News about International trade
Russia has begun importing gasoline by sea from Morocco due to a domestic fuel shortage. An oil tanker delivered about 30,000 metric tons of AI-92 gasoline, industry sources told Reuters.
In July, Italy became Europe’s largest buyer of liquefied natural gas (LNG). While many EU countries are cutting back on purchases due to high prices, Rome is banking on building up large reserves ahead of winter.
The All-Ukrainian Agrarian Council and the All-Ukrainian Agrarian Business Club are asking Prime Minister Serhiy Koretsky to postpone the increase in Ukrzaliznytsia’s freight rates—scheduled for August— by 30% and to review its pricing policy. Otherwise, the cost of shipping Ukrainian grain to the Romanian port of Constanța could rise to $60–70 per metric ton.
The National Energy Regulatory Agency (NARE) has published the maximum prices for gasoline and diesel fuel, which will be in effect over the weekend of August 1–3.
The Caspian Pipeline Consortium (CPC), which owns the terminal and pipeline, issued a statement announcing another shutdown just two days after resuming oil loading onto tankers in Novorossiysk following a week-long hiatus.
Wheat prices in Moldova did not rise in July; in fact, they even fell by 0.30–0.40 lei/kg over the past week. On the Moldovan market, wheat costs an average of 1.5 lei/kg less than at the port of Constanța. On this basis, the Association of Grain and Oilseed Producers is requesting that the Competition Council be convened.
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This week brought some bad news for Moldovan farmers. Despite serious disruptions in port logistics in neighboring Ukraine, prices for first-group agricultural crops have fallen to a greater or lesser extent.
Starting August 1, Russia will impose a ban on the export of gasoline, diesel fuel, and a number of other petroleum products, stepping up measures to ensure the domestic market is adequately supplied following supply disruptions in Russian regions. The restrictions will remain in effect until January 31, 2027.
In a press release issued today, the Romanian company Transelectrica announced that, following a technical assessment conducted this morning, experts from the National Energy Dispatch Center decided to keep Power Unit No. 2 at the Cernavodă Nuclear Power Plant in operation for the time being, the shutdown of which had been announced yesterday.
Axel Dumas, CEO of Hermès, has identified an unusual indicator that helps assess the outlook for the Chinese luxury market. That indicator is pork prices—one of the key indicators of consumer sentiment in the country.
Ukraine, Romania, and the Republic of Moldova, with the support of the European Commission, have agreed to step up the development of alternative export routes through Danube ports amid the temporary closure of Ukrainian ports due to intensified Russian attacks. During a joint meeting, the parties discussed measures designed to ensure the continuity of exports and enhance the resilience of supply chains.
The National Food Safety Agency has announced a recall of “BATTER flavor COOKIES” from Becky’s B.V. (Netherlands) from stores. The product is packaged in round tin boxes containing 114 grams of product. The production date is 09/22/25, and the expiration date is 09/21/27. The lot number is PG22IYD.
British oil and gas company Shell more than doubled its adjusted profit in the second quarter of 2026, earning $9.84 billion compared with about $4.4 billion a year earlier. The growth was driven by high global oil and gas prices, which rose amid the military conflict in the Middle East, although the company itself warns that instability in the region is already putting pressure on production and supplies.
Turkey and Moldova discussed measures to deepen their economic and strategic cooperation, including in the areas of trade, defense technology, and investment, said Turkish Trade Minister Ömer Bolat.
While brands protected their logos in the 20th century, in the 21st century they protect the associations people make with them. Today, legal disputes center not only on company names, but also on colors, patterns, packaging shapes, product silhouettes, and other elements that allow consumers to recognize a brand in a split second.
Mutual recognition of court rulings between Moldova and other states party to the treaty will enhance legal protection for businesses in cross-border disputes. Judgments rendered in one country may be enforced in another. The relevant law has been adopted by Parliament in its first reading.
The government today approved a decision to launch negotiations and sign a Memorandum of Understanding between Moldova’s Ministry of Education and Research and India’s Ministry of Education to strengthen bilateral relations and promote cooperation in the field of higher education.
Romania remained Moldova’s largest trading partner: in 2025, trade between the two countries reached €3.9 billion, an increase of approximately 15%. These figures were cited during a meeting between Prime Minister Vasile Tofan and Romanian Ambassador Cristian-Leon Țurcanu.
Ukraine’s state-owned railway carrier, JSC “Ukrzaliznytsia,” has launched a series of talks with logistics market operators aimed at increasing the throughput capacity of railway border crossings. The first phase begins on July 29 with a meeting on crossings with Poland, followed by meetings with Romania and Moldova on July 30, Hungary on July 31, and Slovakia on August 4. The Moldovan side would be wise to decide by tomorrow whether it has any interest in this dialogue.
