After a nighttime incident in Podgorica, where a group of Turkish citizens stabbed a local resident during a conflict, the government of Milojko Spajić announced a temporary suspension of the visa-free regime for Turkish citizens—a political signal that security and entry controls take priority over previous openness (visa-free travel had been in place since 2008). The decision was confirmed by leading international media and government sources, which record both the incident itself and the authorities’ response formula—“a temporary pause + a rules review,” with the prospect of further consultations with Ankara on a new visa regime.
According to police reports, after a weekend marked by tension in the capital, several dozen foreigners—primarily citizens of Türkiye and Azerbaijan—were detained; President Jakov Milatović publicly called for calm and condemned retaliatory attacks on Turkish citizens and their property. This set of actions—stepped-up patrols, selective checks of legal stay, and preventive detentions—aligns with the logic of a “rapid stabilization” of order following stabbing incidents.
The socio-political backdrop has sharpened: anti-Turkish slogans were heard on the streets of Podgorica, and acts of vandalism were recorded—in particular, a business owned by a Turkish citizen in the city center was trashed, and a Turkish owner’s car was set on fire. These episodes heighten the risk of “collective responsibility,” when a single criminal offense triggers a chain of xenophobic reactions that harm people’s safety and the business climate.
The interstate dimension is developing in parallel: Türkiye’s foreign ministry promptly reached out to the Montenegrin prime minister and security officials, insisting on guarantees of rights and protection for Turkish citizens; Podgorica, for its part, declares “intensive consultations” with Ankara to find a model that combines public safety with continued economic interaction. This means that the “pause” in visa-free travel is not only a punitive gesture but also an instrument for reformatting access rules: new forms of short-term visas, mandatory registration procedures, or higher criteria for business visitors are possible.
The economic projection of the situation is ambiguous. Turkish business in Montenegro is a notable player in trade, hospitality, and real estate, especially along the Adriatic coast; rolling back visa-free travel will almost certainly reduce the mobility of entrepreneurs and workers, complicate seasonal planning, and slow transactional processes. Estimates of the size of the Turkish community vary: a number of sources cite roughly 13.3 thousand officially resident Turkish citizens (which is higher than the 2–3 thousand estimates mentioned in some materials), and for this group a clear, predictable procedure for extending stays and conducting business is crucial to avoid an outflow of investment and a “cooling” of employment in tourism and services.
At the domestic political level, the authorities’ decision serves several functions at once: it demonstrates control and sensitivity to the demand for security; cuts off the argument about “open gates” for offenders; and simultaneously mitigates reputational risks vis-à-vis the EU, with which Montenegro is negotiating membership, by aligning migration regimes and public-order standards with European practice. However, excessive “toughness” without simultaneously restraining xenophobia may provoke an escalation of ethnic tension and inflict long-term damage on the country’s investment image—this is precisely why the president’s message about the inadmissibility of attacks on Turks is a systemically important marker of balance.
From this follow the near-term scenarios. The first is “controlled thawing”: after stabilization and de-escalation of violence, and after technical parameters are agreed with Ankara, Podgorica restores simplified entry in an updated format (for example, through mandatory declarations of travel purpose or expedited category-based visas for investors and workers). The second is a “long pause”: the visa regime becomes entrenched, criteria for verifying the very purpose of entry and the legality of stay grow stricter, and Turkish companies’ business processes become costlier and slower, with a risk of investment being reallocated to neighboring jurisdictions. The third is “social turbulence”: if law-enforcement response to anti-Turkish pogroms is unsystematic, public sentiment will radicalize, and even a properly calibrated visa filter will not compensate for the loss of investor and tourist confidence. At present, government communications—about consultations with Türkiye and safeguarding public order—indicate that the bet is on the first, compromise path.
In summary, Montenegro’s decision to suspend visa-free travel is a system-level “alarm signal”: the authorities are simultaneously extinguishing a situational security crisis and trying to revise the architecture of migration procedures according to standards of control and predictability. However, the sustainability of this course will be determined not only by the strictness of border filters, but also by the state’s ability to protect lawful residents and entrepreneurs from collective punishment, hold perpetrators accountable, and preserve channels of economic cooperation with Türkiye—a partner that is already demanding security guarantees for its citizens and is ready to negotiate new rules of the game.
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Turkish chain English Home, which sells home goods and decor, is ending its operations in Ukraine and beginning the process of transferring its retail spaces to a local franchise partner. The reasons for this are a decline in the number of customers, falling sales, and high rental costs, according to NV Business.
According to the publication, the chain’s main target audience was women aged 20-40 with children, and with the start of the war, a significant part of this group left the country, which led to a decline in demand. At the same time, the operating company in Ukraine, EHM Ukraine LLC, managed to show revenue of UAH 281.6 million in 2024, which is 4.1% less than in 2023. At the same time, the annual loss reached UAH 43.1 million, which is 47.5% more than in the previous year.
One factor complicating business operations is that the British brand’s stores are located primarily in premium shopping centers, where rental rates remain high and are not offset by the decline in customer traffic. As noted by Yavuz Bekar, Director of International Sales at English Home, “our business operations in Ukraine were not profitable.”
English Home was founded in Turkey in 2008 and is managed by Turgut Aydın Holding. The brand offers collections of British-style home textiles and decor in pastel and muted shades. As of October 2020, there were 33 retail outlets in Ukraine.
Turkish electric car manufacturer TOGG (Türkiye’nin Otomobili Girişim Grubu) has announced its entry into European markets and the introduction of new digital solutions, including the option to pay for cars with cryptocurrency, according to Autogeek.
According to the report, the company plans to open its first showrooms in Germany, the Netherlands, and Switzerland in 2025, as well as begin sales in other EU markets.
TOGG has already introduced the T10X electric crossover in Europe, which will be the brand’s first mass-produced export vehicle.
Buyers will have access to the innovative digital platform “Trumore,” through which they can place an order, select a configuration, and pay for their purchase — including using cryptocurrency or tokens issued within the TOGG ecosystem.
According to the company’s management, the integration of blockchain payments reflects its digitalization strategy and opens up new opportunities for users by combining electric mobility, fintech, and smart infrastructure.
“We are not just building a car, but a digital ecosystem where transportation, communications, and finance are combined into a single platform,” said TOGG CEO Gürcan Karakaş.
The company already produces electric vehicles at its plant in Gemlik (Bursa province). Production capacity is designed for 175,000 cars per year, with plans to increase this to 1 million units by 2035.
TOGG sees its entry into Europe as a strategic step towards promoting Turkish technology and integrating into the EU market.
In terms of total trade volume, Ukraine cooperates most closely with China, Poland, and Germany. These countries form the basis of the state’s foreign economic relations, exerting a critical influence on imports and exports.
China remains the leader with a total trade volume of $8.99 billion. Poland ranks second with $6.04 billion, while Germany and Turkey are almost equal with $4.28 billion and $4.25 billion, respectively. The United States ranks fifth with $2.86 billion.

The top 10 also includes Italy ($2.38 billion), the Czech Republic ($1.64 billion), Bulgaria ($1.54 billion), Hungary ($1.53 billion), and Romania ($1.50 billion).
“The top ten partners form the basis of Ukraine’s foreign trade balance. China and the EU countries account for the largest volumes of trade, but it is important to take into account the significant negative balance in relations with these countries,” said Maksim Urakin, founder of Experts Club and economist.
He added that although the large volume of trade indicates Ukraine’s integration into global supply chains, dependence on imports from China and Europe creates strategic risks.
“Poland and Germany are key hubs for Ukrainian exports, but at the same time they are significant sources of imports. Therefore, it is critically important to balance trade flows, preserving positive sectors such as agriculture and metallurgy, and reducing dependence on critical imports,” Urakin noted.
BULGARIA, CHINA, CZECH REPUBLIC, ECONOMY, EXPERTS CLUB, FOREIGN TRADE, GERMANY, HUNGARY, ITALY, POLAND, ROMANIA, TURKEY, UKRAINE, USA, МАКСИМ УРАКИН
China remains the undisputed leader among Ukraine’s trading partners in terms of import volume. In the first six months of 2025, Ukraine imported Chinese goods worth US$8.15 billion. This is more than twice the figures for Poland ($3.58 billion) and Germany ($3.18 billion), which ranked second and third, respectively.
High import volumes were also recorded from Turkey ($2.53 billion) and the United States ($2.31 billion). Italy, the Czech Republic, Slovakia, Bulgaria, and France round out the top ten key suppliers with volumes ranging from $1.2 billion to $979 million.

“The formation of such an import structure indicates Ukraine’s excessive dependence on Chinese goods, especially in the electronics, technology, and industrial products segments. Such an imbalance poses risks to economic stability, as any political or logistical restrictions will immediately affect the domestic market,” emphasized Maksim Urakin, founder of Experts Club and economist.
At the same time, experts point to the diversification of supplies from European Union countries. Poland, Germany, Italy, and France together account for more than $8.5 billion in imports, forming a significant segment of the domestic consumer and industrial market.
Economists predict that, provided the hryvnia exchange rate remains stable and import flows continue at current levels, the trade deficit with China will continue to grow. This will require an adjustment of state trade policy towards stimulating domestic production and searching for alternative markets.
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According to the results of the first half of 2025, Poland remains Ukraine’s main trading partner in terms of export volumes. According to research by Active Group and Experts Club, exports to Poland amounted to US$2.45 billion.
Turkey ranks second with USD 1.71 billion, and Italy ranks third with USD 1.17 billion. Other major partners include: Germany ($1.09 billion), Spain ($976 million), the Netherlands ($919 million), China ($847 million), Egypt ($776 million), Romania ($679 million), and Hungary ($652 million).

“The structure of Ukraine’s exports shows a clear focus on European Union countries. Poland, Italy, Germany, Spain, and the Netherlands together account for more than half of total exports. This indicates Ukraine’s strategic integration into the European economic space,” emphasized Maksim Urakin, founder of Experts Club and economist.
He also noted that Turkey remains a critically important partner for Ukrainian agricultural and metallurgical exports, while China and Egypt are key markets for agricultural products, particularly grains.
“The presence of trading partners such as Egypt and China diversifies Ukrainian exports,” Urakin added.
CHINA, ECONOMY, EGYPT, EXPERTS CLUB, EXPORTS, GERMANY, HUNGARY, ITALY, POLAND, ROMANIA, TRADE, TURKEY, UKRAINE, МАКСИМ УРАКИН