Germany is among key partners for Kazakhstan, investing nearly $5.3 billion since 2005. Nearly 90 percent of the German investments in the Kazakh economy are directed to the country’s non-resource sector. Photo credit: Kazakh Invest The Kazakh capital Nur-Sultan hosted the Kazakhstan-Germany business forum on Sept. 6 gathering more than 150 delegates to explore opportunities … Read more
The deepening of cooperation in the field of transport between the two countries was preceded by the visit of the Georgian government delegation, chaired by prime minister Irakli Garibashvili, to Uzbekistan, where it was “unequivocally” noted that Georgia has been one of the “most important” transport corridors for Uzbekistan. Photo: Ministry of economy press office … Read more
The volume of Azerbaijan’s foreign trade turnover amounted to $30.6 billion in January-July 2022, Azernews reports, citing the State Statistics Committee. Out of the total turnover, exports amounted to $23.1 billion, or 75.6 percent, while imports amounted to $7.4 billion, or 24.4 percent. Overall, the country’s foreign trade turnover resulted in a surplus of $15.6 … Read more
Armenia will ratify the Eurasian Economic Union (EEU) member states agreement on the oversight of the distribution of revenues from customs duties. Deputy minister of finance Arman Poghosyan informed about this during Mondays parliamentary debates on the aforementioned agreement. According to him, this document provides oversight on whether the EEU countries correctly distribute the revenues … Read more
A delegation of economic and commercial figures from East Azerbaijan Province to Armenia was headed by Governor of the province Abedin Khorram during his second trip to neighboring countries after his visit to the Republic of Azerbaijan.
He noted that tracking customs and transport issues and the establishment of a joint trading city on the border of the two countries and a joint technology city between Iran and Armenia are among the most important goals of this trip.
According to Khorram, he carried out this trip in accordance with the use of border opportunities and the development of the province’s international relations and on the basis of the powers that the government has.
He underlined the strategic role of the development of relations with neighboring countries and an active presence in regional markets in the policy of the 13th government in the field of diplomacy. Khorram also emphasized on a significant contribution to the implementation of this policy that East Azerbaijan has as the neighbor of several important countries in the region.
They also planned meetings and negotiations with government officials, such as the Minister of Economy, the Minister of the Environment, the Minister of Regional Administration and Infrastructure, the Deputy Minister of Economy of this country during this trip.
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Talks between Deputy Prime Minister – Minister of Investments and Foreign Trade of Uzbekistan Jamshid Khodjaev and the head of the EU Delegation, Ambassador Charlotte Adriaen were held.
They discussed the current state and prospects for the development of trade, economic, financial and technical cooperation, as well as interaction within the framework of Uzbekistan’s entry into the World Trade Organization at the meeting.
Obtaining the status of a GSP+ beneficiary by Uzbekistan made it possible to increase the trade turnover between Uzbekistan and the EU member states by 15% (to $2.4 billion) in the period from January to July 2022. Mutual readiness to maintain and extend these relations was expressed by the parties.
According to the sides, a new impetus to further expand bilateral relations and improve economic development will be given by the Enhanced Partnership and Cooperation Agreement between Uzbekistan and the EU and attracting European investment and experience in such areas as technical regulation, sanitary and phytosanitary measures, protection of intellectual property rights, customs regulation and more.
The participants also discussed the course of interaction within the framework of Uzbekistan’s accession to the WTO at the meeting. The commitment to continue providing technical and advisory support in this process was expressed by European side.
The new Indicative EU Partnership Program with Uzbekistan for 2021-2024 was discussed by the parties. Supplementary projects and initiatives in the field of modernization of agriculture and water management, economic development with a special focus on digital and green transformations and measures to transform the Aral Sea region into a zone of environmental innovation and technology were proposed.
An agreement to continue cooperation within the framework of the discussed initiatives and organize bilateral events at various levels in the near future was reached by the sides following the meeting.
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Deputy Prime Minister – Minister of Investments and Foreign Trade of Uzbekistan Jamshid Khodjaev held talks with the head of the EU Delegation, Ambassador Charlotte Adriaen. At the meeting, the current state and prospects for the development of trade, economic, financial and technical cooperation, as well as interaction within the framework of Uzbekistan’s entry into … Read more
In August, Ukraine’s exports of agricultural products increased by 66% – up to 4.5 million tonnes, according to the Ministry of Agrarian Policy and Food. In the first six months of the current year, Ukraine exported 12.5 million tonnes of agricultural products, compared with 26.4 million tonnes in the relevant period in 2021. Corn took … Read more
The Government of Serbia has adopted the Decision on the permit to export wood briquettes, as announced on the government’s official website. In the past years, the majority of the briquette production has been exported to the EU market, considering that the demand in the local market is low. Let us remind that, at the … Read more
Today, a new meeting of experts for health protection was held with the participation of the coordinators of the sectoral working groups, political representatives in negotiations for the Transnistrian settlement from Chisinau and exponents of the companies licensed in the pharmaceutical sector, the Reintegration Policy Office has reported. The discussions focused on the authorization of … Read more