U.S. and China reach consensus on implementing Geneva agreements
The United States and China agreed to a framework and implementation plan to ease trade tensions.
trade
Baku Expo Center hosts 2nd Turkic Trade Fair
The Second Turkic States Trade and Investment Cooperation Forum and Exhibition commenced at the Baku Expo Center today.
Russia-China trade turnover declines
Trade turnover between Russia and China fell by 8.2% in January-May 2025 year-on-year to $88.796 bln, the General Administration of Customs of China reported.
Export duty on Russian wheat to decline
The export duty on Russian wheat will be 652.5 rubles per tonne starting June 11, down 37.5% from 1,023.5 rubles per tonne in the current week, the Russian Agriculture Ministry said.
Scott Bessent: US-China talks a bit stalled
Beijing and Washington are holding economic talks, but progress has slowed. Both sides are waiting for the talks between the leaders of the two countries.
Iran's trade turnover with Economic Cooperation Organization's countries exceeds $27 billion
Iran's trade with the member countries of the Economic Cooperation Organization (ECO) exceeded $27 billion. Türkiye is Iran's main partner in the ECO.
Iran plans to increase trade turnover with Russia to $10 billion
The volume of trade between Russia and Iran could be be increased to $10 billion, according to Tehran.
Lavrov announces sustainable development Russia-Turkey trade cooperation
The cooperation between Russia and Turkey in trade and investment is developing stably, Russian Foreign Minister Sergey Lavrov said at negotiations …
EAEU intends to eliminate trade barriers with Serbia
A seminar with the participation of representatives of the EAEU countries was dedicated to the development of cooperation with Serbia. There is a free trade zone agreement between the parties.
India increases Russian oil purchases to record highs
India is increasing its imports of Russian oil amid a reduction in supplies to China
Azerbaijan increases trade turnover with Russia and CIS states
Azerbaijan has boosted its trade turnover with Russia and the Commonwealth of Independent States (CIS) since the start of the current year, according to data …
Russia to build up oil supplies to China
Russia is ready to increase oil supplies to China via Kazakhstan by 2.5 million tons, Russian Deputy Prime Minister Alexander Novak said. "This is a proposal from the Chinese side, and, accordingly, we are ready to …
Trump doesn't rule out dealing directly with Xi Jinping on trade deal
U.S. President Donald Trump said he could see himself directly dealing with his Chinese counterpart Xi Jinping on the final details of a U.S.-China …
U.S. and China agree to lower tariffs in 90-day period
The U.S. and China will temporarily lower tariffs on each other’s products, according to a joint statement following two-day talks …
U.S. holds productive trade talks with China
U.S. Treasury Secretary Scott Bessent reported "substantial progress" in U.S. talks with China’s top economic officials to de-escalate a damaging trade war. According to Bessent, U.S. President Donald Trump was fully …
Papoyan: Georgia and Armenia must remove obstacles to trade development
Armenian Minister of Economy Gevorg Papoyan stated that there are certain obstacles in the development of trade relations with Georgia. According to him, these issues must be resolved as soon as possible.
Russia-U.S. trade turnover up 1.5 times
The volume of import of Russian goods to the U.S. totaled $523 mln in March 2025, up 53.8% against February, according to data published in the report of the Department of Commerce. The trade turnover between …
Azerbaijan receives first batch of Kazakh wheat
The Baku Grain Terminal has received its first shipment of wheat from Kazakhstan, a move signaling a deepening of trade ties between the two Caspian neighbors, the Kazakh media reported. In connection with the delivery, Chairman of the …
Trump suggests some trade deals may come soon
U.S. President Donald Trump suggested that his administration could strike trade deals with some countries as soon as this week, offering the prospect of relief for trading partners seeking to avoid higher U.S. import duties. …
Masoud Pezeshkian: Azerbaijan and Iran may become center connecting four cardinal directions
Iran and Azerbaijan may turn into a crossroads connecting the East and the West, the North and the South, Iranian President Masoud Pezeshkian said during an Azerbaijani-Iranian business forum in Baku. "Iran and …
