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Tag Archives: china

Iran Is Stuck With China to Finance Its Oil Dreams

Amid the snake-infested marshlands on Iran’s border with Iraq, the control room monitoring North Azadegan oil field is manned entirely by Chinese technicians. In central Tehran, hundreds of Chinese pour out at noon from the telecommunications company Huawei to its canteen. There are now so many Chinese expatriates here, some …

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China Developing Railway Corridor in Turkmenistan

China Developing Railway Corridor in Turkmenistan

China is developing a railway corridor to Iran through Turkmenistan, the ‘Neutral Turkmenistan’ newspaper reported Oct. 11. The total length of the China-Kazakhstan-Turkmenistan-Iran railway route is around 10,000 kilometers and travel time is around two weeks, which is, on average, two times faster than by sea. According to the report, …

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Kakhetian Traditional Winemaking Company Signs 1 million Bottle Deal with China

China’s Beijing Charming Grand International Trading Company (CGIT) recently agreed to import one million bottles of Georgian wine and brandy in the next 12 months. Memorandum of Cooperation was signed with Georgian partner company Kakhetian Traditional Winemaking (KTW) last week, by KTW’s General Director Zurab Chkhaidze and head of  CGIT Van …

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Reuters: China, Georgia Sign Preliminary Trade Pact

China and Georgia on Wednesday signed a preliminary free trade agreement that is expected to take effect from the end of 2017. The deal is expected to see Chinese firms building ports and railways in Georgia, and will boost Georgian wine exports to the world’s No.2 economy, according to a …

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Georgia to Export 94% of Goods to China Without Customs Duties

Georgia to Export 94% of Goods to China Without Customs Duties

Under the free trade agreement with China, Georgia will be able to export 94% of products without customs duties, including wines, mineral waters, fruits, juices, cables, plastic products, nitric fertilizers and so on,  Minister of Economy Dimitri Kumsishvili noted. After the agreement comes into force, ships under Georgian banner will …

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Free Trade Agreement Negotiations with China Finalized

Free Trade Agreement negotiations with China have been successfully finalized in a record-breaking 7 months, – relevant Memorandum between the Ministry of Economy and Sustainable Development of Georgia and the Ministry of Commerce of the People’s Republic China was signed at the Administration of the Government today. The first Vice …

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Sulaberidze: Cargo Volume form China Will be a Big Surprise by the Next Year

Sulaberidze: Cargo Volume form China Will be a Big Surprise by the Next Year

Fitch’s assessment is relevant, – Levan Sulaberidze, head of “Trans Caucasus Terminal”, subsidiary company of “Georgian Railway”, responds so placement of Georgian Railways JSC’s of ‘BB-‘ on Rating Watch Negative. Sulaberidze noted with TV-company Maestro, that reduction of cargo turnover is caused by ongoing processes in the region through 2 …

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Anti-Tobacco Conference: China, India, Others May be Barred

Anti-Tobacco Conference: China, India, Others May be Barred

To avert compromised outcome, countries owning tobacco entities may be barred from participating in the 2016 anti-tobacco conference scheduled to hold in New Delhi, India. In a document, organizers called for support for the conference to “ensure the exclusion of representatives and officials from fully or partially state-owned tobacco industries, …

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This is how China’s New Silk Road Initiative could Impact European Trade

Much has been written about the Belt and Road initiative since Xi Jinping made it Beijing’s flagship initiative in September 2013. There are many interpretations of the initiative’s ultimate objectives, but one objective is clear. The belt and road scheme will bring huge improvements in regional and international connectivity through …

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Free Trade Regime with China: Economist Overviews

Georgia will export more than 95% of its goods and services to the world’s biggest market without additional taxes. Georgia and China have completed negotiations on free trade regime. More than 95% of Georgian goods and services will enter the Chinese market without additional taxes. Since China represents Georgia’s 4th …

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