. The framework of the structured data exchange through SEED+, the two administrations will improve the coordination of controls, support risk-based checks and facilitate a smoother movement of goods.
In general, modernization of border crossing points, digitalization of procedures and enhanced cooperation between administrations are combined in the initiative to ensure faster, transparent and predictable movement of goods.
Moreover, the Customs Administration of the Republic of North Macedonia signed a similar memorandum with the Director of the Customs Agency in December 2025.
They signed the Memorandum of Understanding with the Republic of Serbia in Bulgaria on March 10 and 11, 2026. It happened in the frames of the meeting of the Green Belt Steering Committee and the 21st meeting of the Transport Community Technical Committee for Transport Facilitation, as well as an operational meeting in connection with the implementation of the SEED+ system.
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.

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Ukraine’s imports up 31% YoY in Jan-Feb 2026, exports total $6.5 bln – State Customs Service

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Ukraine increased imports of goods by 31% year-on-year to $14.8 billion in money terms in January-February 2026 from $11.3 billion in the same period of 2025, Ukrainian media reported, citing a statement from Ukraine’s State Customs Service. Exports from Ukraine stood at $6.5 billion in the first two months of 2026, versus $6.3 billion in … Read more

The heads of the Bulgarian and Serbian customs administrations signed a memorandum of understanding

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The signing, which took place in the presence of representatives of the CEFTA and Transport Community secretariats, marks an important step towards strengthening operational cooperation As part of the ongoing efforts to modernize border crossings and facilitate trade, today, 11.03.2026, the Director of the Customs Agency, Mr. Georgi Dimov, and the Director of the Customs … Read more

Georgia cancels tenders for key highway linking Armenia and Azerbaijan borders

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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

The increase of Azerbaijan-Georgia trade was 6.5% in January

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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.

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Kazakhstan and Serbia are going to deepen strategic partnership and expand Trade and High-Tech Cooperation

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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.

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Romania and Ukraine: cooperation based on logistics and investments

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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

Kazakhstan, Serbia Pledge to Deepen Strategic Partnership, Expand Trade and High-Tech Cooperation

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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

Azerbaijan-Georgia trade up 6.5% in January

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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 a 23.6% decline of Georgia’s foreign trade turnover in January 2026 compared with last year

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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.

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