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Sunday, 30 August 2020

Diplomacy + Foreign Trade on 30 August 2020

GERD and Turkey dominate news on the diplomacy and foreign trade fronts after an eventful weekend. In other news:

New opportunities for citrus exporters, petchem players? Some 600 products will be fully exempt from custom duties starting 1 September under a trade agreement with the four South American Mercosur countries, the Trade and Industry Ministry said. The products include cement, natural gas, citrus fruits, and other petroleum-based products including butane, propane, nitrogen, and glues.

Egypt and Denmark have inked a clean energy agreement: The electricity and international cooperation ministries have signed an agreement with the Danish Ministry of Climate Energy and Utilities to facilitate Egypt’s transition toward clean and renewable energy, a cabinet statement said on Saturday. The agreement aims to boost commercial ties and facilitate knowledge exchange through technical and in-kind assistance. The statement did not provide additional details on projects or timeframe.

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