News about International trade
The Ukrainian Grain Association (UZA) forecasts the harvest of grain and oilseed crops in 2026 at the level of 83.6 million tons. The UZA’s estimate for 2025 is 80 million tons of these products.
Armenian Prime Minister Nikol Pashinyan said that at this stage there are no grounds for holding a referendum in Armenia on the choice between the European Union and the Eurasian Economic Union.
Since May 25, it has become mandatory for cargo ships passing through the Sulinsky Canal to the ports of Ukraine and Moldova to issue a transit declaration T1.
China and the United States are at the center of global trade flows – they dominate both purchases and shipments of goods around the world. Together with Germany, these countries account for a huge share of global trade in goods.
The Polish Inspectorate for the Quality of Agricultural and Food Products (IJHARS) reported on Facebook that it had blocked the import of 63 tons of green coffee from Brazil into Poland. Publications by French and Polish politicians linking this fact to the EU-Mercosur deal are not correct. Green (unroasted) coffee has entered the European market duty-free before. However, the “wave of negativity” quite adequately once again reflected the attitude of a certain part of the European society to this deal.
The six largest economies of the European Union have called for speeding up the implementation of the Capital Markets Union by sending a letter to the European Commission. It was signed by Germany, France, Spain, Italy, Poland and the Netherlands, known as the E6.
A partial opening of the Strait of Hormuz may be imminent. But has a long-term solution to the conflict in the region become more likely?
World vegetable oil production in the 2026/27 marketing season will reach 244.1 million tons. This is about 6.8 million tons more than in the current season. The global supply of this commodity will fully meet the projected demand for it (237.6 million tons).
The Republic of Moldova takes another step towards European economic integration. The Ministry of Economic Development and Digitalization and the Swedish National Board of Trade (NBT) signed a Memorandum of Cooperation for the period 2026-2028.
Bitcoin rebounded to levels near $74,000 on Friday after falling to a near seven-week low in the previous session. Reports that the U.S. and Iran are close to extending a ceasefire agreement helped improve appetite for riskier assets.
Moldova’s integration into the European value chains in the security and defense industry was one of the main topics of the working visit to Brussels by Deputy Prime Minister, Minister of Economic Development and Digitalization Eugeniu Osmochescu and State Secretary Cristina Ceban.
Precipitation in late May – early June, especially prolonged precipitation, may significantly reduce the already pessimistic forecast for this year’s cherry crop. The bulk of production during this period is the so-called “farm cherries”: local early maturing varieties, small caliber, sold exclusively on the domestic market of Moldova.
Poland has received preliminary approval from the U.S. State Department to localize production of missiles for Patriot air defense systems.
The perspectives of the nut sector in the Republic of Moldova were analyzed during the conference dedicated to the 20th anniversary of the Association of Nut Growers of the Republic of Moldova (ANRM).
Skuleni Customs officers foiled an attempt to smuggle a shipment of drones and drone accessories out of the country.
The 2026 harvest in Brazil is estimated at 66.7 million bags (a standard bag of coffee in the International Coffee Organization’s ICO measurement system is 60 kg). This is an 18% percent increase over last year’s result. If the forecast is confirmed, the result would be a new record in history (statistics maintained by the National Supply Company Conab), exceeding the 2020 figure (63.08 million bags) by 5.74%.
EU authorities are making vigorous efforts to strengthen technological sovereignty and reduce dependence on external suppliers of critical components.
Integration processes within the Eurasian Economic Union (EAEU) are strengthening, which will allow mutual trade volumes to reach $100 billion in 2026.
Polish group Orlen is interested in expanding its presence in Ukraine and is considering the possibility of acquiring a stake in Ukrnafta.
The U.S. and Iran have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch talks on Iran’s nuclear program.
