Germany hopes that an escalation of the trade dispute between the United States and China can be avoided, Economy Minister Peter Altmaier said on Monday, adding that all parties should be careful with implementing unilateral decisions

European shares fell sharply on Monday after U.S. President Donald Trump unexpectedly ratcheted up trade tensions between the world’s largest economies by vowing to hike tariffs on Chinese goods by this week, prompting investors to flee riskier assets, reports Trend citing to Reuters

For many years, Pakistan and Tajikistan have been successfully cooperation in many areas. Today, Pakistan is one of the main investors in the Tajik economy.

Kazakhstan and Uzbekistan are showing mutual interest in the progressive development of bilateral relations in trade and economy, transport and communication, and other areas of mutual interest.

A meeting of the Uzbek-Austrian intergovernmental commission on trade and economic cooperation was held in Tashkent on April 9.

Tajikistan, taking into account the prospects for its economic development, geographical and geopolitical location, pays attention to the further development and deepening of a wide range of mutually beneficial cooperation with Uzbekistan.

The ability to legally regulate the movement of cross-border flows of people, goods, services and capital as well as the need for transport corridors are positive factors for Kazakhstan’s participation in the EAEU.

Belarus is a significant partner for Iran, because of its geopolitical location.

Russia isn’t just the main trade partner, but the main historical partner of Azerbaijan, and that’s why non-oil products are mainly exported to this country, Counselor of the Azerbaijani Embassy in Russia on Economic Affairs Shovgi Mehdizade said.

China and Iraq are the main trading partners of Iran, said the head of the Iranian Customs Directorate, Mehdi Mirashrafi.