Georgia increases foreign trade in 2024
Georgia increased foreign trade by 6.6%. Exports amounted to $6 billion. The country's main trading partners include Georgia, Russia and the USA.
trade
Stanislav Pritchin: Baku and Yerevan may sign a peace treaty within a year
The 2nd International Conference of the Western Azerbaijan Community "The Right to Return: Advancing Justice for Azerbaijanis Expelled from Armenia" took place in Baku the day before. Vestnik Kavkaza correspondent Marina Lagutina spoke with Stanislav Pritchin, Head of the Central Asia Sector at IMEMO RAS, about the prospects for peace in the South Caucasus.
Azerbaijan’s trade turnover with CIS countries increases
Azerbaijan's trade turnover with CIS countries hit the ground running, soaring past $5.7 billion from January through October 2024, according to the State Customs Committee. This represents an increase of approximately $496.7 …
Türkiye reduces tangerine exports to Russia
According to Turkish statistical data, supplies of Turkish tangerines to Russia have decreased to 161.3 thousand tons, which is 20% less than last year.
Cargo turnover on Azerbaijan-Russia border increases fivefold
Russian Deputy Prime Minister Alexey Overchuk announced a significant increase in cargo turnover on the Russian-Azerbaijani border. He also emphasized growing importance of the western transport route between Russia and Iran for trade.
Russia and Kazakhstan set sights on $30bln trade milestone
President of Kazakhstan Kassym-Jomart Tokayev said trade between Kazakhstan and Russia continues to grow steadily, with strong potential to …
Turkey and Russia may pay for gas in national currencies
Turkey and Russia continue trade in national currencies and they can similarly pay for gas, a source in banking consulting in Ankara said when asked to comment on the situation with U.S. sanctions on Gazprombank, TASS reported. …
Russia and Iran say goodbye to dollar in mutual trade
Moscow and Tehran are no longer using the dollar in mutual trade transactions and have shifted to national currencies thanks to previously signed agreements between the two countries in the financial sector, Governor of the Iranian Central Bank …
Cotton leads in Azerbaijan's non-oil exports in 2024
Experts named which goods formed the basis of Azerbaijan's non-oil exports in 2024. The country's main income came from the sale of cotton.
Putin holds phone talks with Erdogan
Russian President Vladimir Putin has had a phone conversation with Turkish President …
First export train heads from Baku to China
The first container train carrying export goods from Azerbaijan to China departed from Baku, Azerbaijan Railways reported. The 62-countainer train will deliver the cargo multimodally via Kazakhstan to Xi'an Port, one of China's …
Georgia's external trade up
Georgia's external trade turnover amounted to $19.02 billion between January-October, posting a 5.5% year-on-year increase, the National Statistics office (Sakstat) reported. Georgia's list of top trading partners …
COP29: Tbilisi advocates development of piggyback transportation with Baku
The potential for expanding piggyback transport between Georgia and Azerbaijan is being explored, Georgian Economy Minister Levan Davitashvili said during his participation in the ministerial roundtable held as part of COP29. …
Russia, Azerbaijan ensure food security in Caucasus
The head of the Ministry of Agriculture of Azerbaijan said that the Baku-Moscow cooperation is ensuring food security
Turkish Trade Minister talks about BRICS prospects
Turkey has received an invitation to become a BRICS partner state, Turkish Trade Minister Omer Bolat said. "Turkey has been offered partnership. Turkey's involvement in the work of BRICS would be highly …
Russia-China trade increasing
Trade turnover between Russia and China increased by 2.8% in January-October year-on-year to $202.2 bln, the General Administration of Customs of the People's Republic of China reported. Exports from Russia to China added 1.1% in …
Russia denies Auchan's withdrawal from country
Russian Auchan has refuted the information about the company's withdrawal from Russia. Earlier, the media reported that the chain of stores had found potential buyers.
Media: Auchan to leave Russia
The Auchan retail chain will sell its Russian branch. The group has already found two potential buyers. However, the sale could face difficulties due to sanctions.
Putin praises Azerbaijan's role in development of trade in region
Vladimir Putin noted the importance of Azerbaijan in international trade. According to Putin, the country is forming the region's logistics routes.
Wildberries marketplace begins working in Georgia
Wildberries started working in Georgia under a franchise. The first pick-up point will open in Tbilisi.
