Egypt and Serbia sign partnership declaration

Egypt and Serbia on Wednesday agreed to expand political, economic and other cooperation as the two countries seek ways to deal with the global consequences of the situation around Ukraine, AP reported. Egyptian President Abdel-Fattah el-Sisi was in Serbia for a three-day visit this week. This is the first visit by an Egyptian president in … Read more

European Council increases export quotas for some Moldovan agricultural products

The European Council has approved the increase, for one year, of the export quotas for several Moldovan farming products, the Economics Ministry reported today. „The producers from the agricultural sector of Moldova will be able to export to the European Union’s market, during one year, substantially larger quantities of farming goods, without the payment of … Read more

Georgia, Uzbekistan to deepen economic, transit ties

Georgian Economy Minister Levan Davitashvili said cooperation was a “priority” for both countries from the economic point of view, resulting in the setting of “specific goals” of cooperation, which would be implemented within the bilateral intergovernmental commission this year. An intergovernmental commission meeting will be held in Tashkent this year with the aim to discuss … Read more

Turkiye was top export destination of Azerbaijan’s non-oil products in January-June 2022

Turkiye was the top export destination of Azerbaijan’s non-oil products in January-June of this year, according to the State Customs Committee. Official statistics suggests that Turkiye, Russia, Georgia, Switzerland and the US were the five major export destinations of Azerbaijan’s non-oil products. The volume of export with Turkiye made $428.4 million, while it amounted to … Read more

In first 5 months of 2022, about $76 million worth of goods imported to Armenia from Turkey

Over the first 5 months of the current year, goods worth about $76 million were imported from Turkey to Armenia, the Statistical Committee’s press service informed Armenian News-NEWS.am. The January imports were $7.9 million, February – $14.9 million, March – $18.2 million, April – $17.8 million and May – $17.3 million. It is noteworthy that … Read more

Uzbek exports to Europe grew up by 86%

Trade turnover between Uzbekistan and the countries of the European Union (EU) showed growth by 22%, while exports from Uzbekistan to the EU by 86%, in the first five months of 2022.
Chemical products (6-fold growth), textiles (90% growth) and food products (65% growth) were among the product categories that showed the greatest increase.
Uzbekistan achieved this in 2021 as a beneficiary of the EU’s Generalized System of Preferences GSP+.
A meeting between Deputy Prime Minister – Minister of Investments and Foreign Trade Sardor Umurzakov and the Chief Advisor to the President of the Council of Europe on Foreign Policy Simon Mordu took place in Brussels. The results of the visit of the EU monitoring mission to Uzbekistan within the framework of the GSP+ system were discussed and further measures to ensure compliance with the requirements of all 27 international conventions ratified by the country in order to use its advantages as a beneficiary of this system were identified by the parties in the course of the meeting.
The Uzbek side thanked the EU for the support in organizing and holding the 5th meeting of the Working Group on Uzbekistan’s accession to the WTO (World Trade Organization). They determined further efforts on cooperation in this direction.

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The fourth biggest commercial partner of Moldova is China

According to Yan Wenbin, Extraordinary and Plenipotentiary Ambassador of the People’s Republic of China to Moldova, a quick development of commercial partnership between China and Moldova took place. The volume of trade between the two countries increased from only 70,000 dollars in the beginning of the establishment of the diplomatic relations, 30 years ago, to 849 million dollars in 2021. As a result, China became the fourth big commercial partner of Moldova.
The ambassador said that more and more Chinese consumers appreciate the Moldovan wine, so China is now one of the principal export markets for it. The export of Moldovan wine to China is actively promoted by China’ Embassy, along with Chinese and Moldovan partners. A live broadcasting on the promotion and sale of Moldovan wines took place on the Douyin platform not so long ago, at an initiative by the Embassy of China in Moldova, and it had favorable results.
The head of the Chinese diplomatic mission says that China is willing to import also other highly qualitative farming products from Moldova, being the biggest consumption market of the world. The entrance on the Chinese market of the edible vegetable oil and peeled walnuts from Moldova has been approved. The ambassador is quite aware of the fact that the Moldovan farming products have temporarily lost some traditional export markets, because of the conflict in the region. The access of more and more Moldovan agricultural products to the Chinese market is being actively stimulated be The Embassy of China.
According to Yan Wenbin, China has always provided, as far as it was possible, support for the social and economic development of Moldova as a good friend and partner. The photovoltaic power station from Criuleni, constructed with the support of the Chinese government and put into operation in the beginning of this year, represents the most recent example. A special importance of this project is especially significant in the context of the energy crisis in Moldova. Besides, the project of Chinese Medicine Centre, the third phase, carried out with the support of China, which will be soon implemented, has been officially approved by the Moldovan government.

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Shipment of Ukrainian grain: Special coordination center to be set up in Istanbul

At today’s meeting of the military delegations of the defense ministries of Turkey, Ukraine and Russia, as well as the UN officials, an agreement was reached on technical issues regarding grain exports from Ukraine through the Black Sea. Turkish Defense Minister Hulusi Akar stated this following the four-way meeting in Istanbul, according to Ukrinform. “Following … Read more