News about International trade
On the sidelines of a working visit to Bucharest, Moldovan Parliament Speaker Igor Grosu was received at the Elizabeta Palace by Her Majesty Margareta. He thanked the Royal House of Romania for its constant support for Moldova and for its active participation in the development of economic, cultural and European ties between the two countries.
The Ukrainian authorities are engaged in new international agreements in the security sphere. One of the key areas could be the Drone Deal between Ukraine and the USA, which envisages joint production of drones and development of defense technologies.
The meeting between Donald Trump and Chinese President Xi Jinping is designed to prolong the truce between the two major economic and military powers of the planet, concluded last fall, but will not be able to resolve any direct problems in bilateral relations, much less address indirect problems, including Russia’s war against Ukraine, experts believe.
Exxon and Shell are resuming Arctic exploration under Donald Trump’s slogan “Storms, Crumbs, Storms.” They are seeking to replenish reserves, diversify portfolios and maximize profits from Donald Trump’s policy of ramping up fossil fuel drilling, even though they recently claimed otherwise. Record investments and the success of new projects promise to exceed all expectations, in what experts see as a great success of the U.S. administration’s public policy.
Copper prices rose above the key mark of $14 thousand per ton, approaching historical highs. The market continues to grow despite the increased nervousness on global platforms due to the aggravation around Iran.
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.
