trade

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Leroy Merlin to to open new stores in Russia

Leroy Merlin to to open new stores in Russia

Plans to maintain Leroy Merlin's activities and even expand it were confirmed by the Russian Ministry of Industry and Trade, which oversees retail, state secretary and Deputy Minister of Industry and Trade Viktor Evtukhov said, according to …

Trade turnover between Russia and EU nears record levels

Trade turnover between Russia and EU nears record levels

Trade turnover between Russia and the European Union in 2022 reached an eight-year maximum, according to the European statistical agency Eurostat. The import of Russian goods to the EU last year reached 203.4 billion euros, …

Armenia increases export to Turkey by 139 times

Armenia increases export to Turkey by 139 times

Armenia's decision to lift the embargo on Turkish goods had a beneficial effect on trade between the countries. Last year, exports from Türkiye increased by almost 140 times. The trade turnover between the countries increased 4.4 times.

Azerbaijan-EU trade turnover climbs to record-high level

Azerbaijan-EU trade turnover climbs to record-high level

The EU became the main trade partner of Azerbaijan in 2022, EU Ambassador to Azerbaijan Peter Michalko said. "Just got the latest statistics: 52% of Azerbaijani foreign trade is with the EU, 65.6% of exports goes to the EU market. …

Putin and Mirziyoyev have telephone conversation

Putin and Mirziyoyev have telephone conversation

Yesterday the heads of Russia and Uzbekistan had a telephone conversation. The Presidents discussed the development of cooperation, primarily in the trade and economic sphere.

Azerbaijan sees surge in trade turnover with Russia

Azerbaijan sees surge in trade turnover with Russia

The trade turnover between Azerbaijan and Russia surged by 62.4% in annual terms to $336.3 mln as of the end of January 2023, the State Customs Committee of Azerbaijan said on Wednesday. Azerbaijan’s exports to Russia dropped by …

In a win for business, America and China are recoupling

In a win for business, America and China are recoupling

The frenetic flurry of diplomatic activity between America and China signals that far from decoupling, the world’s two largest economies are actively figuring out ways to reset their troubled economic relationship.

Georgia-Russia trade turnover rises by over 50% in 2022

Georgia-Russia trade turnover rises by over 50% in 2022

The trade turnover between Georgia and Russia in 2022 exceeded $2.4 bln, which is 52% more than in 2021, according to data published by the National Statistics Service of Georgia on Friday. Russia has taken second place among …

Iran's trade with Caspian states crosses $2.7bln in 9 months

Iran's trade with Caspian states crosses $2.7bln in 9 months

Iran's trade (excluding crude oil exports) with Caspian Sea littoral states reached 5.1 million tons worth $2.76 billion during the first nine months of the current Iranian year (March 21-Dec. 21), registering a 10.04% rise in value, but a …

 Iran's trade turnover with ECO crosses $11 bn in 8 months

Iran's trade turnover with ECO crosses $11 bn in 8 months

Trade turnover between Iran and the Economic Cooperation Organization’s member states reached 14.64 million tons worth $11.2 billion in eight months. The latest data released by the Islamic Republic of Iran Customs Administration …

China poses global question to US

China poses global question to US

At the World Trade Organization sessions in Geneva, where US foreign trade policy was considered, China demanded that America explain in writing the numerous unilateral protectionist measures and violations of generally accepted world principles …

Georgian external trade on the rise

Georgian external trade on the rise

Georgian external trade turnover amounted to $17.02 billion in January-November 2022, posting a 32.2% increase year-on-year. The value of exports rose by 31.8% and equalled $5.03 billion in the reported period, while imports also grew …

COP 27 brings together Egypt and Israel

COP 27 brings together Egypt and Israel

Israel and Egypt seem to be considering different ways to promote cooperation in technology and investments, while increasing their trade exchange

Georgia-Russia trade turnover rises by 50%

Georgia-Russia trade turnover rises by 50%

The trade turnover between Georgia and Russia for 10 months of 2022 amounted to almost $2 bln, which is 50% more than the same period in 2021, according to the National Statistical Service of Georgia. Russia ranked second among …