News about International trade
A large-scale marketing campaign to attract English tourists to Georgia is organized by the National Tourism Administration and the Ministry of Economy and Sustainable Development of the country.
For weeks now, Iran’s mullahs regime has been blocking the world’s most important trade route – few tankers now pass through the Strait of Hormuz. Now Tehran also wants to charge for the use of fiber-optic cables laid in the strait, Iran’s Tasnim news agency reported.
Starting from July 1, 2026, Law No. 69/2026 of 30.04.2026 will enter into force in Moldova, providing for the exemption from import customs duties for goods produced in the USA.
Netflix Corp. said it has spent about $135 billion over the past decade to produce original movies and series in more than 50 countries.
Orange juice futures rose sharply on the New York Stock Exchange after the publication of forecasts of a decline in the orange harvest in Brazil, the world’s leading exporter of the beverage.
Prospects for expanding cooperation in strategic areas were discussed on 12 May by the leadership of the Moldovan Customs Service and representatives of the Organization for Security and Cooperation in Europe (OSCE), who are on a working visit to Chisinau.
A massive crisis in horticulture forced the U.S. government to allocate $9 million to farmers to liquidate 50 thousand tons of peaches and cut 420 thousand peach trees. The reason – the customer did not need this raw material.
To speed up the procedure, the Public Property Agency proposes to exempt both wineries from paying deductions and dividends from the profits earned by them in 2025 to the state budget.
Online fast fashion retailers Shein and Temu have entered a legal standoff in London, mutually accusing each other of copyright infringement and unfair competition. The case could set a precedent for the global e-commerce industry, where issues of copying designs, product images and marketing practices are becoming increasingly acute.
Billionaire Tesla owner Ilon Musk may join the US business delegation during the upcoming visit of US President Donald Trump to China. There is no official confirmation of the entrepreneur’s participation yet, but the very possibility of such a visit has already attracted the attention of markets and analysts.
Poland has filed a complaint with the Court of Justice of the European Union (EU) against the free trade agreement between the EU and Mercosur (a trade and economic union comprising Argentina, Brazil, Paraguay and Uruguay).
U.S. businesses, labor unions and lawmakers from both parties have stepped up pressure on Donald Trump ahead of his meeting with Chinese President Xi Jinping, urging against even a partial opening of the U.S. market to Chinese cars.
OPEC oil production continued to decline in April to its lowest level in more than two decades, according to a Reuters poll. Crude oil production by OPEC, which consists of 12 member countries, fell by 830,000 bpd in April. The March figure was revised down by 700,000 bpd due to Saudi Arabia’s output estimate.
From July 16, FLYONE airline will start operating direct flights on the Chisinau – Baku route. The flights will be operated three times a week – on Tuesdays, Thursdays and Saturdays.
Prescriptions for medicines issued in the European Union countries can be used on the territory of Moldova. Such a provision is contained in the draft law on amending a number of normative acts in the health sector, registered in the Parliament.
Moldova expects to attract Polish investments in seven strategic sectors of the economy: from IT and agriculture to energy and automobile industry.
One of the largest aluminum producers in the world has taken an interest in the Nikolaev alumina refinery in Ukraine, which was nationalized from Russian businessman Oleg Deripaska.
After weeks of Russian Urals crude benefiting from a global supply shortage, the market has suddenly changed direction. The Urals discount to benchmark Brent crude increased for the first time since the start of the war in Iran.
In the period January-April 2026, Moldovan producers of apple concentrate processed a little more than 2 thousand tons of apples. Moreover, last month accounted for at least half of the volume of processing of this raw material, industry operators note.
Germany’s Puma is going through a difficult period, with the company recording a loss in 2025 and warning that 2026 could remain unprofitable due to weak demand and business restructuring.
