President Dr Arif Alvi has underlined the need for substantially enhancing the volume of trade between Pakistan and Serbia and promote business and trade activities between the two countries to fully achieve the potential of trade and economic cooperation. The president expressed these views while talking to Pakistan’s Ambassador-designate to Serbia, Ali Haider Altaf, who … Read more
Our countries connect West and East, North and South. For this reason, in the current transitional period, it is crucial to raise the potential of the transport-transport communications and maximum use their capacities. Head of State Kassym-Jomart Tokayev said it at the OTS Summit in Samarkand today, Kazinform learned from the Akorda press service. The … Read more
Georgia’s foreign trade turnover of goods amounted to USD 15.2 billion between January-October 2022 – a 33.5% increase as compared to the same period last year, according to the preliminary estimates released by the National Statistics Office (Geostat) on November 14. Exports grew by 34% to USD 4.54 billion, while imports increased by 33.2% to … Read more
The volume of cargo transportation along the Trans-Caspian International Transport Route (TITR, Middle Corridor) significantly grew in the first nine months of 2022, Trend reports on October 21 via Kazakhstan Railways National Company JSC. This issue was discussed during the meeting of TITR International Association, held in Tbilisi under the chairmanship of the head of … Read more
Armenian Foreign Minister Ararat Mirzoyan, who is in Paris on a working visit, had a meeting with France’s Minister Delegate for Foreign Trade, Economic Attractiveness and French Nationals Abroad Olivier Becht, ARMENPRESS was informed from the Ministry of Foreign Affairs. The interlocutors referred to the steps necessary for deepening of the trade and economic ties … Read more
According to the Statistical Committee, the biggest share in Armenia’s exports in the first 9 months of this year belonged to mineral products, whereas in the imports, machinery, equipment and mechanisms had it.
An increase by 63.8% compared to the same period of the previous year was shown by Armenia’s exports in January-September (3 billion 509 million 421.2 thousand dollars).
The export to the countries of the Eurasian Economic Union (EAEU) grew up 2.4 times compared to the same period of the past year and comprised 1 billion 467 million 370.5 thousand dollars.
The export to the member states of the European Union rose up by 23.9% compared to the same period of the previous year (totally 606 million 568.3 thousand dollars).
Mineral products was the most exported product by Armenia– 785 million 398.5 thousand dollars (4.2 times increase compared to the same period of the previous year). Ready-made food products followed the mineral products and attained a 44.7% increase compared to January-September 2021 (605 million 400.7 thousand dollars).
Precious and semi-precious stones, precious metals and items made of precious metals were the next. Their export volume increased 2.7 times compared to the same period of the previous year and attained 597 million 341.0 thousand dollars.
Machines, equipment and mechanisms are the first in terms of import volumes– 1 billion 109 million 076.2 thousand dollars (an 84.9% increase compared to the same period of the previous year). The mineral products came after them with 858 million 430.1 thousand dollars (a 32.7% growth compared to the same period of the previous year).
Source Link
According to Georgian economy minister Levan Davitashvili, the country could play the “leading” role in the process of connecting the countries of the South Caucasus and Central Asian regions with the European Union.
As the European Commissioner for Energy and Adina Vălean, the Commissioner for Transport said making the comment following the meeting between Davitashvili and Kadri Simson, Georgia had “confidence and unconditional historical advantages” to fulfil the role.
A “very important work” done by the Georgian government throughout the past year to ensure Central Asian states and to “closely connect” Azerbaijan and other regional states with the EU was highlighted by the minister.
According to him, Georgia could also play an “important role” in the economic security and development of Europe.
According to Davitashvili, alternative sources of energy supply are being looked for by Europe, as well as alternative routes for the European economy in general, alternative connection with Asia and main trade partners – in this regard, Georgia can become an important and reliable partner, which the country is able to do today, and the potential of this cooperation is even greater.
It was stressed by the Georgian official that sectoral integration was an “important prerequisite” for the country to finally become a full member of the EU.
Davitashvili said that the European Commissioners noted that Georgia has fulfilled more than 60 percent of its obligations defined by the agreement [with the EU] on the Deep and Comprehensive Free Trade Area, and recognized it as an important prerequisite for Georgia’s progress towards EU membership to continue.
Source Link
In October, Ukraine exported goods worth $3.8 billion, while imports stood at $4.6 billion. That’s according to the Deputy Minister of Economy – Trade Envoy Taras Kachka, reports Ukrinform. “In general, the value of exports amounted to $3.8 billion. This is 8.2% lower than in September. This was due to both a decrease in export … Read more
The export of furniture made from any material amounted to USD 500 million in the first eight months of this year, which is an increase of nearly 6% compared to last year, said the minister of internal and foreign trade of Serbia, Tomislav Momirovic, at the opening of the 58th International Fair of Furniture, Equipment … Read more
China’s Qingdao international port is ready to export Kazakh products to the countries of the Asia-Pacific region, said Xu Xiang, Director of the Administrative Department of Qingdao Port International Container Development, during а Nov. 4 meeting with the Kazakh Invest National Company in Astana, reported the Kazakh Invest press service. Located on the shores of … Read more