Trade in Armenia increased by about $80 million, PM says

From January 1 to April 20, 2022, trade in Armenia increased by 550 billion drams (approx. US$80 million) compared to 2021. Prime Minister Nikol Pashinyan announced this at Thursday’s Cabinet meeting of the government. He admitted, however, that inflation had played a certain part in this. “But its role is not higher than 15 to … Read more

Interregional cooperation between Uzbekistan and China is strengthened.

Uzbekistan and China organized a “business workshop” with the participation of representatives of the authorities and business circles of Karakalpakstan, Namangan region and the Chinese province of Hebei in order to use the potential of the regions and to increase further development of trade-economic and investment cooperation between the two countries.
Thematic presentations were made during the event by representatives of Uzpharmagency, Uzkimyosanoat and Uztuqimachiliksanoat.
The main sectors of the regional economy, their potentials for further development of trade and investment exchange were presented during the meeting, and presentations of projects for joint implementation were made.
A joint work plan with the definition of specific areas of cooperation and activities and preparation of bilateral documents for signing were agreed on by the parties following the event in order to create a legal framework for cooperation. Additional bilateral negotiations between companies in the regions are going to be conducted to discuss in detail the projects proposed during the presentation in such industries, like textiles, chemicals, agriculture, building materials and others.

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Sugar imports to Kazakhstan decreased by 32%.

According to Kazakh Agriculture Minister Yerbol Karashukeyev, Kazakhstan’s sugar imports will fall by 32% to increase the home-produced sugar supplies at the domestic markets from 7% to 43%.
He also told the Government meeting that annual sugar consumption in Kazakhstan stands at 532,000 tons. Irrigation water scarcity, sugar-beets labor-intensive growing methods, sugar-mills worn-out state, price dumping by Russian producers helped to fabricate 7% out of this amount in Kazakhstan.
The minister also added that an increase of sugar-beet gross yield is expected from 332,000 tons to 1.8 mln tons. Solving the problem of water supplies, an extension of cultivated areas from 14,500 ha to 38,000 ha, technical equipment, as well as launching the projects for updating and construction of a sugar mill with the infrastructure development of the industry will help to attain this result.
The target is to increase sugar production sevenfold up to 254,000 tons, and to reduce sugar imports by 32%.

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Uzbekistan, China strengthening interregional cooperation

In order to widely use the potential of the regions of Uzbekistan and China in the further development of trade-economic and investment cooperation between the two countries, the Embassy of our country organized a “business workshop” with the participation of representatives of the authorities and business circles of Karakalpakstan, Namangan region and the Chinese province … Read more

Ukraine, Latvia discuss possibility of agricultural exports via Latvian ports

Ukrainian Agrarian Policy and Food Minister Mykola Solskyi has paid a working visit to the Republic of Latvia to discuss the possibility of agricultural exports via Latvian ports. The relevant statement was made by the Ukrainian Agrarian Policy and Food Ministry, an Ukrinform correspondent reports. “As part of the visit, Ukrainian Agrarian Policy and Food … Read more

Kazakhstan to reduce sugar imports by 32% and rise of fertiliser export prices by 77.1%

Kazakhstan to reduce sugar imports by 32% «Kazakhstan will reduce sugar imports by 32% to raise the home-produced sugar supplies at the domestic markets from 7% to 43%,» Kazakh Agriculture Minister Yerbol Karashukeyev said. RELATED NEWS Crime rate drops by 7.6% in Kazakhstan Kazakh Health Minister says, COVID-19 pandemic ‘far from over’ Bill on biological … Read more

Georgian Revenue Service: all products under international sanctions list subject to strict customs control

The customs body also noted export of sanctioned goods imported to Georgia was “strictly controlled” to make sure Russian or Belarusian goods do not end up in the countries participating in the sanctions or vice-versa. Any type of goods, both military and dual-use, as well as all products included in the international sanctions imposed by … Read more

Azerbaijan increases exports to CIS and EU countries

Exports from Azerbaijan to CIS countries grew in the first quarter of this year, according to the State Customs Committee. Official figures suggest that Azerbaijan exported goods worth $575.361 million to CIS countries in Q1 of 2022, which is $216.820 million more than in the same period of 2021. According to the committee, imports from … Read more