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In Moldova will be introduced a new $55 million AGGRI agricultural support project financed by the World Bank.

In Moldova will be introduced a new $55 million AGGRI agricultural support project financed by the World Bank.

This was discussed during a meeting held by Minister of Agriculture and Food Industry Vladimir Bolea and Head of the World Bank Office in Moldova Inguna Dobraja. According to the Ministry of Agriculture, the purpose of the meeting was to discuss the stages of the planning process for the launch of the AGGRI project, the overall goals of which are to increase competitiveness, diversify sales markets and climate resilience of the national agricultural sector. Vladimir Bolea noted that the projects of international partners are of great importance for our country, especially in the process of our country's preliminary entry into the European community. According to him, after obtaining the status of a candidate country for joining the European Union, the Moldovan authorities propose to unite efforts and accelerate the consolidation of the degree of fulfillment of political criteria in accordance with the requirements of the European Union. “At the same time, we seek to increase the potential for institutional consolidation, which is a key element in the revitalization of the agricultural sector. Measures and means are needed to accelerate reforms and improve the competitiveness of the business environment. In this sense, projects funded by international partners have had and continue to have an important impact on the development of the agricultural sector,” Vladimir Bolea emphasized. During the discussions, the Minister also drew attention to climate change, which poses one of the biggest threats to sustainable agricultural development, and reaffirmed the need for investment in the rehabilitation of irrigation systems. In this regard, Inguna Dobraja said that the Ministry of Agriculture will continue to receive assistance from the World Bank to overcome difficulties and achieve its goals. // 14.11.2022 — InfoMarket

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