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Monetary Matters

Black Sea nations struggle with rising tide of trade

By MARIA L.C. BERTRAM

Total waterborne trade moving through the Black Sea rose 10 percent per year during the last three years.

From the Quarter 04 2007 issue

Seaborne trade in the Black Sea has seen an impressive surge in recent years. That increase has been driven mostly by growth in domestic demand and industrial production, gradually improving hinterland connections, and increasing congestion at Baltic Sea ports to the north....

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