News about International trade
The wheat market has entered the weather market phase – the phase of dependence on forecasts of the new harvest. Exchange quotations are growing amid expectations of a significant reduction in production in key exporting countries in the 2026/27 marketing year. Especially as the most influential forecasters – the International Grains Council (IGC) and the U.S. Department of Agriculture (USDA) – report a potential reduction in the crop-2026.
Citizens of Moldova and Ukraine will be able to receive pensions for the length of service earned in the neighboring state, regardless of where they live now. The Moldovan government will consider on Wednesday, May 27, a draft ratification of an agreement with Ukraine in the social security sector.
The documents of graduation obtained abroad will be automatically recognized in Moldova. This measure is stipulated in the regulation prepared by the Ministry of Education and Research, which aims to simplify access to study and employment for those who studied in other countries.
Deputy Prime Minister, Foreign Minister Mihai Popşoi held a meeting in Shanghai with the official distributors of Milestii Mici wines, the Shanghai-based company Lanci, during which they discussed the prospects of expanding the export of Moldovan wines to the Chinese market and promoting Moldova’s image through wine products.
TikTok Shop is rapidly expanding across Europe, but its influence on major online retailers in the fashion industry remains limited. This is the conclusion reached by Goldman Sachs analysts in a new study on the development of social commerce.
The Ukrainian railroad logistics market enters the 2026/27 season with a risk of shortage of grain carriers. This situation may arise even if the volume of grain exports in the new marketing season will be lower compared to the previous year.
US President Donald Trump has said that an agreement with Iran has been “largely reached” and that details will be announced soon. He said that the deal would include the opening of the Strait of Hormuz, but did not disclose details.
In two weeks, on June 7, Armenia will hold elections to the National Assembly, the country’s parliament. Nineteen political forces are registered to participate in the elections: two blocs and 17 parties. The total number of voters is 2,483,520. This figure is comparable to that of Moldova, and the parallels do not end there.
Russian authorities are increasing pressure on imports from Armenia. After the ban on the supply of flowers, vegetables and fruits, cognac has also come under restrictions. This can be a sensitive blow for the Armenian economy.
In the near future, the world economy risks a crisis comparable to the 2008 recession.
April was “marked” by steady, but atypical exports of Moldovan corn. Last month, Moldova shipped 56.4 thousand tons of corn to foreign markets for a total of 229.2 million lei. The weighted average realized price was 4,062 lei/ton.
The energy shock of the war over Iran is turning into a financial crisis for developing countries. As many as 27 nations have begun urgently accessing World Bank reserve facilities to get quick cash amid soaring fuel prices, supply disruptions and pressure on budgets.
European pork production, consumption and exports will continue to decline. An important reason is the consequences of ASF in Spain. Experts of the European Commission expect that pork production in the EU-27 countries in 2026 will decrease by about 1.0% to about 21.76 million tons.
U.S. President Donald Trump extended for a year the sanctions against the leadership of Belarus, which expire on June 16. This follows from a document on the website of the US Federal Register.
For the first time since 2022, global grain production will decline this year. The main reasons are a decrease in planted area and lower average yields of cereal crops. This is the latest forecast from the International Grains Council (IGC), according to forecasts,
U.S. Secretary of State Marco Rubio is making a visit to India from May 23 to 26, a major step in the U.S. effort to strengthen relations with India amid growing rivalry with China.
The country’s government will reinstate the ban on imports of Ukrainian agricultural products, which “accidentally stopped working after the change of power”. This was announced by Hungary’s new prime minister, Peter Magyar, on social media last night.
The European Union has officially rejected the UK government’s proposal to create a separate single market for goods. Brussels responded by rejecting London’s initiative aimed at deepening bilateral trade relations, confirming that any attempts to obtain selective privileges without meeting all membership conditions are ruled out.
Hungary is considering an agreement with Romanian companies OMV Petrom and Romgaz to supply gas from the Black Sea field Neptun Deep, which is scheduled to start up in 2027. The state-owned MVM Corporation has already agreed on a gas price close to the cost of Russian imports, and the parties are now discussing schedules and supply volumes, which could amount to about 1 billion cubic meters per year at the start.
Sales of KFC restaurants in Moldova decreased by 8% to RON 6.23 mln (EUR 1.2 mln) in the first quarter of 2026. This is reported by Wall-Street.ro with reference to the report of Sphera Franchise Group – the largest operator of KFC, Pizza Hut and Taco Bell chains in Romania and Moldova.
