News about International trade
Ukraine is preparing for a new stage of increasing natural gas imports from Poland. A corresponding joint project has already been agreed upon by regulators of both countries.
The Kazkrahmal plant is under construction in the Turkestan region of Kazakhstan, which will be the country’s first and Central Asia’s largest complex for deep processing of corn.
The Belarusian Foreign Ministry protested to Armenia after the statements of Parliament Speaker Alen Simonyan, who accused Russia of attempting to change the power in Armenia and said that the country “will not be governed like Belarus”.
The National Energy Regulatory Agency (NERA) has set new maximum fuel prices that will be in effect tomorrow, May 7.
In April, state-owned Energocom purchased electricity at an average price significantly lower than in March, recording a decrease of almost 20 euros per MWh.
The dollar weakened against most major currencies on Wednesday after the U.S. signaled it may be close to an agreement with Iran. President Donald Trump said he would briefly suspend the operation to escort ships through the Strait of Hormuz, citing progress toward a comprehensive agreement with Iran.
The cargo ship was struck by a missile in the Persian Gulf area, with several crew members injured.
For the first time, the European Union directly recorded a political signal to Armenia – the summit’s final document speaks of the “aspiration of the Armenian people” for rapprochement with the EU. This is the main result of the first meeting at this level between Yerevan and the European Union, held on May 4-5.
India will be the main driver of the world economy in the coming years, while the center of global growth is finally shifting to Asia. This is the conclusion of the International Monetary Fund (IMF) in its updated World Economic Outlook.
Work has begun on laying pipelines for Romania’s Neptun Deep gas project in the Black Sea, one of the European Union’s largest energy fields with estimated reserves of 100 billion cubic meters of recoverable gas.
European Union countries’ oil and gas import costs rose sharply in March-April 2026, exceeding an additional €30 billion, European Commissioner for Energy Dan Jorgensen told a briefing in Brussels.
About 1 thousand tons of table grapes were exported by Moldova in April 2026. The buyer is Iraq.
Starting from the third quarter of 2024, Moldova entered an unprecedented zone: food imports exceeded exports.
The strategy of long-term storage of apples in expectation of a higher price at the end of the season did not justify itself. The dynamics of the fruit market in Europe developed in the opposite direction – stagnation or decrease in prices for dessert and industrial apples. As a result, growers in Ukraine, Poland and Moldova, at best, gained nothing, and at worst – suffered financial losses.
French luxury conglomerate LVMH is exploring the sale of a number of fashion houses, cosmetics brands and alcohol assets amid slowing demand for luxury goods.
Tensions in the Gulf region and volatility in energy markets may lead to a further downward revision of the GDP forecast. According to Eugeniu Osmokescu, Deputy Prime Minister and Minister of Economic Development and Digitalization, the recent downward revision of the economic growth forecast from 3.3% to 2.2% for this year is not the last.
Global exports of liquefied natural gas (LNG) fell in April to their lowest level in almost two years. This was the result of the de facto closure of the Strait of Hormuz due to the war in the Middle East. Nevertheless, the lost Qatari volumes are quickly being replaced by other producers: for example, from the US and Canada.
The acquiring company may simply not have the money for it.
The Ministry of Energy initiated the process of granting the status of a strategic object of national interest for the country’s energy security to the construction of the 400 kV Straseni-Gutinas transmission line, as well as the modernization of the 330 kV power plant in Straseni.
MAIA leadership today met with a delegation from the State of North Carolina (USA) led by Secretary of State Elaine F. Marshall. They discussed the process of building a strategic partnership between the countries in the areas of agriculture, applied research and advisory services.
