trade

Georgian markets start selling meat with QR codes

Georgian markets start selling meat with QR codes

Meat products on market counters in Georgia will be presented with QR codes starting today to enable consumers to receive information about the product they buy through smartphone-friendly quick response barcodes.  Meat labeling in …

Turkey and Kazakhstan declare enhanced strategic partnership

Turkey and Kazakhstan declare enhanced strategic partnership

Relations between Turkey and Kazakhstan will be raised to the level of an "enhanced strategic partnership," according to a joint declaration signed Tuesday in Ankara by Turkish President Recep Tayyip Erdogan and his Kazakh counterpart …

Turkish exports register all-time monthly high

Turkish exports register all-time monthly high

Turkey has registered the highest monthly exports ever as sales surged 24.6% in April to $23.4 billion, Turkish Trade Minister Mehmet Muş announced on Thursday. Imports rose 35% on annual basis to $29.5 billion, with total trade volume …

Azerbaijan and Iran to sign agreement on preferential trade

Azerbaijan and Iran to sign agreement on preferential trade

Iran and Azerbaijan will soon sign an agreement on preferential trade, Deputy Minister of Industry, Mine and Trade and Head of Trade Promotion Organization of Iran (TPOI), Alireza Peymanpak said at a press conference. Peymanpak noted …

Russia-China trade surges in 2022

Russia-China trade surges in 2022

In 2022, January-March trade turnover between Russia and China reached $38.17 billion, a 28.7% increase compared with the same time last year. Russian imports from China rose 25.9% to $16.44 billion, while its exports to China jumped …

Ukraine bans import of goods from Russia

Ukraine bans import of goods from Russia

Ukraine announced a complete trade stoppage with Russia, banning the import of goods from the Russian Federation. This was announced by Deputy Prime Minister and Minister of Economy of the country Yulia Sviridenko. According to her, Western …

Armenia offers Russia to use dram for trading

Armenia offers Russia to use dram for trading

Armenia's Ministry of Economy and the Central Bank are negotiating with Russian partners to use the Armenian currency - dram - in operations of export of Armenian goods, Armenian Economy Minister Vahan Kerobyan told lawmakers in the …

Azerbaijan sends 1,000 tons of persimmon to Russia

Azerbaijan sends 1,000 tons of persimmon to Russia

The first freight train within the framework of the Agroexpress project went to Russia from Azerbaijan. The first cargo sent was fruit and vegetable products, namely persimmon, which is in great demand on the Russian market. …

European gas prices reach $ 1150

European gas prices reach $ 1150

On the Thursday session, gas futures prices in Europe reached $ 1,150 per 1,000 cbm. According to the London ICE stock exchange, by the end of the trades, the price of February delivery amounted to $ 1,146.8. That is 7.2% higher than …

Oil rises sharply for the first time since mid-November

Oil rises sharply for the first time since mid-November

On Thursday, the price of the Texas oil benchmark exceeded $ 80 per barrel - for the first time since November 17. According to trading data, on January 6, the global oil prices rally accelerated to 2-3%.  At 17.20 Moscow time, the …

Georgia,Turkey hold talks

Georgia,Turkey hold talks

Georgia and Turkey have successfully completed negotiations on the liberalization of tariffs for agricultural products, the press service of the Georgian Ministry of Economy reports. The countries are important trading partners, and …

Russian-Iranian trade turnover grew 1.4 times

Russian-Iranian trade turnover grew 1.4 times

The trade turnover between Russia and Iran in the first six months of this year increased by 39.9% compared to the same period last year,  the trade mission of the Russian Federation in Iran informs, citing data from the Federal Customs …

Uzbekistan expects trade restart with Afghanistan

Uzbekistan expects trade restart with Afghanistan

Trade and economic ties between Tashkent and Kabul should recover soon, despite the aggravation of the situation in Afghanistan caused by the shift in power, Director of Termez Cargo Center, the largest logistical terminal in South Uzbekistan, …

Turkey-China commerce moves forward despite Covid

Turkey-China commerce moves forward despite Covid

Turkey and China have managed to further develop and diversify their growing trade relationship despite the COVID-19 pandemic as they celebrate the 50th anniversary of diplomatic ties this year. The two countries established diplomatic relations in 1971, and since then, their ties have intensified on political, cultural, and economic levels