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Ukraine’s embassy in Accra has been officially inaugurated to strengthen diplomatic ties with Ghana. Ghanaian and Ukrainian citizens will get consular services there. Trade and bilateral partnerships will be facilitated, and business collaboration between the two nations will be enhanced. Ukraine’s commitment to partnering with Ghana to foster a conducive business environment, leveraging Ghana’s stable economic and political landscape to generate employment opportunities for citizens of both countries was emphasized by special Representative of Ukraine to the Middle East and Africa, Dr. Maksym Subh.
The bilateral relations between Ghana and Ukraine began in August 1992, shortly after Ukraine gained independence. Political cooperation has been their main focus for many years, and a foundation for mutual understanding and collaboration has been laid. Ghana’s exporting commodities (manganese, aluminium ore, cocoa powder) make economic and trade relations promising for Ukraine. Ukraine has exported hot-rolled iron bars, raw iron bars, and cold-rolled iron to Ghana. These dynamics have been disrupted by the ongoing conflict in Ukraine, and the progress towards strategic outcomes was hindered. According to Dr. Maksym Subh, the key to advancing cooperation and understanding between the two countries is formal and informal humanitarian contacts.
Ghana’s unwavering support for Ukraine’s territorial integrity amidst the Russia-Ukraine conflict has been expressed by Deputy Minister of Foreign Affairs and Regional Integration, Kwaku Ampratum-Sarpong.
According to the Deputy Minister, the visit of a Ukrainian trade delegation in April 2018 has rejuvenated trade relations between the two countries. Agriculture, transportation, industrial equipment, telecommunications and paving the way for enhanced economic collaboration were included in the list of the areas of discussion. As Kwaku Ampratum-Sarpong added, Ghana is still an attractive destination for business on the continent, especially for Foreign Direct Investment.
He indicated that the commencement of trading activities under the African Continental Free Trade Area (AfCFTA) made of Ghana the gateway to economic growth for the entire continent.
A significant milestone in international diplomacy was marked by the establishment of the Ukraine Embassy, as well as the commitment of both Ukraine and Ghana to fostering closer ties and collaboration was reinforced.
NH Logistics UKR has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Ukraine and Eurasia, supporting many clients with their import/export shipments.

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As German Agriculture Minister Cem Ozdemir said before a meeting of the European Union’s Agriculture and Fisheries Council configuration (AGRIFISH) that was held in Brussels on Tuesday, European Council representatives achieved a compromise on extending the autonomous trade measures for admitting Ukrainian agrarian products to the European market through a dialogue. Germany welcomes it and will continue to help Ukraine normalize its exports to global markets, including to countries of the Global South.
According to Ozdemir, the compromise is welcomed and it enjoyed massive support in Germany. Ukrainian media quoted that Germany was interested in ensuring the continuation of Ukrainian exports of agricultural products, primarily to destinations in the Global South, where food products are needed urgently.
Nevertheless, the Minister said that wheat had been called for excluding from the list of sensitive products by Berlin.
The compromise was described by Ozdemir as “reasonable,” as the EU agricultural sector’s and Ukraine’s interests are simultaneously promoted by it.
According to the report, a provisional deal on renewing the suspension of import duties and quotas on Ukrainian exports to the EU until June 5, 2025 was reached by the European Parliament and the European Council on Monday. Protective measures for farmers in EU countries have also been provided.
As the European Parliament said in a statement on its website, these unilateral trade liberalization measures will help stabilize the Ukrainian economy and facilitate the country’s gradual integration into the EU’s internal market.
It was also said that the European Commission will be empowered to take swift action and impose any measures it deems necessary in the instance of significant disruption to the EU market or the markets of one or more EU countries due to Ukrainian imports, for instance wheat.
For example, the EU may apply an emergency brake for particularly sensitive agricultural products, i.e. poultry, eggs, sugar, oats, groats, maize and honey as part of reinforced safeguard measures aimed at protecting its farmers. The extension of the reference period used as a base for employing this automatic safeguard was agreed on by negotiators.
Nevertheless, tariffs would be reviewed if imports of these products rise above the average of import volumes recorded in the second half of 2021 over the whole of 2022 and 2023. It was also committed by the European Commission to step up its monitoring of imports of grain, particularly wheat.
NH Logistics UKR has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Ukraine and Eurasia, supporting many clients with their import/export shipments.

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As Zhou Qian, the Chinese Ambassador to Georgia, noted on Saturday, the bilateral trade turnover with Georgia amounted to $2 billion and increased by 48 percent in 2023, compared to the previous year. The total number of investments from China to Georgia exceeded $800 million.
The Ambassador said in his exclusive interview with Imedi TV channel that China has been one of Georgia’s leading trade partners and the largest investor for many years. He also explained that Georgia’s favorable geographical location and free trade regimes with many countries makes it interesting for Chinese companies.
“Readiness” of the Chinese companies to engage in the process of developing Georgia as an energy, transport and digital hub was emphasized by Qian, as well as the establishment of a strategic partnership between the two states and the benefit of the implementation of the visa-free regime in this regard were also stressed by him.
According to the Ambassador, the Chinese Railway Department is ready to be “actively involved” in the investment, construction and operation of the Georgian railway, ports, as well as energy and other projects, which would be connected to the Middle Corridor, a multimodal transport corridor connecting China to Europe through the South Caucasus.
One Belt One Road initiative, the Chinese global infrastructure development strategy to invest in more than 150 countries, including Georgia, was also highlighted by Qian. He said that Georgia was “the first to respond to” this initiative and become a beneficiary of China’s “huge market”.
Middle Corridor plays a very important role for Georgia. Chinese companies are also interested in “all infrastructure projects”.
As Qian announced, the visa-free regime between the countries would “most likely” be officially signed in April and would be implemented in the coming months. He also noted that China and Georgia were “actively working” to add more direct flights.
People-to-people contacts will be undoubtedly facilitated, trade and investment cooperation between the two countries will also be activated and the number of Chinese tourists [in Georgia] will be increased due to this. The Chinese Ambassador expressed his hope for preservation of the spirit of the historical Silk Road and strengthening of cooperation of the two people in the future.
Qian announced Georgia’s participation in the international tourism exhibition – ITB China – that will take place in May in Shanghai and pointed out that Georgia and cooperation between tourist agencies of the two states would be further promoted in China.
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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GEOSTAT data reports that trade between Georgia and Armenia reached 100.623 million USD in January-February 2024 (103.2 million USD less than in the same period of the previous year).
Compared to the same period of 2023, exports from Georgia fell down from 133.082 million USD to 78.795 million USD in January-February 2024.
Imports decreased by almost 50 million USD compared to the same period of 2023 year and attained 21,828 million USD.
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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A provisional agreement on extending trade liberalization measures for Ukraine in the face of Russia’s war of aggression was reached by the EU Parliament and Council on Wednesday.
EP stated that they will renew the temporary suspension of import duties and quotas on Ukrainian agricultural exports to the EU for another year, until 5 June 2025, to support Ukraine amidst Russia’s continuing war of aggression.
At the same time, swift action can be taken and any measures can be imposed by the European Commission in case if Ukrainian imports make any significant disruption to the EU market or the markets of one or more EU countries.
The current regulation admits the application of an “emergency brake” “for particularly sensitive agricultural products, namely poultry, eggs, and sugar.” MEPs promised that oats, maize, groats, and honey won’t be included in this list.
Firm commitments from the European Commission to take action if there is a surge of Ukrainian imports of wheat were also attained.
They will re –impose tariffs if imports of these products exceed the average volume of the previous two years.
According to Sandra Kalniete (EPP, Latvia), EU’s continued commitment to stand by Ukraine in the face of Russia’s brutal war of aggression until Ukraine’s victory is reinforced by this agreement.
Meanwhile, EU farmers’ concern made the European Parliament expand protective measures to reduce the pressure on the agricultural sector in the event of a sudden surge in Ukrainian imports.
Autonomous trade measures allowing duty-free access for all Ukrainian goods introduced by the EU after Russia’s full-scale invasion of Ukraine were extended for 12 months in 2023.
Farmers are protesting against agro imports from Ukraine in several EU member states, including Poland.
NH Logistics UKR has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Ukraine and Eurasia, supporting many clients with their import/export shipments.

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The series of terrorist attacks occurring in Turkey in the recent past were strictly condemned by Georgia’s Prime Minister Giorgi Kvirikashvili at the meeting with his Turkish counterpart Binali Yildirim at Dolmabahce Palace in Istanbul today.
During his working visit to Turkey Kvirikashvili attended the opening of the Eurasia Tunnel, discussed bilateral issue and planned further deepening of economic relations between the two states with Binali Yildirim.
According to the Turkish official notes, the country had been Georgia’s number one trade partner since 2007.
According to Yildirim, Turkey supported Georgia’s European and Euro-Atlantic integration and its territorial integrity.
As Kvirikashvili stressed in his speech, Turkey’s role in ensuring regional stability was “huge” and that he attached great importance to Turkey’s demonstrated support for Georgia.
The meeting between Kvirikashvili and Turkish President Recep Tayyip Erdogan will also take place in Istanbul.
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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As the National Statistics office said on Monday, Turkey ($232.6 million), Russia ($190 million) and China ($96.4 million) were the top trading partners of Georgia in its total external trade turnover in January.
Kyrgyzstan ($46.2mln), Russia ($41.6mln) and Azerbaijan ($40.9mln) were Georgia’s top trading partners by exports, while Turkey ($203.1mln), Russia ($148.4mln) and China topped ($76.4mln) imports.
Motor vehicles ($112 million, 33.1 percent of total exports), ferro-alloys ($19.4 million, 5.7 percent) and wine ($18 million, 5.3 percent) were the top export items.
Motor vehicles ($101.4 million, 10.1 percent of the total imports), petroleum and petroleum oils ($80.4 million, 8 percent), petroleum gases and other gaseous hydrocarbons ($66.8 million, 6.7 percent) were included in the list of the three top import commodities.
Totally, Georgia’s external trade turnover showed a 14.8 percent year-on-year increase and reached $1.34 billion in January.
A decrease by 26.2 percent was shown by the value of exports ($338.6 million in total), and also by 10.1 percent by imports ($1 billion) in the reporting period.
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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According to the report of Ministry of Economy and Sustainable Development, Georgia’s trade turnover with the European Union increased by 15% last year and amounted to 4.5 billion dollars.
Genadi Arveladze, Deputy Minister of Economy and Sustainable Development, said that such Georgian export products as mineral water, fruit and vegetable preserves have increased.
According to Arveladze’s, the decrease in copper ores and ferroalloys in the EU market and also in other international markets caused 16.7% of the 18% of the total decrease.
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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As Prime Minister of Ukraine Denys Shmyhal said during a joint briefing with Executive Vice President of the European Commission Valdis Dombrovskis, agreements in principle on further tariff liberalization of the trade regime between Ukraine and the European Union within the current cadence of the European Commission are necessary for Ukraine.
Autonomous trade liberalization measures needed for Ukraine’s further economic integration into the EU market were also discussed during the meeting. As Prime Minister said, the constructive approach of the European Commission in developing an initiative to extend autonomous trade liberalization measures for the state until June 2025 are supported by Ukraine.
He emphasized on the positive vote in the European Parliament’s committee on this issue and expressed his hope for a balanced position of the European Parliament during the vote on the extension of such measures and the approval of the European Commission’s proposal without any amendments.
Shmyhal noted that the mechanism provided for in Article 29(4) of the EU-Ukraine Association Agreement primarily provides such opportunities for Ukraine.
The Prime Minister expressed his conviction that they must set ambitious goals and work together to achieve them.
Ukrinform reported that the extension of trade liberalization measures to support Ukraine and Moldova was approved by the European Parliament’s Committee on International Trade on Thursday.
NH Logistics UKR has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Ukraine and Eurasia, supporting many clients with their import/export shipments.

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The growing momentum in bilateral relations between the two nations is highlighted by the recent meeting between Azerbaijan’s Minister of Labor and Social Protection of Population and Co-Chair of the Intergovernmental Commission on Trade and Economic Cooperation, Sahil Babayev, and Serbia’s Ambassador to Azerbaijan, Dragan Vladisavljević.
The significant progress was achieved in Azerbaijan-Serbia relations, and the bilateral ties have been elevated to the status of a strategic partnership.
Mutual appreciation for the expanding scope of relations and the notable increase in trade turnover between Azerbaijan and Serbia marked the discussions between Minister Babayev and Ambassador Vladisavljević. Intergovernmental Commission on Trade and Economic Cooperation played the active role in fostering closer economic ties between the two nations.
Serbia’s steadfast determination to broaden its engagement with Azerbaijan, was reaffirmed by Ambassador Vladisavljević.
The parties directed their attention towards exploring the current state and future prospects of cooperation across multiple sectors (energy, transport-logistics, social welfare, agriculture, education, humanitarian aid, infrastructure) during the meeting. Eagerness to capitalize on existing synergies and explore new avenues of collaboration to unlock the full potential of their partnership was expressed by both sides.
Opportunities for mutually beneficial cooperation with Serbia in the energy sector are presented by Azerbaijan’s expertise and resources. Trade flows between the two countries and beyond are smoothed and connectivity is enhanced due to collaborative efforts.
Economic growth and regional connectivity can be bolstered further due to strengthening infrastructure ties and cooperation in social welfare, agriculture, education, and humanitarian initiatives. It will contribute to the well-being and development of both countries.
A shared commitment to fostering peace, stability and prosperity in the region makes Azerbaijan and Serbia cooperate deeper and cooperate resiliently to benefit their peoples and contribute to regional development.
A renewed commitment to advancing Azerbaijan-Serbia relations across multiple fronts is signaled by the meeting between Minister Sahil Babayev and Ambassador Dragan Vladisavljević. Both countries are willing to unlock new opportunities and cement their status as valued partners on the global stage. To do that, they explore avenues for cooperation.
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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