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International Relations Trade

All articles tagged with #international relations trade

international-relations-trade2 years ago

"Polish Border Tensions Persist as Embargo and Blockades Impact Ukraine Trade"

Poland has declared an indefinite embargo on imports of Ukrainian products, as announced by Polish Minister of Agriculture Czesław Siekierski. The decision comes amidst ongoing protests by Polish farmers who have resumed blockades at border checkpoints, demanding government subsidies and assurances. Despite previous promises to meet the farmers' demands, the lack of written confirmation from the government has led to continued unrest. The embargo will remain in place until an official order to lift it is issued.

international-relations-trade2 years ago

"Ongoing Protests Lead to Persistent Delays at Polish-Ukrainian Border"

Polish transport companies and farmers continue to protest at the Ukraine/Poland border, causing significant delays with over 3,000 trucks queued. The protests, which began in November, are a response to increased competition following the EU's decision to open borders for Ukrainian trade after Russia's invasion. The blockades are causing logistical challenges and delays in delivering crucial supplies, including drones for the Ukrainian military. Polish Prime Minister Donald Tusk has indicated that negotiations may soon lead to a resolution that could ease the border tensions.

international-relations-trade2 years ago

"Ethiopia Secures Strategic Red Sea Port Access Through Somaliland Pact"

Ethiopia has signed a memorandum of understanding with Somaliland to use the Berbera port on the Red Sea, aiming to diversify its maritime trade routes currently dependent on Djibouti. The agreement also hints at Ethiopia recognizing Somaliland's independence in the future and includes a stake for Somaliland in Ethiopian Airlines. This move comes as Somaliland seeks international recognition of its autonomy from Somalia since 1991, while Somalia considers it part of its territory.

international-relations-trade2 years ago

"Global Impact of G7's Russian Diamond Ban on Trade and Legalities"

The European Union has initiated a full ban on direct imports of natural and synthetic diamonds and diamond jewelry from Russia starting January 1, with an embargo on Russian diamonds processed in third countries to follow later in the year. This move is part of the EU's 12th package of sanctions against Russia, which also includes a tighter price cap on Russian oil and an expanded list of goods subject to sanctions, such as lithium batteries and certain chemicals. The sanctions are expected to impact Russia's earnings from the diamond trade, which are estimated to be between 3.7 and 4.6 million euros annually.