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On 24 June 2010, Ukraine's Foreign Minister Kostyantyn Hryshchenko signed a free trade agreement with the European Free Trade Association (EFTA). [205] According to the Global Competitiveness Report of 2012–2013, "the country's most important challenge is the needed overhaul of its institutional framework, which cannot be relied on because it ...
The World Bank's report released Sunday provides further details and numbers. In that report the World Bank revised its projection for Armenia's economic growth in 2022 from 5.3% to 1.2%, noting that "the impact of Russia's invasion of Ukraine on Armenia's economy is likely to be notably negative, but the scale remains undetermined."
According to the United Nations Comtrade database, which aggregates global trade statistics, in 2022 total trade between Russia and China hit a record high of $190 billion in 2022, up 30% from a ...
Grain thunders into rail cars and trucks zip around a storage facility in central Ukraine, a place that growing numbers of companies turned to as they struggled to export their food to people ...
The European Union is calling on China to improve market access to address an annual trade imbalance of more than $200 billion between the two sides. A China, EU summit exposes divisions over ...
China-Russia trade surged as well reaching $93.8 billion since January 2023, a 75.6% increase, the largest since Western sanctions were implemented, while much of the world has seen declining trade volumes with the Russian Federation due to broad sanctions. Its economy is now predicted to only fall by 0.7%, in line with many Western nations.
MOSCOW (Reuters) -Russian gas supplies to Europe via Ukraine are set to end on New Year's Day, bringing down the curtain on Moscow's long period of dominance of supply in the European gas market.
Committee supported Ukraine in trade conflict with Russia. It was decided to raise that issue on the G20 summit in Saint Petersburg and pass a resolution about the support of Ukraine. [32] Government of Germany, commenting the trade embargo, called on Russia to respect the right of Ukraine for the close relationship with European Union. [33]