Moldova: duty-free regime to be cancelled

A legislative initiative, which provides for the cancellation of the duty-free regime in Moldova, was approved by the Cabinet on October 26. The document sees amendments to the Customs Code and Fiscal Code, in order to promote the principle of fiscal equity through the imposing of taxes on goods sold in Moldova, including at the…

Georgia: doubled trade turnover with Hungary intensifies countries’ economic relations

In 2022, the trade turnover between Georgia and Hungary has doubled, which emphasises the “intensified” relations between the two countries in economy, Georgian economy minister Levan Davitashvili has said. Davitashvili said that after the “long term” negotiations, an agreement on the protection of investments was signed between Georgia and Hungary, which would be officially approved…