News about International trade
Prime Minister Vasile Tofan and his Bulgarian counterpart, Rumen Radev, discussed the importance of strengthening cooperation on energy security in the region amid the sector’s mounting challenges. The exchange of views took place during a telephone conversation between the two heads of government.
Diageo, the world’s largest producer of spirits, has for the first time abandoned its target of a 5–7% annual increase in sales. Instead, the company is preparing for a prolonged period of weak demand and is launching a $1 billion cost-cutting program.
According to the Food and Agriculture Organization of the United Nations (FAO), the rise in prices in July was driven by a 3.4% increase in the cereal price index compared to the previous month. Wheat prices rose particularly sharply—by 5.8%. This was due to concerns about disruptions to exports from the Black Sea and damage caused by heat waves in key agricultural regions.
The National Energy Regulatory Agency (ANRE) has published new maximum prices for gasoline and diesel fuel, which will be in effect from August 8 through August 10.
eBay expects third-quarter revenue to exceed analysts’ forecasts. The online marketplace anticipates further sales growth in categories with high buyer engagement—ranging from luxury goods and collectibles to auto parts and refurbished electronics.
President Maia Sandu has proposed developing separate plans by the end of this year to promote the Republic of Moldova and engage with the public in each European Union member state. According to her, this will help strengthen the country’s international image and garner broader public support for its accession to the EU.
Moldovan Prime Minister Vasile Tofan stated that the government has no plans to impose restrictions on Ukrainian grain imports, despite demands from some local farmers. According to him, there is no basis for such measures, since Ukrainian grain has not actually entered the Moldovan market this season.
“Ukrzaliznytsia” is in talks with “Moldovan Railways” to reduce transit tariffs for Ukrainian cargo by 50%.
Water levels on the Rhine—one of Europe’s major transportation corridors—have dropped to a record low.
Winemakers in southeastern France are facing a new threat in the wake of massive wildfires: even the grapes that survived may be unsuitable for winemaking due to what is known as a “smoky aftertaste.” Producers fear that the aftermath of the fires will cause the industry no less damage than the fires themselves.
The American corporation Procter & Gamble (P&G) has agreed to acquire the dietary supplement manufacturer Thorne for $3.8 billion. The deal will allow the owner of brands such as Ariel, Gillette, Oral-B, and Pampers to significantly strengthen its position in the rapidly growing market for health and wellness products.
Earlier this week, a downward trend in fuel prices emerged in Moldova and around the world due to the drop in oil prices on global markets. This trend is taking hold, albeit very gradually.
The Swiss Cooperation Office in the Republic of Moldova has a new director. Diplomat Richard Коли has taken the helm of the office, succeeding Guido Beltrani, who has completed his four-year term.
A prolonged heat wave and falling water levels in the Danube have once again exposed sunken German military vessels near the Serbian town of Prahovo. The wreckage, left over from World War II, continues to hinder navigation on one of Europe’s key inland waterways, creating problems for freight transport.
Gasoline and diesel fuel have started to get cheaper.
Moldova has launched an official interactive tool that provides users with access to detailed information on foreign trade. It was launched by the National Bureau of Statistics (NBS) as a standalone application, whose main advantage is the ability to generate data at various levels of detail in accordance with international statistical classifications and user requests.
Moldova is seeking approval from Chinese authorities to export honey to the Chinese market. This issue was discussed at a meeting between Moldova’s ambassador to Beijing, Petru Frunze, and Mao Wenchong, deputy director general of the Department of European and Central Asian Affairs at the Chinese Ministry of Foreign Affairs.
Well, here he goes again. U.S. President Donald Trump raises and lowers tariffs as he pleases, violating international agreements that he himself signed and almost certainly breaking federal laws.
S.A. Energocom is continuing the process of procuring the natural gas required for the 2026–2027 gas year, in accordance with the procurement strategy approved by the company and the natural gas procurement procedure approved by the European Bank for Reconstruction and Development (EBRD).
“Granting permission for the visit of the delegation from Afghanistan was a mistake in assessing the situation and in interagency coordination,” said Prime Minister Vasile Tofan. According to him, formal administrative procedures were followed, but the potential political and diplomatic risks were not sufficiently taken into account when the decision was made.
