News about International trade
The X5 Group, which operates the “Pyaterochka” and “Perekrestok” retail chains, has suspended purchases of products from Italy’s Ferrero Group. The company cited the supplier’s “unjustifiably high selling prices” as the reason for the decision.
This simplification of the transit procedure is provided for in the new transit information system (NCTS), which, overall, significantly improves customs procedures.
An official letter from the Association of Grain Exporters and Importers “Agrocereale” addressed to the Ministry of Infrastructure and Regional Development, the Ministry of the Interior, the General Inspectorate of Police, the National Road Transport Agency, the Customs Service, and the State Road Administration.
In May, the Moldovan grain market took on a pattern typical of the final months of the marketing season. The list of items in the “export basket” shrank from seven or eight to two main commodities: corn and wheat.
The Republic of Moldova could become the country with the fastest-growing air traffic in Europe in the coming years.
“Tit-for-tat” economic wars threaten global growth. The Financial Times reports on the views of outgoing IMF Chief Economist Pierre-Olivier Gourinchi regarding geopolitical fragmentation and the future of the global economy.
Ukraine has taken another step toward post-war recovery by signing 160 agreements worth over 10 billion euros at the Conference on Ukraine’s Recovery in Gdańsk, Poland. However, EU officials acknowledge that even large-scale investments will not yield the expected results unless the labor shortage is addressed.
The International Grains Council (IGC) has raised its forecast for global corn production in the 2026/27 marketing year to 1.31 billion metric tons. This is 10 million metric tons higher than the organization’s May estimate. However, the current forecast for the global corn harvest in the upcoming season is still lower than last year’s harvest of this crop (1.339 billion metric tons).
Belarusian President Alexander Lukashenko recently met with representatives of Ukrainian President Volodymyr Zelenskyy.
The list of jurisdictions with which Moldova automatically exchanges information on financial accounts will be significantly reduced. The relevant draft order has been developed by the Ministry of Finance and is open for public comment through July 6, 2026.
Moldova and Austria are preparing to host a joint economic forum. The event will focus on strengthening economic cooperation and identifying new opportunities for the business communities of both countries.
The total value of public procurement procedures reviewed by the National Dispute Resolution Authority (ANSC) in 2025 exceeded 8.8 billion lei (approximately 450 million euros). This amount accounts for more than half of all public procurement in the country.
U.S. President Donald Trump has threatened to impose 100 percent tariffs if any European country decides to impose a digital services tax on American companies.
The U.S. launched strikes against Iranian military targets following an attack on a merchant ship in the Strait of Hormuz. As a result, the situation has sharply escalated since the ceasefire;
Ilie Bolojan, Romania’s acting prime minister, assigned staff members from the oversight body under the prime minister’s office to the Department for Relations with the Republic of Moldova (DRRM).
A total of 731 organized crime networks have emerged in the European Union, actively involved in drug trafficking, fraud, and cybercrime. This is stated in a new Europol report, which documents the rapid transformation of criminal organizations and the growth of their technological capabilities.
In the last ten days of June, currants hold the top spot in terms of price in the seasonal berry segment of Moldova’s fruit market. The price for this berry in small-scale wholesale ranges from 90 to 110 lei per kilogram, while retail prices reach up to 150 lei per kilogram (for black varieties).
The Information and Security Service (SIS) and the Prosecutor’s Office for Combating Organized Crime and Special Cases (PCCOCS) announced that they had uncovered a scheme in which a Moldovan company allegedly exported dual-use goods to Russia to organizations subject to international sanctions.
The European Commission wants to offer candidate countries, such as Ukraine and the Republic of Moldova, economic benefits prior to their accession to the EU.
Starting July 1 of this year, citizens entering or leaving Moldova who are transporting declarable goods will be able to file a customs declaration electronically.
