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The German government proposes changes to the new EU packaging regulation to relieve small businesses. Companies with less than ten tons of packaging per year would be exempt from appointing a foreign representative and from registration requirements until 2028. Business associations welcome the proposal but call for further measures.
Companies & MarketsTrade & ConsumptionIT & Internet
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Uzbek companies are increasingly developing local brands for domestic and international competition. Industrial production rose 6.8% in 2025, with exports increasing 24% to approximately 29 billion euros.
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Serbia and Uzbekistan aim to boost trade and are discussing a free trade agreement. Bilateral trade reached a record $41.9 million in 2025, with Serbian agricultural and food exports increasing by 54.1% in early 2026.
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The travel industry warns of new border concerns and long waiting times following the end of emergency measures for the EU's Entry/Exit System (EES). Representatives from Ryanair and Holiday Extras criticize the system as failed and demand an extension of flexible rules until April 2027. The EU Commission, however, considers the system to be largely functioning well.
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Canada has introduced retaliatory tariffs of up to 50 percent on US goods valued at 27.6 billion Canadian dollars. This action is a response to US tariffs on Canadian products, intensifying an 18-month trade dispute.
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German exports decreased by 0.8 percent in July, marking the first decline in five months and exceeding analyst expectations. This drop is attributed to reduced demand from China and the Eurozone.
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Qatar and the UAE are using ship-to-ship transfers to maintain LNG exports despite the Strait of Hormuz blockade. These emergency measures increase the cost of each shipment by over $1 million and extend travel time by up to 35 hours.
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French AI startup Mistral has secured three billion euros in a funding round, valuing the company at over 21 billion euros. The company plans to invest the capital in research, development, and infrastructure.
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A new forum in Jerusalem, "Within Your Gates," aims to foster understanding of different narratives and conflicts surrounding the city by bringing together experts from various disciplines and religions. The goal is to contribute to peace in the Middle East through improved situational understanding.
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Following the AfD's victory in Saxony-Anhalt, pressure on Chancellor Merz is mounting. Ukraine is seeking war funding, and the EU condemned the military funeral for convicted war criminal Ratko Mladić in Serbia.
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