International trade
Turkish President Recep Tayyip Erdogan has pledged to allocate a record amount of nearly one trillion liras (about $23 billion) to support agriculture in 2026 to strengthen the country’s position among the world’s leaders in the agribusiness sector, Logos Press reported.
About 11,000 railcars with grain have piled up in the direction of Odessa ports. The management of Ukrzaliznytsya considers the situation “almost critical”, Logos Press reported.
The results of laboratory tests indicate that the cause of dermatosis outbreaks in cattle in the French region of Hexagon (six provinces) is grain crops from Ukraine, Logos Press reports.
Hungary has decided not to stop exporting electricity to Ukraine despite recent threats and tensions in the energy sector over the termination of oil transit through the Druzhba pipeline, Logos Press reported.
The World Trade Organization (WTO) needs fundamental reform due to inefficiency, violation of international trade rules and inability to fulfill its role. World leaders are in solidarity with this, Logos Press reports.
Moldova Fruct Association estimates February stocks of marketable apples in fruit storages of Moldovan producers and traders at 100 thousand tons. Earlier this year, the estimate was 120 thousand tons, Logos Press reported.
Greece expects to become the main hub for liquefied natural gas exports to Europe after the EU’s rejection of Russian gas. It has three main trump cards for this, including ties with the US.
Slovakia’s threats to cut off electricity supplies to Ukraine from February 23 could create a dangerous capacity shortage in the common energy hub, which in winter conditions could lead to power outages or a sharp rise in tariffs, Logos Press reported.
Moldova is open to participation in the Caspian-Black Sea-Europe energy corridor project and is also considering the possibility of purchasing liquefied natural gas (LNG) from Azerbaijan, Logos Press reported.
UPDATED. Amid a U.S. Supreme Court ruling that found Trump’s already imposed duties illegal, the president of the United States has imposed new additional 10% import duties on all countries, Logos Press reported.
Amazfit has officially announced a new generation of rugged outdoor smartwatch, the T-Rex Ultra 2, according to Logos Press.
The volume of trade between Moldova and the State of Israel will increase significantly in 2025, reaching $53.84 million, up from $27.22 million in 2024, Logos Press reported.
The rules of origin of goods applied within the preferential trade between the Republic of Moldova and the Republic of Turkey, in order to align them with the modernized pan-European Mediterranean system and to facilitate international trade, have been updated, Logos Press reported.
The International Monetary Fund has called on the Chinese authorities to accelerate the transition from an export-oriented development model to an economy based on domestic consumption and sustainable growth in domestic markets, Logos Press reported.
In February, summer and fall wheat futures prices are higher than current quotations on exchanges in Europe and the United States, which is atypical in terms of seasonal dynamics of the grain market, Logos Press reports.
The price of oil has hit a multi-month high, driven by active US preparations for military action against Iran despite ongoing talks between the countries, Logos Press reported.
One of the world’s largest online platforms, eBay, has announced it is buying clothing resale platform Depop for $1.2 billion, part of a strategy to attract a younger audience and strengthen its position in the secondary fashion market, Logos Press reports.
An expert group of the European Commission with the participation of representatives of Ukraine, Hungary, Slovakia and Croatia will discuss the consequences of disruptions in oil supplies through the Druzhba oil pipeline and alternative routes of fuel transportation (including the use of the Croatian Adriatic pipeline), Logos Press reported.
The Chinese government sees the current risks of the United States imposing tariffs against many countries as a chance to reshape international supply chains in its favor, reducing dependence on the U.S. market and strengthening its position in the European Union, the Persian Gulf and North America, Logos Press reported.
Hungary and Slovakia announced Wednesday that they have suspended diesel exports to Ukraine amid growing tensions over oil supplies, Logos Press reported.
