Iurie Leanca urges U.S. businessmen to invest in Moldova

Prime Minister Iurie Leanca called on the U.S. businessmen to invest in the Moldovan economy. He made the call in the United States - Moldova Business Forum that was held at the Chamber of Commerce in Washington, IPN reports, quoting a communiqué from the Government’s press service.

In his speech, the Moldovan official said that Moldova has unexploited economic potential. He spoke about the reforms done to improve the business climate and the prospects offered by the creation of the Free Trade Area with the EU.

The Premier said that though the people perceive the Republic of Moldova as an agrarian country, the state also develops other sectors with investors’ assistance. Three of the largest ten exporters of Moldova are companies that produce spare parts for vehicles. One of them is a U.S. company.

While in the United States, Iurie Leanca met wit the Chief Executive Officer of the Millennium Challenge Corporation Daniel Yohannes, with whom he discussed the implementation of the Compact in Moldova, which is financed by the U.S. Government. The officials examined the possibility of including Moldova in the list of countries eligible for the second Compact.

Daniel Yohannes underlined that the eligibility degree of the applicants depends on the dynamics of the country’s performance. The list of indicators is reviewed annually and the updated variant is made public in November every year.

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