The draft law on elimination of the duty-free regime on the territory of the Republic of Moldova was considered today at the parliamentary committee on economy, budget and finance. The commission’s members supported the amendments due to be made to the Customs and Fiscal Codes, and will submit the draft for debate in the first … Read more
Mechanical engineering, metallurgy, chemistry, light and construction industries among priority areas of cooperation. Photo credit: ccik.kz Kazakhstan and Italy plan to develop the list of industrial projects as bilateral trade turnover hits $9.2 billion, said Vice Minister of Industry and Infrastructure Development Marat Karabayev during a Sept. 23 meeting with Italy’s delegation on the sidelines … Read more
The Georgian revenue service on Monday said customs control procedures for trucks leaving Georgia via the Larsi checkpoint to Russia was “party delayed” in the Russian-operated area. Photo:revenue service press office The Georgian revenue service on Monday said all customs checkpoints across the country were working “round the clock” amid increased cargo flow throughout the … Read more
A roundtable on “Azerbaijan 2022: energy source and logistics hub for Europe and Asia” has been held in Geneva, Switzerland. The event was organized by the Geneva Chamber of Commerce, Industry and Services (CCIG) with the support of the Joint Chamber of Commerce (JCC) Switzerland-Eastern Europe, Central Asia, South Caucasus, Small and Medium Business Development … Read more
Armenia’s economic activity index increased by 13.9% in January-August 2022 compared to January-August 2021, the Statistical Committee said. Industrial production volume increased by 9.2% in January-August 2022 compared to the same period of the previous year. Construction volume registered an increase of 14.2% compared to January-August 2022. 13.6% increase was registered in trade turnover. The … Read more
The meeting between Prime Minister Natalia Gavrilita and representatives of the International Finance Corporation (IFC) – one of those five international financial institutions, member of the World Bank Group – took place today. According to the government’s communication and protocol department, projects underway and new perspectives of developing the cooperation between Moldova and IFC were the main topic of the discussions.
The results of the study of diagnosing the private sector of Moldova, carried out by the World Bank in the private sector, as well as the need of increasing the number of private companies from Moldova, which are to make qualitative business and to have as many jobs as possible, were particularly referred to by the sides. Ways of enforcing the provisions of the law on insolvency were also analyzed by the participants of the meeting.
Moldova’s benefited from consultancy on behalf of the International Finance Corporation within the project and the reform of the investment climate in Moldova, Phase II, with a budget of 3.8 million dollars was also mentioned by the officials during the discussions. The increase of the agricultural exports, through the opening of the European Union’s market for the animal origin products (fowl, eggs, milk and dairy products) and strengthening the export capacities of the horticultural sector are the goals of the project.
15 active projects are presently included in the World Bank’s portfolio in Moldova. Modernization of the health sector and the governmental services, enhancing of the competitiveness of the agro-food sector and improvement the local roads are planned to be achieved by their carrying out. The education’s reform, Moldova’s energy security, security of water and sanitation supply in the country, as well as the enhancement of the competitiveness of the micro, small, and medium-sized enterprises are regarded by other projects.
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A protocol on the procedure for determining the country – producer of goods to the agreement on a free trade zone has been signed by the foreign ministers of Georgia, Azerbaijan, Moldova and Ukraine within the framework of the Organization for Democracy and Economic Development (GUAM) meeting in New York.
The 39th meeting of the Council of Ministers was held by the foreign ministers of the Organization for Democracy and Economic Development (GUAM) during the high-level week of the 77th session of the UN General Assembly. The signing of a protocol on the procedure for determining the country – producer of goods to the agreement on the creation of a free trade zone was reported.
A convention on mutual assistance in consular matters was signed by the countries. According to the Georgian Foreign Ministry, the importance of coordinated actions at the international platform was recognized by the foreign ministers of all the four states.
The establishment of GUAM organization took place in 1997. Uzbekistan was also its member from 1999 to 2005. Strengthening democracy, ensuring stable development and strengthening international and regional security are proclaimed as the main tasks of the organization. The countries signed an agreement on the creation of a free trade zone between in 2002.
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In the case when trade between Armenia and Russia was 42 percent in the first half of this year compared to the same period of the previous year, this growth rate reached about 50 percent in January-July. Dmitry Volvach, Russian Deputy Minister of Economic Development, told about this to a press conference Tuesday. According to … Read more
The trade turnover between Azerbaijan and Ukraine reached half a billion dollars in January-August of this year. Azerbaijan imported goods worth $163.342 million from Ukraine, while Azerbaijan’s export to Ukraine amounted to $333.030 million in the first eight months of 2022, official figures suggest. The trade between Azerbaijan and Ukraine amounted to $922.5 million in … Read more
Georgia has exported locally produced goods worth $3.57 billion between January-August, which is a 36.9 percent increase year-on-year. Photo: Nino Alavidze/Agenda.ge Georgia has exported locally produced goods worth $3.57 billion between January-August, which is a 36.9 percent increase year-on-year, preliminary data from the National Statistics Office of Georgia show. Geostat said local exports in the … Read more