The Tashkent International Investment Forum (TIIF) will be held in Tashkent on March 24-26, the Ministry of Investments and Foreign Trade reported. It had been scheduled to take place in March 2020 but was postponed due to the coronavirus situation. TIIF is a new platform for discussing and implementing strategic initiatives, as well as to … Read more
Like many companies, Pickering’s Gin have faced supply chain disruption and rising prices during the pandemic The low point for Matt Gammell, co-founder of Pickering’s Gin, came last spring when he got down to his last pallet of glass bottles. A longstanding order with a European glass maker was cancelled at short notice, and the … Read more
In 2021, the share of agriculture in Ukraine’s GDP was the highest among all sectors of the economy and amounted to more than 10%, Minister of Agrarian Policy and Food of Ukraine Roman Leshchenko wrote on Telegram. “Agriculture showed the highest increase in production in 2021 – 14.4%. According to the results of the year, … Read more
In that city, the Prime Minister of Serbia, Ana Brnabić, met with the founder and CEO of the World Economic Forum (WEF), Klaus Schwab, and Børge Brende, the President of the World Economic Forum. The meeting at the WEF headquarters was followed by the signing of the Agreement on the Establishment of the World Economic … Read more
The ambassador noted that Russia has granted Belarus significant discounts on gas prices, and as a result, Belarusian manufacturers have the opportunity to reduce the cost of production, which increases its competitiveness The intensive integration of Russia and Belarus as part of the Union State helps Moscow and Minsk more effectively resist Western sanctions, Russia’s … Read more
Power suppliers working on the Moldovan energy market must import electrical energy minimum from two sources, as per the amendments to the corresponding legislation that were voted for on Thursday by 57 parliamentarians representing the ruling Party of Action and Solidarity and by one representative of the opposition bloc of Communists and Socialists. The law … Read more
Rabobank is setting aside a further €249m to improve its money laundering controls, after the Dutch central bank expressed its concerns and threatened to impose a fine. ‘While we have made improvements, we acknowledge that we have not yet remedied the deficiencies in order to adequately meet the requirements,’ chairman Wiebe Draijer said in a … Read more
Russia’s energy supplies to China have reached record highs, same as trade turnover between the two countries, Kremlin Aide Yury Ushakov told reporters prior to the upcoming visit of the Russian leader to the People’s Republic of China on February 4. “Energy supplies to China have reached record highs. More than 15 bln cubic meters … Read more
The Board of the Eurasian Economic Commission decided to establish a special regime for the export of sunflower seeds from the territory of the Eurasian Economic Union by the end of summer. Currently, there is an export ban on these products, which will end on June 30, 2020. After that, and until August 31, a licensing procedure for export will work.
“The special regime of export of products is due to increased demand in the world market and is associated with the formation of stocks by foreign partners to ensure food security against the background of coronavirus. Before the new crop is harvested in the Union, it is necessary to provide the domestic market with sunflower seeds, preventing the formation of a possible shortage” – commented on the decision, Minister of Trade of the EEC Andrei Slepnev.
Given the large volume of sunflower oil production capacities that has been created in the EAEU member states in recent years, the EEC does not see the dangers of overstocking or the formation of excessively low prices for products from raw materials consumers. And taking into account the fact that the Russian Federation is one of the largest exporters in the specified market, the measure is able to further stimulate the processing of sunflower seeds in the customs territory of the Union with the subsequent sale to the far abroad of finished goods.
The International Transport Forum (ITF) held an annual online summit on May 26-28, 2021 with the participation of transport ministers from a number of countries. The purpose of the meeting is to exchange information on the strategic importance of transport policy. The 2021 Summit was held under the slogan “Transport Innovation for Sustainable Development” and … Read more