Vladimir Bolea: The Republic of Moldova will open an embassy in New Delhi

Fruits from the Republic of Moldova, but also vegetable oils are the products that could end up in India. The market in this country is promising, said the Minister of Agriculture and Industry, Vladimir Bolea, in a press conference. Also, the official announced that the Republic of Moldova will open an embassy in New Delhi by the end of this year to develop economic relations between the two countries.

Seven agricultural products from Moldova will be able to be exported to the UK without import duties

The United Kingdom has eliminated all import duties and tariff quotas for seven agricultural products originating in the Republic of Moldova, according to a press release from the British Embassy in Chisinau. This will allow Moldovan companies to increase their exports of products such as tomatoes, garlic, table grapes, apples, plums, grape juice and cherries.

UNDP will implement a new project worth one million dollars in the Republic of Moldova

The United Nations Development Program (UNDP) will implement a new project worth one million dollars in the Republic of Moldova. Thus, key reforms in the field of energy and digital transformation will be implemented.

The energy sector of the Republic of Moldova will be supported by a grant worth 220 million dollars from the US

The government of the United States of America will additionally grant the Republic of Moldova a grant worth 220 million dollars for the implementation of investment projects in the energy sector. The draft law on the ratification of this agreement was voted in the second reading by 56 deputies.

Energocom will buy gas from European companies

Energocom continues preparation for the cold season. The company signed gas supply contracts with three European companies, following tenders. Two of these will deliver natural gas to Energocom for the first time.

President of the EBRD is coming to the Republic of Moldova

The president of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, is coming to the Republic of Moldova next week. She will be accompanied by the EBRD's Managing Director for Eastern Europe and the Caucasus, Matteo Patrone. They have scheduled meetings with the authorities of the Republic of Moldova, businessmen, representatives of financial organizations and civil society.

The gas market in the Republic of Moldova has been liberalised

Consumers in the Republic of Moldova will be able to choose their gas supplier. Parliament voted in final reading on a draft law aimed at ensuring the unbundling and certification of gas transmission operators.

Switzerland will provide additional support for the programs and projects implemented in the Republic of Moldova

Switzerland will provide additional support for the programs and projects implemented in the Republic of Moldova. Part of the assistance will be used to support the state budget through the World Bank, said Prime Minister Dorin Recean, after the meeting with the director of the Swiss Cooperation Office in Chisinau, Guido Beltrani, reads a press service of the Executive.

Analysis: the Republic of Moldova exports less and imports more compared to the same period last year

We exported less, but imported more. In the first five months of this year, the total value of domestic products that went abroad reached $1.7 billion, which is eight percent less compared to the same period last year. At the same time, imports increased by 3.5 percent to $3.7 billion. The European Union remains Moldova's main trading partner.

Memorandum of collaboration with the French Development Agency: Several projects will be implemented

The energy sector is very important for the Republic of Moldova, that's why external partners offer financial support to our country. Recently, the French Development Agency and the ministries of Energy, Finance, Environment and Labor and Social Protection of the Republic of Moldova signed a memorandum of collaboration, with several projects to be implemented.

Producers from the Republic of Moldova will be able to export their agricultural production to the EU tax-free for another year

For one more year, our producers will export plums, grapes and other Moldovan agricultural products to the big European market, without taxes and quantitative restrictions. A decision to this effect was voted by the European Parliament.

The EU has launched Phase III of the EU4Business Facility. SMEs in the Republic of Moldova will benefit from support

The European Union has launched the third phase of the EU4Business Facility, which aims to support the sustainable economic growth of small and medium-sized enterprises (SMEs) in Armenia, Azerbaijan, Georgia, the Republic of Moldova and Ukraine.