On November 1, the Free Trade Agreement between Moldova and Turkey came onto effect. The document implies a number of advantages for local businesses, especially for farmers. Among the benefits for local businesses is unlimited access without tariff restrictions on imports of agricultural products to the Turkish market. Moldova will cancel customs duty for some…
DetailsFor two month owners of vehicles registered abroad can pay 30% of the car excise duty when clearing customs. Besides, the registration of vehicles older than 10 years will be allowed in Moldova. This is provided for by the amendments approved by the Cabinet of Ministers. In particular, residents of Moldova who imported cars registered…
DetailsThe European Investment Bank (EIB) is considering the possibility of financing the projects of Ukrainian grain market operators to expand and modernize their logistics infrastructure, according to the website of this international financial institution. “The project is expected to remove existing bottlenecks related to transportation and storage of cereals, reduce the in-land transportation costs as…
DetailsThe European Bank for Reconstruction and Development (EBRD) expects the Ukrainian economy to grow in the current year by 1.5% and the growth will accelerate to 2% next year. According to the bank’s updated forecast, compared to May this year the forecast for 2016 was downgraded by 0.5%, while for 2017 it was retained unchanged.…
DetailsAccording to the president of Bulgarian Association of Grain and Feed Traders (BAGFT) Martin Rusev, wheat exports are estimated at 3.9 MMT in the 2016/2017 MY, of which 2.1 MMT were shipped abroad in July-October. This part of grain was supplied to the European Union, and wheat was mainly forage (1.8 MMT). Rusev believes that…
DetailsAn expanded format meeting of the Shanghai Cooperation Organization (SCO) Council of Heads of Government took place in Kyrgyzstan’s capital, Bishkek. The meeting was attended by Kyrgyzstan’s Acting Prime Minister Sooronbay Jeenbekov, Russian Prime Minister Dmitry Medvedev, Kazakh Prime Minister Bakytzhan Sagintayev, Tajik Prime Minister Qohir Rasulzoda, Uzbekistan’s First Deputy Prime Minister Rustam Azimov. Representatives…
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