Freight turnover in Middle Corridor up by 30% – economy minister

Commenting on the route that aims to become an alternative to the long-established northern route through Russia, Davitashvili said it was “important” for the Middle Corridor to “maintain long-term competitiveness”. Photo: ministry of economy Georgian economy minister Levan Davitashvili on Friday said the freight turnover in the Middle Corridor – a fast-developing land and sea … Read more

Armenia’s trade turnover with EAEU states grows 74% – PM

Despite the global political tension and difficult socio-economic situation, the Eurasian Economic Union (EAEU) is consistently implementing the integration agenda, by deepening the cooperation between our countries, Prime Minister of Armenia Nikol Pashinyan said during the extended-format session of the Eurasian Intergovernmental Council in Yerevan. “In the current year, under conditions of new and ongoing … Read more

Penalties for truck overloading are to be tightened by Armenia

A fine will have to be paid in Armenia for each ton of excess weight by companies and legal entities involved in the transportation of goods if the vehicles in their possession are overloaded. This was said on Wednesday by Armen Danielyan, the acting head of the Office for the Coordination of Inspection Authorities of the Prime Minister’s Office, at the meeting of the parliamentary standing committee on economic issues in the National Assembly during the discussion of the bill on amendments to the Code of Administrative Offences.
According to him, they will impose the fine only in certain cases, for example, in case of the trucks’ appearance on the roads or highways of national importance. Meanwhile, it was clarified by Danielyan that such a penalty mechanism already exists and they successfully use it in the republic. Its only drawback is that the overload of a particular vehicle is not taken into account while imposing the above-mentioned fine. It means that they don’t take into account the weight on the part of inspection officials, so, the limit specified by the current legislation can be significantly exceeded, and the offender may subsequently pay only a one-time fine.
They propose to impose a fine for every extra ton of cargo, what will make it huge. According to the official, it will be 200 thousand drams for each ton, while at the moment the level of violation is not taken into account when they pay the amount.
Danielyan assured that the asphalt surface of the republic’s roads will be maintained at the proper level of quality and will be ridded of accelerated wear and tear by the stricter legislation. This process is significantly accelerated by the large weight of bulky vehicles loaded with various kinds of products. Additional costs from the state arise from there, as an impressive amount of money is required for the proper maintenance of highways.
A positive conclusion of the parliamentary commission was received by the legislative initiative after a relatively short discussion.

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Cargo transit via Kazakhstan increases

Kazakhstan has great plans for establishing transnational hubs, deputy chairman of the Transport Committee of the Ministry of Industry and Infrastructure Development Kassym Tlepov said at the Kazakhstan Global Investment Roundtable, Kazinform reports. $35bln have been invested in Kazakhstan’s transport sector in the past 15 years. 2,500km of railroads and 13,000km of motor roads have … Read more

Georgian domestic exports up 37.4% in January-September

Georgia’s top trading partners were China – $541.9 million, Russia – $400.4 million, Türkiye -$325.4 million. Photo: Nino Alavidze/agenda.ge Georgia has exported locally produced goods worth $4.09 billion between January-September, which is a 37.4 percent increase year-on-year, preliminary data from the national statistics office of Georgia show. Geostat said local exports in the country had … Read more

Azerbaijan’s foreign trade surplus hits $19.2bn in 3Q2022

Azerbaijan’s foreign trade surplus amounted to $19.2 billion from January to September 2022, Azernews reports per the State Customs Committee. The country’s trade turnover amounted to $39.8 billion in the first three quarters of the year. Of the total turnover, export amounted to $29.5 billion, or 74.1 percent, while import was $10.2 billion, or 25.8 … Read more

Armenia to tighten penalties for overloading of trucks

In Armenia, companies and legal entities involved in the transportation of goods will have to pay a fine for each ton of excess weight if the vehicles in their possession are overloaded. Armen Danielyan, the acting head of the Office for the Coordination of Inspection Authorities of the Prime Minister’s Office, said at the meeting … Read more

Nut-trees planting material export to EU is possible for Moldovan producers

Permission to export planting material of nut-trees to the European Union member states was granted to Moldova. The recommendation to interested people to negotiate with partners about commercial relations on the delivery of the product to the European Union was given by the National Food Safety Agency (ANSA) on 12 October.
According to the Agriculture and Food Industry Ministry, the amendments made to the European Union’s legislation permit to import grafted plants of Juglans regia L. (nut-tree) and mother/father plants of up to two years, with naked roots, in vegetative repose, without leaves from Moldova.
The right to export apple (Malus domestica) planting material to the European Union in the next three years was obtained by Moldova last August.
An efficient cooperation, at the technical level, between ANSA and the European Commission’s Directorate-General for Health and Food Safety, through the light of numerous exchanges of information and technical discussions with European experts made that possible.

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