Saudi, Romanian Transport Ministers Sign MoU on Logistics Services

An MoU was signed to strengthen cooperation between Saudi Arabia and Romania. SPA
An MoU was signed to strengthen cooperation between Saudi Arabia and Romania. SPA
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Saudi, Romanian Transport Ministers Sign MoU on Logistics Services

An MoU was signed to strengthen cooperation between Saudi Arabia and Romania. SPA
An MoU was signed to strengthen cooperation between Saudi Arabia and Romania. SPA

Saudi Minister of Transport and Logistic Services Saleh bin Nasser Al-Jasser has met with Romanian Minister of Transport, Infrastructure, and Communications Sorin-Mihai Grindeanu.

The meeting took place during Al-Jasser’s official visit to Romania.

Al-Jasser and Grindeanu discussed various ways to enhance cooperation between the two countries. The ministers also engaged in discussions on several topics of mutual interest.

Following their talks, the ministers signed a memorandum of understanding (MoU) to strengthen cooperation between Saudi Arabia and Romania in the field of logistics services.

Romanian Minister of Research, Innovation, and Digitalization Bogdan-Gruia Ivan, Saudi Ambassador to Romania Mohammed Abdul Ghani Khayat, and Al-Jasser's delegation were present at the meeting.



Russia Hikes Import Tariffs for Consumer Goods from 'Unfriendly Countries'

A Russian national tricolor flag flutters on a tourist boat as another boat passes by along the Moskva river in central Moscow on July 18, 2024. (Photo by Natalia KOLESNIKOVA / AFP)
A Russian national tricolor flag flutters on a tourist boat as another boat passes by along the Moskva river in central Moscow on July 18, 2024. (Photo by Natalia KOLESNIKOVA / AFP)
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Russia Hikes Import Tariffs for Consumer Goods from 'Unfriendly Countries'

A Russian national tricolor flag flutters on a tourist boat as another boat passes by along the Moskva river in central Moscow on July 18, 2024. (Photo by Natalia KOLESNIKOVA / AFP)
A Russian national tricolor flag flutters on a tourist boat as another boat passes by along the Moskva river in central Moscow on July 18, 2024. (Photo by Natalia KOLESNIKOVA / AFP)

Russia increased imports tariffs for consumer goods, including candies, biscuits and shampoo, produced in countries that support sanctions against Moscow, according to a government order published late on Friday.

Russian imports from nations that imposed sanctions against Moscow over its military conflict with Ukraine slumped in 2022.

Some Western producers stopped selling to Russia, but Moscow has found roundabout ways to keep goods coming, including a grey imports scheme, and plenty of foreign goods remain on store shelves.

According to the order, the tariffs for perfume, cosmetics and shampoo from Poland, for example, will amount to 35% of the customs value. Duties for wallpapers from Lithuania, Latvia and Estonia will rise to 50%.

The new tariffs will be in place until and including Dec. 31 2024 and take effect seven days after publication.