Georgia and Uzbekistan target $1 billion in annual trade
Georgia and Uzbekistan are aiming to nearly quadruple annual trade to $1 billion, up from $267.6 million in 2025, as the two countries seek to stre...
The Council of the European Union has agreed to suspend import duties on a range of Armenian products for two years to support the country’s economy, after Russia imposed trade restrictions.
The temporary liberalisation will cover 99 per cent of Armenia’s exports of fresh fruit, vegetables and plants to Russia, and more than 91 per cent of its beverages and spirits.
Russia is Armenia’s largest trading partner, accounting for more than 35 per cent of the country’s trade in 2025. In 2024, Armenia's exports to Russia amounted to $3.14 billion.
Moscow has however introduced a series of escalating restrictions on Armenian products throughout 2026, including mineral water, fruits and vegetables, fish, and dairy products, among other items.
The European Union has implied that Russia’s measures are in response to Yerevan developing closer relations with the bloc.
“No country should be pressured for a sovereign choice,” European Commission President Ursula von der Leyen said in July, announcing a $60 million (€52 million) package of support for the country, to help it with the economic impact of Russia’s restrictions.
Armenian Prime Minister Nikol Pashinyan said in late August that the country would begin preparing to apply for EU membership.
The measures agreed by the Council of the European Union, the EU’s top political body, are expected to liberalise around 80 per cent of Armenia’s exports to the bloc.
The Irish government, which currently holds the EU Council's rotating presidency, said on Wednesday that the initiative showed that the EU would defend its partners.
“Europe stands with Armenia and its people, who have chosen a clear path for reform and closer cooperation with the European Union. Today's decision sends a clear message: when faced with economic coercion, the EU will respond,” Helen McEntee, Minister for Foreign Affairs and Trade of Ireland said.
The European Parliament is expected to approve the measures without amendment in September. The Council will then approve it and the regulation will be adopted.
One person was killed and nearly a dozen hurt in a fresh attack on Riyadh's international airport on Sunday, Saudi authorities reported, a day after a strike claimed by Yemen's Houthis killed 13 people and wounded more than 300.
The Saudi-led coalition in Yemen said late Monday that it intercepted and destroyed two ballistic missiles launched by the Houthi group toward Khamis Mushait in southwestern Saudi Arabia.
The Houthi movement has escalated their attacks on Saudi Arabia, targeting the airport in Riyadh and other cities, killing more than a dozen people.
The Kremlin on Monday rejected a 60-day ceasefire idea proposed by Ukrainian President Volodymyr Zelenskyy to allow his country to hold presidential elections, saying it wanted an overall peace deal instead.
Ukrainian President Volodymyr Zelenskyy says Russia hit at least six energy targets in deadly strikes across Ukraine, showing Moscow is unwilling to accept the energy ceasefire announced by U.S. President Donald Trump.
Georgia and Uzbekistan are aiming to nearly quadruple annual trade to $1 billion, up from $267.6 million in 2025, as the two countries seek to strengthen economic ties and expand transport links.
Iran has warned against the military use of Starlink, saying it has developed domestic technology capable of countering cyber threats linked to the satellite internet service.
Afghanistan has accused Pakistan of blaming Kabul for its domestic political and security problems, as Islamabad repeated claims that militants are using Afghan territory to launch attacks across the border.
Pakistan has called on Afghanistan’s Taliban authorities to crack down on militants operating from Afghan territory, warning that cross-border attacks pose a growing threat to regional security.
Saudi Arabia has vowed to remain resilient after a wave of Houthi missile and drone attacks killed around 20 people at Riyadh's main airport, raising concerns over the kingdom's air defences and disrupting flights across the region.
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