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Representatives of the EBRD Board of Directors are on a 3-day visit to Moldova to confirm support for reforms and new projects.

Representatives of the EBRD Board of Directors are on a 3-day visit to Moldova to confirm support for reforms and new projects.

As noted in the message of the European Bank for Reconstruction and Development, this visit comes 2 years after the virtual visit that took place during the Covid-19 pandemic in 2021. The current visit, which takes place from June 19 to 21, is their first visit to our country in physical format since 2017. The EBRD, as Moldova’s largest institutional investor, is committed to supporting the government in pushing ahead with reforms, which currently focus on banking sector transparency, improving the business environment and improving energy security in the candidate country accession to the EU together with neighboring Ukraine. The Bank plays a key role in Moldova's private sector development through project financing and advice, as well as active policy dialogue. Following a visit on Monday to Giurgiulesti Port, the only river-sea port in Moldova, whose operator Danube Logistics has been owned by the EBRD since 2021, and Gitana Winery, an EBRD client, representatives of the EBRD Council will meet with Moldovan Prime Minister Dorin Recean, Deputy Prime Minister, Minister of Economic Development and Digitalization, EBRD Manager in Moldova Dumitru Alaiba, Deputy Prime Minister, Minister of Foreign Affairs and European Integration Nicu Popescu, Minister of Energy Victor Parlicov, Minister of Justice Veronica Mihailov-Moraru, Secretary of State of the Ministry of Infrastructure and Regional Development Angela Turcanu, Secretary of State of the Ministry of Finance Ion Gumene and President of the National Bank of Moldova Octavian Armasu. Before leaving Chisinau on Wednesday morning, EBRD Board members will also discuss country development issues with representatives of key Moldovan financial institutions, international financial institutions, as well as diplomats and civil society organizations. The EBRD has invested more than €2 billion in total in Moldova through 163 projects. Its record investment in the country in 2022 amounted to 524.8 million euros and supported the Moldovan economy from the shocks caused by the war in Ukraine, and was 5 times the EBRD's average annual investment in Moldova.// 19.06.2023 - InfoMarket.

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