Latest news with #TimchoMucunski
Washington Post
6 days ago
- Business
- Washington Post
North Macedonia announces plan to take tariffs on US goods to zero in hopes of reciprocation
SKOPJE, North Macedonia — North Macedonia announced plans Monday to abolish all import taxes on the United States in the hope of reaching a reciprocal zero-tariff deal with the Trump administration. The plan still requires parliamentary approval and was put forward after the Balkan country was hit with a 33% tariff from the United States — considerably higher than the 20% imposed on the European Union. 'By unilaterally reducing customs rates, we are sending a message to accelerate the process of reciprocity in a mutual trade exchange,' Finance Minister Gordana Dimitrieska Kochoska told reporters. The trade volume between the two countries was just $314 million last year while U.S. imports totaled $196 million, according to government figures. Foreign Minister Timcho Mucunski said he discussed the possibility of a free-trade agreement with the U.S. at a meeting in Washington last week with Secretary of State Marco Rubio. North Macedonia's plan is part of a wider effort to try and stimulate its economy and would include other tariff reductions.
Associated Press
6 days ago
- Business
- Associated Press
North Macedonia announces plan to take tariffs on US goods to zero in hopes of reciprocation
SKOPJE, North Macedonia (AP) — North Macedonia announced plans Monday to abolish all import taxes on the United States in the hope of reaching a reciprocal zero-tariff deal with the Trump administration. The plan still requires parliamentary approval and was put forward after the Balkan country was hit with a 33% tariff from the United States — considerably higher than the 20% imposed on the European Union. 'By unilaterally reducing customs rates, we are sending a message to accelerate the process of reciprocity in a mutual trade exchange,' Finance Minister Gordana Dimitrieska Kochoska told reporters. The trade volume between the two countries was just $314 million last year while U.S. imports totaled $196 million, according to government figures. Foreign Minister Timcho Mucunski said he discussed the possibility of a free-trade agreement with the U.S. at a meeting in Washington last week with Secretary of State Marco Rubio. North Macedonia's plan is part of a wider effort to try and stimulate its economy and would include other tariff reductions.
The Independent
6 days ago
- Business
- The Independent
North Macedonia announces plan to take tariffs on US goods to zero in hopes of reciprocation
North Macedonia announced plans Monday to abolish all import taxes on the United States in the hope of reaching a reciprocal zero-tariff deal with the Trump administration. The plan still requires parliamentary approval and was put forward after the Balkan country was hit with a 33% tariff from the United States — considerably higher than the 20% imposed on the European Union. 'By unilaterally reducing customs rates, we are sending a message to accelerate the process of reciprocity in a mutual trade exchange,' Finance Minister Gordana Dimitrieska Kochoska told reporters. The trade volume between the two countries was just $314 million last year while U.S. imports totaled $196 million, according to government figures. Foreign Minister Timcho Mucunski said he discussed the possibility of a free-trade agreement with the U.S. at a meeting in Washington last week with Secretary of State Marco Rubio. North Macedonia's plan is part of a wider effort to try and stimulate its economy and would include other tariff reductions.
Asharq Al-Awsat
21-05-2025
- Politics
- Asharq Al-Awsat
Saudi FM Receives Phone Call from North Macedonia Counterpart
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah received on Wednesday a telephone call from Minister of Foreign Affairs and Foreign Trade of North Macedonia Timcho Mucunski. They discussed ties and topics of common interest.
Arab News
21-05-2025
- Politics
- Arab News
Saudi FM receives phone call from North Macedonian counterpart
DUBAI: The Kingdom's Minister of Foreign Affairs Faisal bin Farhan recently received a phone call from his North Macedonian counterpart Timcho Mucunski, the Saudi Press Agency reported on Wednesday. The two officials discussed bilateral relations and issues of common interest.
