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According to Kazinform correspondent, the region’s governor Yeraly Tugzhanov and Elchin Mammadov, acting head of the Consulate General of Azerbaijan in Aktau, announced it at a meeting.
Yeraly Tugzhanov said that there are close relations between Aktobe region and many foreign countries today. He noted that it was especially important for Kazakhstan to strengthen the ties with Azerbaijan. The presidents of the two countries Ilham Aliyev and Kassym-Jomart Tokayev discussed the issues of transport and logistics infrastructure development and huge prospects in investments sector at the meeting.
Development of various ties including business was the goal of the discussion. Elchin Mammadov in his turn expressed the hope that the meeting will contribute to the strengthening of the bilateral relations.
A presentation of the region’s economic potential, highlighting that Aktobe region had been the country’s large transport and logistics hub, was made by Yeraly Tugzhanov.
According to him, more than 6 billion US dollars has been attracted by the region in the past 5 years. Foreign direct investments account for 25 percent of this sum. The region, notable for its location and a great number of mineral reserves, is the place where 1,100 foreign companies including transnational corporations are operating. Tugzhanov added that they have created favorable conditions for the implementation of projects in agriculture, machine-building, construction industry and tourism.
Aktobe region is the home for approximately 1,300 Azerbaijanis today.

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The amount of USD 459.0 million (38.5 percent up) was attained by the exports of Georgia (excluding non-declared exports) in January 2023. The domestic exports got the share of 56.4 percent (USD 258.8 million) in the total export (11.8 percent increase compared to the same period of 2022.
The top ten trading partners of Georgia by domestic exports got the share of 86.2 percent in the total domestic exports in January 2023. Russia (USD 76.7 million), China (USD 28.5 million) and Turkey (USD 27.5 million) were the top partners.
The first place in the list of top export items (USD 68.1 million, 26.3 percent of total exports) was reclaimed by copper ores and concentrates in January 2023. The share of the exports of ferroalloys in the total exports amounted to USD 50.8 million (19.6 percent). The third place was occupied by the exports of the nitrogenous fertilizers (USD 20.8 million, 8.0 percent of the total exports).

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The amount of USD 1 461.8 million (29.1 percent up compared to the same period of 2022) was achieved by the external merchandise trade (excluding non-declared trade) of Georgia in January 2023. The volume of the exports attained USD 459.0 million (38.5 percent increase), the amount of the imports equaled to USD 1 002.8 million (25.2 percent growth). The share of the negative trade balance in external trade turnover reached 37.2 percent (USD 543.9 million) in January 2023.
The top ten trading partners of Georgia by exports got the share amounted to 83.6 percent in the total exports in January2023. Russia (USD 87.8 million), Armenia (USD 69.8 million) and Azerbaijan (USD 51.9 million) were the top partners.
The top ten trading partners of Georgia by imports got the share amounted to 68.8 percent in the total imports in January 2023. Russia (USD 175.8 million), Turkey (USD 164.7 million) and Azerbaijan (USD 68.5 million) were the top partners.
The top ten trading partners of Georgia got the share amounted to 68.4 percent in the total external trade turnover in January 2023. Russia (USD 263.6 million), Turkey (USD 196.1 million) and Azerbaijan (USD 120.4 million) were the top trading partners.
The first place in the list of top export items (USD 104.3 million, 22.7 percent of total exports) was reclaimed by motor cars in January 2023. The share of the exports of copper ores and concentrates equaled to USD 68.1 million (14.8 percent of the total exports). The third place was occupied by the exports of ferro-alloys (USD 50.8 million, 11.1 percent of the total exports).
Petroleum gases and other gaseous hydrocarbons (USD 92.1 million (9.2 percent of the total imports) were the top import commodities in January 2023. The list was followed by the motor cars (USD 86.4 million (8.6 percent of imports). The third place in the top import commodity list was taken by the petroleum and petroleum oils (USD 82.3 million (8.2 percent of imports).

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According to the Food and Agriculture Organization of the United Nations (FAO), the website of the Development Agency of Serbia has published three detailed electronic guides for the export of fruit and vegetables to the markets of the USA, the Middle East and the Nordic Region.
The publications are aimed at boosting the competitiveness of the agricultural and food sector of Serbia. To achieve this aim, it is planned to inform additionally and educate local producers and exporters about the possibilities and an efficient placement of local products on important and growing foreign markets.
Guides specifically deal with the export of fresh, frozen and processed fruit and vegetables to the markets of the USA, the Middle East (United Arab Emirates and Saudi Arabia) and the Nordic Region (Sweden, Norway, Finland and Denmark).
Great potential of the chosen markets for the import of fruit and vegetables, connected with an extreme demand which makes it necessary for the companies to be well prepared and ready to deliver products of high quality, to fulfill the necessary standards for the placement of products in retail chains, specific to each country, was pointed out.
Moreover, in order to follow the market trends and to export the products successfully, companies need to meet the main requirements, such as the existence of functional, modern and attractive products packaging, familiarity with the procedures for entering distribution channels and the manner of negotiating.
A detailed analysis of the observed market, with specific trends regarding the demand for fruit and vegetables and a description of the expectations and behaviors of the consumers in that market, significant to the adequate packaging design, the creation of marketing campaign and the placement of the offer can be found in each guide.
The regulations and procedures for the import of fruit and vegetables to each market, along with the specification of the available distribution channels (importers/distributors, retail, HoReCa, online sales) and important fairs, conferences and publications are shown by the guides.
They have organized a series of free webinars for producers and exporters of fresh, frozen and processed fruit and vegetables from Serbia and the region within the project “Support to the Diversification of the Exports of the Agricultural and Food Sector of the Western Balkans and Eastern Europe” implemented by the FAO and the European Bank for Reconstruction and Development (EBRD).

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The National Statistics Office reports that 2,845.45 tons of garlic were imported by Georgia in 2022 and 1,455.40 tons in 2021. Garlic worth $1,687.41 million was brought by the country in 2022, while in 2021 imports amounted to $ 804.09 thousand.
The biggest amount of garlic in the last 13 years was bought by the country during the pandemic in 2020. According to Sakstat, Georgia imported a record amount of garlic (2,845.45 tons) in 2020.
45% of the total garlic imports in 2022 are accounted for China. Georgia imported 1,278.90 tons of garlic worth $ 777.78 thousand from China last year.
533.65 tons of garlic (19% of the total imports) made Turkey the second largest garlic importing country.

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A 6.3%-share makes the United States of America one of the TOP-5 largest trading partners of Georgia.
According to official statistics, during 2022, Georgia-USA trade turnover amounted to USD 1 billion 206 million. Trade between the countries increased by 43.1% compared to the same period in 2021.
78% of the total trade turnover with the USA accounts for imports, while 22% – for exports.
USD 941.3 million was spent this year by Georgia on American goods (45.2% increase compared to the previous year).
The largest part in the imports was taken by the share of light vehicles (88.5%).
Cars (USD 833.2 million), meat and poultry products (USD 7.7 million, 7 471 tons), other goods (USD 6.7 million), used clothes and products -(USD 6.1 million, 440 tons), transmitting radiotelephone equipment (USD 5.8 million, 3 tons), liquid crystal devices (USD 4.9 million, 10 tons), nuts (USD 4.8 million, 1 765 tons), frozen fish (USD 4.8 million, 2 405 tons), food products (USD 4.5 million, 114 tons), oilcake and other solid waste (USD 4 million, 7 234 tons) were top-10 importing commodities.
USD 265 million was earned by the country on exports of goods in the USA in 202 (a 36.2% increase compared to 2021).
Ferroalloys (USD 232.6 million, 102 185 tons), diodes, transistors and similar semiconductor devices (USD 6.8 million, 838 tons), natural grape wines (USD 5.2 million, 1,039 tons), fruit and vegetable juices (USD 2.7 million, 1 809 tons), pipes, tubes and hollow profiles, seamless, made of black metal (USD 1.9 million, 1 253 tons), aircraft parts (USD 1.7 million, 5 tons), non-denatured ethyl alcohol (USD 1.6 million, 660 tons), furniture and its parts (USD 1.5 million, 347 tons), products for transportation of goods (USD 1.3 million, 438 tons), mineral and fresh waters (USD 1.2 million, 2 123 tons) were top-10 exporting commodities.

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A meeting between the Head of the Azerbaijan Export and Investment Promotion Agency (AZPROMO) Yusif Abdullayev and Ambassador of the State of Kuwait to the country Abdullah Muhammad Almauidi has been held to hail the double growth of Azerbaijan-Kuwait trade turnover in 2022, including Azerbaijan’s exports to Kuwait.
The business and investment promotion mechanisms applied in Azerbaijan, the activities of the agency in this field, as well as the support provided to entrepreneurs were highlighted by the Head of AZPROMO Yusif Abdullayev. According to him, it is highly recommended to organize business forums and meetings between the two countries` businesspersons.
The potential for increasing mutual trade and investments, emphasizing the importance of expanding relations between the two countries` business circles was noted by Ambassador Abdullah Muhammad Almauidi.
Views on prospects for cooperation in various fields of the economy were exchanged by the sides during the meeting.

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According to the Kazakh Invest national company’s press service, prospects for cooperation were explored at a Jan. 31 Kazakhstan-Bavarian Investment Roundtable in Munich, the capital of Bavaria, by Kazakh and German officials and business leaders.
Kazakh investment potential’s attraction for expanding Kazakh-German cooperation was highlighted by Deputy Minister of Foreign Affairs Almas Aidarov.
German business leaders were encouraged by Aidarov to invest in Kazakh energy, raw materials, industrial and machinery projects and to develop cooperation in the transport and logistics, agriculture, education, science, and IT sectors.
Government preferences were focused on by Kazakh Invest Chairman Meirzhan Yussupov. Transportation and logistics network, promising opportunities and the country’s investment climate were among the questions asked by German business people.
Aidarov and Yussupov led the Kazakh delegation in Bavaria and held meetings with German companies.
The possibility of creating a scientific and innovative competence centre for working with polyamides and metal powders was addressed by the sides at a meeting with Markus Glasser, Senior Vice President of EOS GmbH, a global technology leader for industrial 3D printing of metals and polymers. A partnership agreement was signed by EOS GmbH and Satpayev Kazakh National Research Technical University following the meeting.
Plans to produce polyethylene wax and nano-particle products using a unique technology in Kazakhstan were announced by Sergej Schmitke, CEO of GS-Bavaria GmbH, a metal powder supplier in nanoparticle size.
Bilateral trade turnover reaching $2.36 billion in 2022 (a 7 percent increase over the previous year ($2.2 billion) makes Germany one of Kazakhstan’s most important partners in the European Union.
More than $5 billion have been invested Germany in foreign direct foreign investments in Kazakhstan’s economy since 2005, most of which has flowed to the processing and manufacturing industries. 52 projects worth more than $4 billion are included in the list of Kazakh-German investment projects.

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According to Azernews and to a tweet by Azerbaijan’s Economy Minister Mikayil Jabbarov, a meeting was held between him and Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto. The minister tweeted that the significance of the initiatives contributing to the bilateral relations has been highlighted during the meeting with Peter Szijjarto, the Minister of … Read more

According to the press service of the Kazakh embassy in China cited by Kazinform, the total volume of Kazakh-China trade turnover attained $31.2bn in 2022. The country’s General Customs Administration issued statistics showing that a 133.7% growth in Kazakh exports of agricultural products, 58% rise in exports of raw energy products, and 25.2% increase in … Read more