Moldova: trade with Germany up in 2023

The total trade of the Federal Republic of Germany with the Republic of Moldova increased last year by 5.3% YoY. The data were presented on February 8 by the Romanian-German Chamber of Commerce and Industry (AHK Romania), taken from the Federal Bureau of Statistics of Germany, Destatis. Trade between the two states exceeded 871.2 million…

Baltic States: Rail Baltica must be ready by 2030

Rail Baltica must start transporting goods and passengers until 2030, regardless of whether the main track’s connection to Riga Central Railway Station is in place by that time, European Commission representative Catherine Trautmann has said. Trautmann, who coordinated the TEN-T network’s North Sea and Baltic transport corridor project, stated that for Rail Baltica’s main track…

Bulgaria: energy security strategies explored with U.S. Officials

Bulgarian Ministers Rumen Radev of Energy and Assen Vassilev of Finance have recently engaged in high-level talks with US Secretary of Energy Jennifer Granholm in Washington, D.C., focusing on critical energy issues. The meeting underscored the importance of bilateral cooperation in nuclear technology, energy diversification and enhancing energy security. Central to the discussions was Bulgaria’s…

Ukraine: UK extends tariff-free trade until 2029

The UK government will support Ukrainian businesses by extending duty-free trade with Ukraine for an additional five years, until 2029. a press release issued by the UK government says. “This agreement provides much needed long-term economic support to Ukraine, its businesses and people – critical to its recovery from Putin’s illegal invasion. The UK will…