Belarus should take appropriate steps to neutralize adverse consequences related to the restriction of goods export via Lithuanian ports, Latvian ports, Vladimir Makei noted. Minsk intends to more actively use Russian ports for transit of Belarusian goods, Foreign Minister of Belarus Vladimir Makei said on Wednesday. “A range of agreements on throughput of Belarusian goods … Read more
The revenues to the state budget collected by the Customs Service on 7-13 February amounted to over 534 million lei. Since early 2022, the Customs Service has collected 2.9 billion lei to the state budget, up by over 25 per cent against the revenues from the same period of 2021. In the last week, more … Read more
In December 2021, the total volume of goods exports was up by 8.1 percent year on year, as reported by Statistics Netherlands (CBS). The increase was mainly seen in exports of chemical products, machinery and appliances. Relative to December 2019, exports were 7.5 percent higher. The volume of imports in December was up by 6.6 … Read more
Deputy Prime Minister, Minister of Investments and Foreign Trade of Uzbekistan Sardor Umurzakov met with Minister of Trade and Integration of Kazakhstan Bakhyt Sultanov, who arrived in the capital of Uzbekistan, accompanying Prime Minister of Kazakhstan Alikhan Smailov, the press office of the Ministry of Investments and Foreign Trade of Uzbekistan reported. The participants discussed … Read more
Georgia’s foreign trade turnover in January 2022 increased by 41.1% compared to the same period last year, amounting to USD 1.1 billion, according to express data released by the National Statistics Office (Geostat) on February 14. Exports grew by 47.6% year-over-year to USD 331.3 million, while imports increased by 38.5%, reaching USD 778.1 million. Meanwhile, … Read more
Belarus will actively use Russian sea ports for cargo transshipment, Belarusian Minister of Foreign Affairs Vladimir Makei said at a press conference in Minsk on 16 February, BelTA has learned. “Believe me, these are not some fairy tales, not some castles in the sand. Work is underway to actively use Russian ports for transshipment of … Read more
Azerbaijan’s Minister of Economy Mikayil Jabbarov has met with Roman Smirnov, director for the Caucasus and Central Asia of “Iveco Truck & Bus” (IVECO), to discuss prospects for economic cooperation. During the meeting, the sides also reviewed the projects to be implemented in the industrial parks. Source: Link
Chairman of the State Revenue Committee of Armenia Rustam Badasyan welcomed the delegation led by Head of the Revenue Service of Georgia Levan Kakava at the Bagratashen customs checkpoint. Mr. Kakava arrived in Armenia on a working visit, the SRC said in a press release. Rustam Badasyan and Levan Kakava toured the checkpoint, got acquainted … Read more
Integration helps Russia and Belarus effectively resist Western sanctions, says ambassador.
Due to reduction of gas prices granted by Russia, Belarusian production has become cheaper and more competitive.
An effective resistance to Western sanctions is possible because of an intensive integration of Russia and Belarus in the frames of a Union State, according to Russia’s Ambassador to Minsk Boris Gryzlov.
He noticed that this policy of sanctions makes counties collaborate more closely to become more confident.
A lot of Belarusian businesses are present on Russian market and take part in the Russian State order. This makes Russian producers pay more attention to the quality of their goods and services. It helps the both sides to develop.
According to the ambassador, lower prices on gas for Belarusian businesses gave them the possibility to make their production cheaper and more competitive.
The project of unification of tax and customs legislation in 2022 was mentioned by the head of the Russian diplomatic mission in Minsk.
He also said that there were plans to make a “joint integrated entity to control taxes”. He added that in 2023 Russia and Belarus want to organize one oil and electricity market.
The electric power industry granted to the Belarusian GDP a 14% growth because of the introduction of the first unit [of Belarusian Nuclear power plant] in operation. It means that we have a united electricity market.
Some European states reject Belorussian electricity, but our two counties can consume it themselves, so, a common electricity market is needed.
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The Tashkent International Investment Forum (TIIF) will be held in Tashkent on March 24-26, the Ministry of Investments and Foreign Trade reported. It had been scheduled to take place in March 2020 but was postponed due to the coronavirus situation. TIIF is a new platform for discussing and implementing strategic initiatives, as well as to … Read more