Serbian Prime Minister Ana Brnabic said on Monday that a free trade agreement with the United Arab Emirates was in the focus of her visit to Dubai. An Instagram post said that a draft free trade agreement would be sent to the UAE. “I expect it to be signed in the next three months and … Read more
The draft law ratifying the agreement between the Kazakh and Azerbaijani governments on cooperation in the field of quarantine and plant protection was approved by deputies of the Majilis of the Kazakh Parliament, Kazinform correspondent reports. Kazakhstan joined the International Plant Protection Convention (IPPC) on April 29, 2010. The international obligations Kazakhstan made include observance … Read more
In 2022, Georgia’s car export and import increased, according to the Office of the State Treasurer, in 11th month of 2022, the budget received GEL 202.4 million in income through car excise tax which is 20% or GEL 34.1 million more compared to the data for 11 months of 2021. In 2021, the total volume … Read more
The Azerbaijani National Confederation of Organizations of Entrepreneurs (Employers) (ASK) and the Serbian Chamber of Commerce and Industry have signed an agreement on mutual understanding and cooperation, Azernews reports. The purpose of the agreement is to expand the prospects for cooperation with business circles operating in Serbia and increase the export-import potential of business entities … Read more
Armenia and Turkey are launching direct air cargo transportation. According to Anadolu News Agency, direct air cargo transportation between Armenia and Turkey is permitted from January 1, 2023. According to the sources, the decision was adopted following the negotiations between the representatives of the two countries, including the special envoys for the normalization of the … Read more
According to Azernews, joint measures to expand trade, economic, and investment cooperation, have been discussed by Azerbaijan and Uzbekistan.
It was during the meeting between Uzbek Foreign Minister Bakhtiyor Saidov and Azerbaijani Ambassador Huseyn Guliyev where the discussion took place.
A dynamic development of Uzbek-Azerbaijani relations, strategic partnership and multifaceted cooperation in all directions between the countries due to the regular and fruitful dialogue at the highest level was noted by the parties during the meeting.
The schedule of planned events, including the next meeting of the joint intergovernmental commission on cooperation between Azerbaijan and Uzbekistan, as well as the next round of political consultations through the foreign ministries of the two countries was considered by the parties.
The implementation of joint projects in the automotive, petrochemical, energy and agricultural sectors was additionally discussed by the sides.
Azerbaijan and Uzbekistan established diplomatic relations on October 2, 1995. Azerbaijan established the embassy in Uzbekistan in August 1996, while Uzbekistan opened the embassy in Azerbaijan in July 1998.
Shared values and historical ties, as well as a number of joint statements and agreements signed during bilateral visits and meetings are the basis of the friendly relations between the two countries.
The trade turnover between Azerbaijan and Uzbekistan reached $111.9 million in 2021.
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According to the National Statistical Committee (NSC), Armenia’s foreign trade in the first 11 months of 2022 showed growth by 67.8% compared to the same time period in 2021 and attained $12.5 billion.
Only in November 2022, the country’s foreign trade grew up by 74.5% compared to November 2021, but compared to October 2022 it fell down by 2%. The foreign trade surpassed 5.3 trillion Armenian drams.
The amount of over $4.7 billion was attained by Armenian exports in 11 months of 2022, compared to January-November 2021, (up by 75.2%). Only in November 2022 alone, an increase by 95.8% compared to November 2021 was shown by the exports, but compared to October 2022, it was a decrease by 8.4%. The total exports in eleven months of 2022 surpassed 2 trillion drams.
An increase of 63.6% compared to January-November 2021 was attained by Armenian imports during the reporting period (over $7.7 billion). A 69.9% growth was reached by imports in November 2022 compared to November 2021 and 2.4% compared to October 2022. Total imports in January-November 2022 surpassed 3.32 trillion drams. ($1 – 393.81 drams).
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Ukraine and Brazil are interested in expanding bilateral trade through the removal of trade barriers, promoting business development, and implementing projects within the Investment Menu. “The Ukrainian delegation has already held several meetings with President of Brazil Luiz Inácio Lula da Silva during which the peace formula for the world, outlined by President of Ukraine … Read more
Serbia’s foreign trade in the January-November 2022 period stood at 59.27 billion Euro or 30.8 percent higher than in the same period a year earlier, the Republic Statistics Office (RZS) said on Thursday. Serbia’s exports in those 11 months totaled 24.81 billion Euro or 26.4 percent higher than in 2021 while imports totaled 34.46 billion … Read more
The gross inflow of foreign direct investment (FDI) into Kazakhstan increased by 17.8 percent and reached $22.1 billion in nine months of 2022, reported the Foreign Ministry’s press service on Dec. 30. Manufacturing became the dominant industry for investment, with a 36.9-percent growth ($4.9 billion). The wholesale and retail trade investment saw a 32.6-percent increase … Read more