The European Parliament Committee on Transport and Tourism has approved two separate agreements with Ukraine and Moldova to make the cross-border transport of goods easier. The relevant statement was made by the European Parliament, an Ukrinform correspondent reports. The new EU road transport agreements with Ukraine and Moldova would replace existing bilateral transport agreements with … Read more
From January to the end of August this year, Serbia’s exports increased by 26.2 percent, but mostly thanks to the rise in prices of exported goods which went up by 20.5 percent, while the quantity of export products increased by only 4.7 percent, according to the data from the State Statistics Office (RZS). The same … Read more
Madyar Menelikov, Ambassador of Kazakhstan to the UAE, said that the UAE is one of Kazakhstan’s main trading partners in the Middle East, and the volume of trade exchange between the two countries during the past year amounted to US$907 million, WAM reports. The announcement came during a ceremony on the occasion of Kazakhstan National … Read more
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
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
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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In October 2022, Ukraine exported about 2.12 million tonnes of grain and leguminous crops. More than 10.85 million tonnes of grain has been exported since the beginning of the marketing year. The relevant statement was made by the Ukrainian Agrarian Policy and Food Ministry, an Ukrinform correspondent reports. Between October 1, 2022 and October 17, … Read more
The Government of Serbia adopted at today’s session the Decision on the Temporary Ban on the Export and Taking Out of Natural Gas, which will be in effect until October 31, so as to ensure a secure supply of the local market and prevent the potential damage to the economy and the citizens. The decision, … Read more
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
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