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Tag: export

Moscow doesn’t like the Prespa apples and it finds Ecuadorian bananas tastier than the Indian

If the pressure from Russia was not that obvious in the Macedonian case with the banned imports of apples from Prespa, the example of Ecuador was pretty straightforward. By skillfully manipulating the business sector, the pressure put on the Ecuadorian leadership hit success and it changed its mind on the US offer to exchange the old Soviet weaponry and...

German minister thinks EU law clashes with Ukraine grain restrictions

The import restrictions on Ukrainian grain maintained independently by Poland, Hungary and Slovakia are probably not compatible with EU law, according to German Agriculture Minister Cem Özdemir, writes German news agency DPA. Özdemir, a Green Party politician, said ahead of a meeting with other EU agriculture ministers in Brussels on Monday that he sees no reason for such measures. "I also...

It Is not true that the EU banned imports of Ukrainian wheat in five member-states

The post we fact-checked is falsely claiming that the EU has banned the imports of wheat from Ukraine in some Member-States. On the contrary, the EU opposed the unilateral decisions of Poland, Hungary, Slovakia, Romania and Bulgaria to temporarily ban the import of grain from Ukraine in order to protect their own farmers once a mutually acceptable agreement on...

Slag from Topilnica in Veles will be separated in closed system to avoid dust dispersion

A new, modern separation line for the mineral raw material will be installed near the slag deposits from the former Topilnica (smelting plant) in Veles, North Macedonia. It's modern equipment which functions as a closed system, which in turn helps to avoid all possibilities of polluting the air and creating dust during the process of raw material separation. The...

North Macedonia’s export in the first quarter of 2021 was $2 billion, 29% more compared to the same period last year

In the period between January and March this year, North Macedonia had foreign trade in the amount of $4.6 billion. The total exports reached $2 billion, a growth of 29% compared to the same period last year. The value of the imported goods is $2.6 billion, which is 24.6% more compared to the first three months of 2020. Thereby, the...

Exports of companies in special economic zones in NMacedonia reached €776 million

The Technological Industrial Development Zones (TIDZs) in North Macedonia in the first quarter of this year registered the highest economic activity for this time period compared to the previous three years, both in the export and import fields, shows the regular monthly analysis of the TIDZs. In the first three months of 2021, the export from TIDZs has reached €776...

Russia again approves import of peaches, plums and other fruits from Macedonia

Since yesterday, various agricultural crops from Macedonia and Serbia will again be able to be exported to Russia, announced the Russian Ministry of Agriculture. The decision comes after the relevant agency visited the country and Serbia, after which the decision to resume exports was made, stated Russian news agency "RIA Novosti". In August last year, a temporary restriction was imposed by...

Companies are asking for joint customs services between Macedonia, Albania and Serbia

The companies that are part of the Economic Chamber of Macedonia (ECM) are asking for joint customs services for goods between our country, Albania, and Serbia. According to the monitoring that was conducted by ECM at the border crossings Tabanovce and Kjafasan, the biggest delays for the transporters are happening when a phytosanitary control is conducted (around three hours)...

Turkish investors want to invest in stock breeding and in the textile industry

МThe Foreign Investments Minister, Elvin Hasan was on an official visit to Turkey where he has met with the Minister of Foreign Affairs, Mevlüt Çavuşoğlu, the Minister of Trade, Ruhsar Pehcan and the Minister of Industry and Technology, Musfata Varank. "Even though Republic of Turkey is one of the biggest investors in our country, it was noted that stock...

China overtook Serbia and became one of Macedonia’s five biggest trade partners (infographic)

In January 2019, according to the total volume of the foreign trade, our country traded mostly with Germany, Great Britain, Greece, China, and Bulgaria, shows the latest data provided by the State Statistics Office. By entering the group of top five trading partners, China took over Serbia's place, which had long been in this list. The total value of the...

Peter: The European funds will stop and the state will be isolated if you say no to the EU

The companies members of the Foreign Investments Council strive for an easier conducting of their businesses in Macedonia, and NATO and the EU are the doors that lead to the easier conducting of businesses, said today at the press conference the President of the Foreign Investors Council, Stefan Peter. He said that Macedonia within the European Union would be...

Trade with Russia fell by 13%, reasons are not political but economic

Trade between Macedonia and the Russian Federation has declined by 12.7 percent, less than $ 9.3 million compared to the same period last year, which was pointed out at the forum of the Macedonian-Russian Chamber of Commerce and one-week training on the topic "Peculiarities on the Russian market and a strategy of success (potential, opportunities, realization) ". It is also...

Skopje expels Russian diplomat, while in Moscow the “Days of a Macedonian Winter” takes place

In Macedonia, the Ministry of Foreign Affairs decided to expel a Russian diplomat regarding the "Skripal" case, while in Moscow, the "Days of a Macedonian Winter" event took place at the huge complex "Food City". At the event, which will last until tomorrow, five Macedonian companies are taking part. "Ajvar is expected to cause the most interest, along with other Macedonian products...

NBRM: The situation in the economy for the third quarter is improving

After the decline in economic activity in the first half of the year, the data for the gross domestic product (GDP) showed a moderate increase on an annual basis of 0.%, reported the National Bank in a statement. "The growth of the activity in the third quarter was due to the export and personal consumption, while investment activity continued to...

Angjushev’s meeting with Garrett: Macedonia can export more to Great Britain

The VP for economic issues, Kocho Angjushev met today with the British Ambassador, Charles Garrett and they talked about the economic cooperation between Macedonia and the United Kingdom. They concluded that the cooperation is on a satisfactory level, but there is a possibility for a better development of the economic relations, especially when it comes to the export from...

Bogov: Investments have failed, GDP will increase by 2.3%

This year investments have failed, affecting the projection of growth of the gross domestic product to 2.3% in 2016, said Governor Dimitar Bogov, at the presentation of the October macroeconomic projections. “All investments totally failed: public, private, foreign and domestic. The general ambience due to the political crisis was not the most suitable and it affected investor confidence. Increasing the...

Government Approves The Draft Budget For 2017

The Government at yesterday's session approved the draft budget for 2017 and later today, it is expected to be submitted to Parliament. The Minister of Finance Kiril Minoski explained that the budget for 2017 has been prepared on the basis of a projection for economic growth of 3% next year. “Total revenue of the consolidated budget for 2017 has been planned...

Brexit will be felt in Macedonian trade

Reducing imports and exports with the UK is a possible consequence for the Macedonian economy after the country leaves the European Union. However, overall there will be no significant changes and adverse effects on the Macedonian economy. The Economic Chamber of Macedonia said that the impact of Brexit on the Macedonian economy will depend on the next steps regarding the...

The New Year is full of uncertainty and insecurity for the export for Macedonian companies

For Macedonian companies the New Year brings the prospects of uncertainty, and insecurity for exports to overseas markets. For the domestic market, the impact of consumerism is diminishing in the Macedonian home market, as for the international situation, global developments are slowing down, with more negatives, such as the influence of growth in China and the European embargo that...

How will Macedonia endure Greek collapse: Business will suffer, banks will take a breath

According to Governor Dimitar Bogov, Greek crisis cannot influence the banking sector, but it will have an impact on trade with this country. Companies exporting to that market can experience consequences. The need for placement of Macedonian products will be reduced due to reduction of the purchasing power of Greeks. Foreign trade with Greece in the first quarter of 2013 amounted...