Kazakhstan and Uzbekistan set up UzQazTrade company

QazTrade trade policy development centre and UzTrade JSC founded the UzQazTrade foreign trade company to boost mutual turnover between Kazakhstan and Uzbekistan, Kazinform quotes the Kazakh Trade Ministry. According to QazTrade director general Nuraly Bukeikhanov, the development of a joint company will let Kazakhstani companies increase amount of deliveries of goods to both markets, contribute … Read more

Georgian domestic exports up 20.3% in January-February

Georgia has exported locally produced goods worth $914.8 million between January and February. Photo: Nino Alavidze/Agenda.ge Georgia has exported locally produced goods worth $914.8 million between January and February, which is 20.3 percent higher year-on-year, the preliminary data from the National Statistics Office of Georgia show. Geostat said local exports in the country had accounted … Read more

Azerbaijan’s Favorable Climate for Foreign Investments

Azerbaijan, situated at the crossroads of Europe and Asia, presents investors with plentiful opportunities, chiefly in the area of oil and gas, tourism, and agriculture, as well as policies developed to stimulate foreign investment and enhance the investment environment. Furthermore, Azerbaijan invested in order to gain access to additional markets and strengthen its presence in … Read more

Prospects for transport cooperation are discussed by Azerbaijan and Latvia

A meeting between Azerbaijan’s Deputy Minister of Digital Development and Transport Rahman Hummatov and Director General at the Investment and Development Agency of Latvia Kaspars Rozkalns has been held.
Prospects for cooperation in the field of transport were discussed by the sides during the meeting. Cargo transportation between the Baltic and Caspian Seas was the main topic of the discussions. The issues of finding suitable routes and transporting goods over these routes were highlighted the meeting.
Views on establishment of cooperation in the field of digitalization of transport, as well as ICT, cyber security, “smart cities” were also exchanged by the pair.

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Levies on import of Serbian milk and dairy products are requested to be withdrawn by European Commission

According to a letter sent to the prime minister of Serbia, Ana Brnabic, Serbia is requested by the European Commission to withdraw the implemented levies on the import of milk and dairy products.
Concern over the various trade restrictions implemented by Serbia in the past months, including the recently implemented levies, importing fees on milk and dairy products, is expressed in a letter sent by the EC to Brnabic.
The levies were not discussed with the EU before implementation, so the EC is calling Serbia to withdraw these restrictive measures.
As the EC confirmed, the obligations from the Stabilization and Association Agreement with the EU were not met by Serbia, because it didn’t consult the EU before implementing those measures and because a satisfactory justification for their implementation wasn’t provided.
Serbia is invited by the letter to withdraw the implemented measures, and unjustified new trade restrictions violating the conditions from the Regulation 1215/2009 and the amended Regulation 2020/2172 are pointed out.
The decision pertaining to the implementation of levies (import fees) of RSD 15 per liter of milk and RSD 30 per kilogram of seven types of cheese – Emmental, Cheddar, Edam, Tilsit, Kashkaval, Maasdam and Gouda was adopted by the Government of Serbia on February 17. The decision was made public by the Ministry of Agriculture of Serbia on February 20.
A positive reaction of agriculturists followed to the implementation of the import fees when it comes to milk, but the implementation of considerably higher levies on Kashkaval and hard cheeses (ten times as high as the current ones) is still being called for by them.
Milk producers’ protests continue. The Sabac Bridge was blocked for two hours on Friday, March 10. The protestors demanded the rise of the milk premiums to RSD 20, the increase of subsidies to RSD 40,000 per head of livestock, the implementation of levies on the import of prepared dairy products and the determination of guaranteed purchase price of milk.

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Ukraine’s trade turnover down 30% this year – State Customs Service

Ukraine’s trade turnover amounted to $16.6 billion in January-February 2023, or 30% less than in the same period of 2022. That’s according to the press service of the Ukrainian State Customs Service, Ukrinform reports. “During January-February of the current year, Ukraine imported $10.1 billion worth of goods and exported them for $6.5 billion. At the … Read more

Georgian external trade up 12.3% in January-February 2023

The value of exports rose by 20.3 percent and equalled $914.7 million, while imports also grew by nine percent, amounting to $1.98 billion in the reporting period. Georgian external trade turnover amounted to $2.89 billion in January-February 2023, posting a 12.3 percent increase year-on-year, the Georgian National Statistics Office revealed on Monday. The value of … Read more

Azerbaijan, Latvia discuss prospects for transport cooperation

Azerbaijan’s Deputy Minister of Digital Development and Transport Rahman Hummatov has met with Director General at the Investment and Development Agency of Latvia Kaspars Rozkalns, who is on a visit to the country. During the meeting, the sides discussed prospects for cooperation in the field of transport. Discussions revolved around cargo transportation between the Baltic … Read more