The start of the EU accession process opens new investment opportunities in Moldova - Anca Dragu
This was stated by the Governor of the National Bank of Moldova (NBM) during the conference “Finance, Banks and Insurance” held in Bucharest on Thursday. Anca Dragu said that the adjustment of the national financial system to the European standards gives investors the possibility to develop business in Moldova on the basis of rules similar to those in force in the EU. As a special guest, the NBM Governor spoke about the National Bank's role in the process of Moldova's preparation for EU accession, the obligations to apply and transpose the main European directives, the opportunities that Moldova offers to the business environment, as well as the use of artificial intelligence in many fields. “Harmonization with the EU legislation will gain momentum in the coming period, given that Moldova, a candidate country for EU accession, has initiated accession negotiations in June 2024 and is currently involved in an extensive dialogue with the European Commission (screening) on the level of preparation for EU accession,” Anca Dragu said. In this context, the NBM Head said that Moldova offers a number of opportunities for the business environment. The most important ones are macroeconomic stability, integration into SEPA and the development of the capital market, which will facilitate cross-border financial operations and investments. “The advantage for investors is the proximity to the European market, developed trade relations and macroeconomic stability,” the Governor of the National Bank said. She also mentioned financial education, which is a component of the financial inclusion strategy. “Through our national campaigns or financial education camps, we aim to offer young people all the necessary tools to become financially responsible citizens and professionals,” Anca Dragu emphasized. The conference gathered in Bucharest representatives of the Romanian National Bank, the Financial Supervisory Authority, the National Authority for Prevention and Combating Money Laundering, the Deposit Guarantee Fund, university professors and former finance ministers. // 17.10.2024 - InfoMarket.
