Moldova continues to increase trade with the European Union, its exports to the EU in 2018 exceeded $ 1.86 billion, accounting for almost 70% of the total - Chiril Gaburici.

Moldova continues to increase trade with the European Union, its exports to the EU in 2018 exceeded $ 1.86 billion, accounting for almost 70% of the total - Chiril Gaburici.

The Minister of Economy and Infrastructure of Moldova said this, speaking at the second meeting of trade ministers of the Eastern Partnership countries held in Kiev. During the event, an assessment was made of the implementation of the provisions of the Deep and Comprehensive Free Trade Area (DCFTA) agreements between the European Union and the Eastern Partnership countries in the field of economic development and business environment. There were also presented success stories of Moldovan, Ukrainian and Georgian companies that operate and export products to the EU market. In his speech, Chiril Gaburici spoke about the achievements and problems related to the implementation of the DCFTA agreements, noting that Moldova has made significant progress since the last ministerial meeting in the field of customs, sanitary and phytosanitary measures and public procurement. “I am pleased to note that the volume of trade between the countries of the DCFTA and the EU is steadily increasing. These results were made possible by measures taken by the authorities to eliminate technical barriers to trade, ”he said. Regarding the export potential of countries from the DCFTA zone, Chiril Gaburici said that, thanks to the implementation of the Association Agreement, Moldovan exports to the European Union in 2018 reached 70% of the total volume and continue to increase, exceeding last year $ 1.86 billion. “This demonstrates the strengthening of trade relations in the framework of the Eastern Partnership region and the EU, stimulating growth and creating jobs. It is extremely important to continue these reforms and fulfill the obligations stipulated by the agreements, ”he stressed. During the round table, the parties discussed the importance of creating business platforms and holding B2B forums so that companies can share their experience in the EU market. The parties also confirmed their readiness to continue joint efforts to apply Pan-Euro-Med standards in bilateral trade.// 21.05.2019 - InfoMarket.

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