The food industry is connected from the local level, namely farmers, who are producers, to the industrial level, which is the processor. and international trade level They are exporters, so if one sector is affected, other sectors will suffer as well. 3 economic organizations in the field of agribusiness and food Consisting of the food … Read more
The European Commission (EC) has proposed new sanctions against Russia over its war in Ukraine, imposing a ban on Russian diamonds and strengthening other measures such as a cap on oil prices, it said, citing EC documents. Politico. Since Russia’s invasion of Ukraine, Brussels has implemented 11 sanctions packages targeting various areas. The latest sanctions … Read more
China tightens export controls on rare earths, a group of chemical elements essential for producing electric vehicles and some weapons (including missiles), requiring exporters to report their type and destinations. In a note, the Ministry of Commerce specified that the tightening will last two years (October 2023-October 2025). The move, a few days before the … Read more
(PLO)- Vietnamese businesses need to improve their readiness level, proactively learn about labor requirements to take advantage of market opportunities, ensure strict compliance with EU import standards and regulations, America. On October 17, in Hanoi, the Central Institute for Economic Management (CIEM) organized a seminar “Opportunities and challenges for Vietnamese businesses and export supply chains”. … Read more
Jakarta – Russia announced it was temporarily stopping exports of petrol and diesel to all but four countries in the world. This is claimed to be done by the red bear country to stabilize the market. Reporting from Reuters, Saturday (23/9/2023), Russia announced that the ban would take effect in the shortest possible time. However, … Read more
/nginx/o/2023/09/18/15600815t1hb79b.jpg "Western Goods Available in Russia Despite Boycott: Impact of Parallel Import Scheme and Luxury Cars Withdrawal")
Since Russia’s full-scale invasion of Ukraine on February 24, 2022, more than 1,000 foreign companies have announced their withdrawal from the aggressor country’s market. However, research by The Insider has revealed that, despite this boycott, various Western goods such as luxury cars, alcohol, carbonated drinks and clothing are available for purchase. The Russian government’s decision … Read more
Dmitry Medvedev, deputy chairman of the Russian Security Council, said after the Russian army opened up to recruit new soldiers throughout the year. About 280,000 people have already signed up for professional military service with the Russian army. It is part of a new round of military assistance to Ukraine, making the United States the … Read more
The Russian Federation does not have a sufficient number of sea grain carriers, and the interest of traders in wheat from Russia is falling against the background of the escalation of the war. The lack of ships in the Russian Federation and the decline in the interest of large grain traders in doing business with … Read more
Ukraine has agreed to use the ports of one of the European countries for export. Ukraine agreed to use Croatian ports for grain exports after Russia’s withdrawal from the Black Sea Grain Initiative. About it informed press service of the Ministry of Foreign Affairs of Ukraine after the talks between Minister Dmytro Kuleba and his … Read more
According to a survey conducted by HN, Czech businesses and analysts predict that the koruna will weaken by the end of the year. The most common exchange rate expected by entrepreneurs and analysts is 24.50 korunas per euro. The strong domestic currency has been causing significant complications for Czech companies dependent on exports to the … Read more