NEWS

CEFTA Begins Implementing Transitional Rules on February 1, 2023 – More Flexible Rules of Origin of Goods to Improve Export Competitiveness

by

CEFTA Parties start applying the transitional rules on the preferential origin of goods, alongside the with the rules of the Pan-Euro-Mediterranean (PEM) Convention. While waiting for the revision of PEM Convention most of the PEM contracting parties, including CEFTA Parties, EU and EFTA, decided to allow companies to benefit from the modernized and simplified rules … Read more

Shymkent to Become Major Transport, Logistics Hub for Central Asia, Says Kazakh PM

by

Kazakh Prime Minister Alikhan Smailov visited a large trading-logistics center and major industrial facilities, including a lead processing plant, pharmaceutical enterprise, oil refinery, and aluminum can production plant on Jan. 27 as part of his working trip to Shymkent, reported the Prime Minister’s press office. “The center’s expansion will allow Shymkent to become a transport … Read more

Azerbaijan`s exports to Kuwait doubled in 2022

by

Head of the Azerbaijan Export and Investment Promotion Agency (AZPROMO) Yusif Abdullayev has met with Ambassador of the State of Kuwait to the country Abdullah Muhammad Almauidi as they hailed the fact that Azerbaijan-Kuwait trade turnover, including Azerbaijan’s exports to Kuwait doubled in 2022. Head of AZPROMO Yusif Abdullayev highlighted the business and investment promotion … Read more

Economy and trade are discussed by Azerbaijan and Hungary ahead of President Aliyev’s official visit

by

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

Historic high is hit by Kazakh-Chinese trade turnover

by

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

Ukraine’s farming lobby seeks extension of EU favorable trade regime for agricultural products

by

The extension of the European Union’s favourable conditions for imports and transit of Ukrainian agricultural products, which expire on June 5, 2023, are important for Ukraine, because the agricultural sector is a key element of the country’s economy, a mainstay of its exports and a guarantor of forex revenue from trade, the Ukrainian Agrarian Council … Read more

New rules for exporting to Germany

by

The export of raw materials, components, semi-finished products and services to the German market has been subject to a new, stricter regime since January 1. Companies must now prove they are not polluting the environment and respect human rights before they export to Germany, according to Germany’s new law on supply chains. The law does … Read more

Kazakh-Chinese trade turnover hits historic high

by

The trade turnover between Kazakhstan and China reached $31.2bn in 2022 The trade turnover between Kazakhstan and China reached $31.2bn in 2022, Kazinform cites the press service of the Kazakh embassy in China. A 23.6% increase in Kazakh-Chinese mutual trade was possible thanks to a 133.7% growth in Kazakh exports of agricultural products, 58% rise … Read more

Georgian domestic exports up 31.8% in 2022

by

Georgia has exported locally produced goods worth $5.59 billion in 2022, which is a 31.8 percent increase year-on-year. Georgia has exported locally produced goods worth $5.59 billion in 2022, which is a 31.8 percent increase year-on-year, preliminary data from the National Statistics Office of Georgia show. Geostat said local exports in the country had accounted … Read more