EASTERN EUROPE

EU Adopts New Wave of Sanctions Against Russia: Majority of Oil Imports to Be Restricted

10 June 2022

The European Commission has reported on 3 June 2022 that it welcomes the adoption of the sixth package of restrictive measures (sanctions) against Russia. The package was published in the EU Official Journal on the same day. The package also imposes further sanctions against Belarus considering its involvement in the aggression. As with previous sanctions packages, they have reportedly been coordinated with international partners. More

Market Opportunities

Europe conflict raises price pressures in Taiwan

11 May 2022

Although neither Russia nor Ukraine number among Taiwan’s leading trading partners, the European conflict has already dealt a blow to the territory’s economy. The conflict is likely to contribute to a rise in inflation, which is now expected to exceed 2% this year. More

hktdc research

US Sanctions on Russia

21 March 2022

In response to Russia’s recent military aggression against Ukraine, the US has adopted a far-reaching package of sanctions severely restricting economic relations with Russia. Hong Kong sellers with supply chains extending into Russia from the US may need to take careful note of these red lines. More

hktdc research

China and Russia Sign AEO Mutual Recognition Arrangement

16 February 2022

Under an agreement on the mutual recognition of authorised economic operators (AEOs) concluded between the customs authorities of China and Russia on 4 February, goods directly imported and exported by AEO enterprises from either of the two countries are eligible for priority customs clearance and inspection, lower document verification rate and other facilitation measures in the other country. More

hktdc research

Turkish Delight for E-Commerce

02 February 2022

The Covid-19 pandemic has driven rapid growth in e-commerce in Europe. Turkey, with its young, 84m-strong population and its location at the centre of a fast-growing region, offers many e-commerce opportunities. More

hktdc research

Post-Covid Prospects: Sweden

01 December 2021

The Swedish economy has bounced back more rapidly than many others in Europe, with activity returning to pre-Covid-19 levels as early as Q2 2021. This interview discovers how the Nordic region’s largest economy and its businesses are promoting a more sustainable recovery worldwide in partnership with their Hong Kong counterparts. More

hktdc research

Central Asia’s Giant Greenfield Market

24 November 2021

The Covid-19 pandemic has driven rapid growth in e-commerce in Central Asia. Kazakhstan, the most advanced and e-ready market in the region, has plenty of room for expansion as competition remains limited. More

Tech & Innovation

Giant greenfield market in Central Asia

20 October 2021

Along with shoppers in many countries, consumers in Kazakhstan – the largest economy in Central Asia – abruptly shifted online during the COVID-19 pandemic as social-distancing restrictions limited options for physical shopping. More

Market Opportunities

Hong Kong innovator steps into Central Asia

29 September 2021

The vast resource-rich steppe nation of Kazakhstan and the vibrant financial hub of Hong Kong could not have sounded more dissimilar, but complementary strengths are making them perfect business partners. More

hktdc research

Pole Position for E-Commerce

30 August 2021

One of the largest economies in Central and Eastern Europe in terms of population, area and GDP, Poland presents attractive prospects to exporters, particularly in e-commerce. More

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