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First shipment of Russian fertiliser en route to Africa

The first Russian shipment of fertiliser left the Dutch port of Terneuzen on Tuesday (29 November) after days of negotiating to ensure it would not be snagged by Western sanctions. The ship was commissioned by the UN’s food security agency, the World Food Programme, and the cargo is part of some 260,000 tonnes of Russian fertiliser stored in European ports.

patrickn97 Thu, 12/01/2022 - 07:18 Brussels hosts 6th EU-GCC Business forum
The EU and the GCC have underlined their commitment to expanding cooperation during the sixth joint business forum held at the Residence Palace in the European Quarter of Brussels on Thursday, 24 November.  "This meeting is both welcome and timely, given the very challenging global developments we have faced, and continue to face, in 2022," said European Commission Executive Vice-President Valdis Dombrovskis in his keynote speech to the gathering. Dombrovskis said that "in this challenging environment, the EU is fully committed to strengthening economic ties between our two regional blocs. By developing our areas of mutual interest, by working in a more collaborative way, we can achieve real benefits.  "The EU is guided in this important work by our Communication on a 'Strategic Partnership with the Gulf, published in May of this year. The strategic aim of this roadmap is clear: we want to broaden and deepen our cooperation with the GCC and its member countries. We view the Gulf as a dynamic neighboring region, and an important gateway between Europe, Asia and Africa."
dennis2020 Fri, 11/25/2022 - 07:14

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Opinion: A resumption of the Iran nuclear deal is also good for Armenia

Opinion: A resumption of the Iran nuclear deal is also good for Armenia

Reports from Vienna suggest that Iran and the world powers are close to agreeing on restoring the Iran Nuclear Deal. For a moment it appeared that the negotiations were going to get entangled in the current Ukraine crisis, but it appears that Iran has dissuaded Russia from doing so. In this op-ed for commonspace.eu Benyamin Poghosyan says a deal would be good for neighbouring countries like Armenia who are keen to exploit trade opportunities with Iran.
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IMF Head warns of economic impact of Ukraine Crisis on Africa

IMF Head warns of economic impact of Ukraine Crisis on Africa

African economies are particularly vulnerable to the impacts of war in Ukraine, says IMF Chief Kristalina Georgieva. The remarks come two weeks after the Russian invasion of Ukraine sent financial markets into steady decline, leaving African economies with high food and fuel prices. “The war and the unprecedented sanctions imposed on Russia are having far-reaching consequences. They come at a delicate time for Africa.”, she stated at a closed virtual press briefing on Thursday.