NEWS

The Enterprise Georgia, the state agency promoting entrepreneurship, investment and exports, has implemented a program supporting establishment of export market connections, and about 20 Georgian enterprises have been visited by French, Dutch and British buyers.
Textile industry, packaging material and toy enterprises were shown to the visitors during three days.
According to Tornike Zirakishvili, the Deputy Director of Enterprise Georgia, it is important to show export opportunities of Georgian companies to prospective foreign partners to encourage more exports from Georgia.
Partners of the program, OCO Global consulting company and the United States Agency for International Development, help 50 local companies expand their connections and markets.
According to the Agency, various services help companies participating in the program “correctly position themselves” and increase sales in international markets.
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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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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