5 minutes agoHow does war in Iran affect Kosovo's economy?
Periskopi(4 months ago)
(4 months ago)Developments in the Middle East, following the war launched by the United States and Israel against Iran, are expected to affect the Kosovo economy by creating uncertainty, estimates Sytrime Dervisolli, trade expert. It states that the effects have been immediately observed, with the rising price of fuel, action it calls unnecessary. [...]
It states that the effects have been immediately observed, with the rising price of fuel, action it calls unnecessary.
All companies have fuel reserves, there have been signals that something “can happen in the Middle East, it says at Radio Free Europe's positive 5 questions.
According to Dervisol, in this situation it cannot be accurately predicted in which sectors prices will rise in Kosovo as the chain of rising prices globally.
She emphasises that rising prices of products in Kosovo will largely be affected as a cause of increased spending on freight, writes REL, broadcasts Periscope.
With Hormuz Strait closed, transport companies will be forced to find other routes to transport goods, which cost more and take a further”.
According to her, Kosovo's entire supply of goods depends on foreign companies' transport.
However, she considers that, in this situation, the state should increase inspection and monitor market price changes to prevent misappropriations. /Periscope
