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The Ministry of Agriculture is in favor of expanding the activities of the Romanian Commodity Exchange in Moldova and creating a platform for trading agricultural products.

The Ministry of Agriculture is in favor of expanding the activities of the Romanian Commodity Exchange in Moldova and creating a platform for trading agricultural products.

This was stated by Deputy Prime Minister, Minister of Agriculture and Food Industry Vladimir Bolea at a meeting in Bucharest with President of the Romanian Commodity Exchange Gabriel Purice. The Romanian Commodity Exchange is the oldest private operator of centralized commodity marketplaces in Romania. The topic of the discussions of the parties was the expansion of the Romanian Commodity Exchange's activities in Moldova, in the segment of agricultural products, in order to ensure the formation and strengthening of a competitive market. The role of the Romanian Commodity Exchange is to stabilize the prices of goods and raw materials during periods of fluctuation, ensuring a balance between supply and demand. BRM publishes information about market participants and trading volumes, as well as the prices at which many types of goods are sold and bought, including agricultural products. As previously reported, the first discussions on expanding the activities of the Romanian Commodity Exchange in Moldova and creating a platform for trading agricultural products were initiated earlier this week by the Ministry of Agriculture and Food Industry with representatives of the Romanian Embassy in Moldova and with the Romanian Commodity Exchange's Executive Director Ion Lupulescu. // 19.05.2023 - InfoMarket.

News on the subject

Moldova exported 458.9 thousand tons of wheat in the 2022-2023 season and imported - 3.2 times less - 142.9 thousand tons.
Moldova exported 458.9 thousand tons of wheat in the 2022-2023 season and imported - 3.2 times less - 142.9 thousand tons.
Moldova will not yet limit imports of grain and oilseeds from Ukraine, but will introduce stricter monitoring of their supplies.
Moldova will not yet limit imports of grain and oilseeds from Ukraine, but will introduce stricter monitoring of their supplies.
The Ministry of Agriculture of Moldova held the last discussions with the WB to sign an agreement on a loan for the AGGRI project in the amount of $55 million.
The Ministry of Agriculture of Moldova held the last discussions with the WB to sign an agreement on a loan for the AGGRI project in the amount of $55 million.
Farmers who provide soil conservation and improvement can receive post-investment grants of up to $10,000.
Farmers who provide soil conservation and improvement can receive post-investment grants of up to $10,000.
Moldovan winemakers can benefit from Bridge grants to participate in international events.
Moldovan winemakers can benefit from Bridge grants to participate in international events.
AIPA paid more than 185 million lei in the form of subsidies in March, and in general, since the beginning of 2023 - about 335 million lei.
AIPA paid more than 185 million lei in the form of subsidies in March, and in general, since the beginning of 2023 - about 335 million lei.