EU IS MAIN SOURCE OF INVESTMENTS IN MOLDOVA - OCTAVIAN CALMIC

The European Union is the main supplier of direct foreign investments to Moldova, for which 53.4% of their volume accounts, said Deputy Premier, Minister of Economy Octavian Calmic, speaking at the EURONEST Parliamentary Assembly meeting in Chisinau.

Talking about the implementation of the Deep and Comprehensive Free Trade Agreement (DCFTA) in Moldova, he said that the number of Moldovan exporters to the EU reached 1360, which is 60% from the total number of enterprises, engaged in external trade. The trade covers 2 thousand tariff items.

"Moldova adopted more than 14 thousand European/international standards, canceling more than 10 thousand outdated national norms. A new law on government procurement according to the European model was adopted, the policy in entrepreneurship and industry was improved. Laws on electricity and natural gas were adopted; importing prices on gas and electricity was lowered by approximately 28%, which contributed to further lowering of tariffs for average consumers. Besides, high-ranked coordination groups for energy market and energy systems' interconnection were created", deputy premier said.

According to him, the Government makes efforts for ensuring a better access to the Moldovan market, removing import and export duties as well as other barriers to trade.

According to the press release, EURONEST representatives appreciated the results achieved due to the DCFTA and expressed interest in exporting Moldovan goods to European sales markets and in new preferential possibilities of trade for investments to Moldova.