Russia to lose billions from Ukraine’s association with EU

Trade consequences of regional agreements may be adverse for countries not participating in them, department director of Russian Ministry of Economic Development Maxim Medvedkov said. In particular, Russia’s losses from Ukraine’s associations with the EU may climb to billion values, he added. “These effects are related to surging trade inside the region, sometimes prejudicing turnovers…

Turkmenistan to intensify economic ties with Indonesia

Turkmenistan’s Foreign Ministry hosted a meeting with Indonesia’s Iran-based Extraordinary and Plenipotentiary Ambassador Octaviano Alimuddin, the Turkmen ministry said. During the meeting, the sides exchanged views on opportunities to intensify mutually beneficial trade and economic relations between enterprises, companies and entrepreneurs of the two countries. The parties also discussed prospects of bilateral cooperation in political,…

Turkmenistan to expand trade with Malaysia

Turkmenistan and Malaysia have exchanged views on expansion of trade and economic cooperation between the two countries, the Turkmen Foreign Ministry said. The meeting with Ambassador of Malaysia took place in the Turkmen Ministry of Foreign Affairs. The spheres of energy and education were noted among the priority areas of mutual interest. During the meeting,…

Moldova interested in cooperation with Azerbaijan

Moldova is interested in participation of Azerbaijani companies in development of hydrocarbon resources, Ambassador of the Republic of Moldova to Azerbaijan Gheorghe Leuca said. Leuca has met with the Caspian Energy’s delegation headed by the President and Editor-in-Chief of Caspian Energy International Media Group Natalya Aliyeva. Speaking about the energy sector of Moldova, the ambassador…

Belarus: clothing sales to Russia and Kazakhstan up

Pinsk-based clothing manufacturing and trading association Polesye has recently increased its exports to Kazakhstan and Russia through its schoolwear supplies, Sergei Kasperovich, head of the company’s export department, reported. About 35,000 back-to-school items produced in Pinsk will go to Russian regions this summer. Polesye school clothes are on sale in stores of Moscow, Saint Petersburg,…

Russia: WTO panel supports EU pork case in general

The arbiter panel of the World Trade Organization (WTO) in general supports an E.U. case against Russia’s prohibition of imports of its pork products, according to a WTO statement. The arbiters say that several measures introduced by Russia contradict the country’s WTO obligations. On January 30, 2014, the Russian veterinary authority prohibited imports of European…