The European Commission is ready to extend the agreements with Moldova and Ukraine on liberalization of road freight transport until end-2025.
As noted in the message of the European Commission, the initial agreements were signed in June 2022, and later extended until the end of June 2024. The documents grant bilateral transportation rights on each other's territory to Moldovan, Ukrainian and EU carriers. Given the disruption or closure of traditional transportation routes in the region due to the war in Ukraine and the inaccessibility of the Black Sea as a traditional trade route for the two countries, the extension of the agreements until at least the end of 2025 will help secure supply chains. As the European Commission noted, the agreements with Moldova and Ukraine on liberalization of road freight transport have positive implications for both the EU and for Moldova and Ukraine, allowing for a significant increase in exports to each other's markets. The agreements have also played a key role in supporting solidarity corridors. "The interim transport agreements with Ukraine and Moldova have helped the exports and imports of these two countries after they lost important transportation routes due to Russia's war of aggression against Ukraine. Proposals to extend the agreements with Moldova and Ukraine to liberalize road freight transport by road until the end of 2025 are now before the EU Council, which is expected to give the European Commission a mandate to negotiate with Moldova and Ukraine. As soon as the EU Council provides the European Commission with these mandates, the EC will officially start working with the partner countries to secure their consent," the European Commission said in a statement. // 06.04.2024 - InfoMarket
