Japanese companies encouraged to start businesses in Moldova

Moldova reiterates its interest in developing efficient cooperation relations with Japan in areas of common interest, especially by exchanging know-how and attracting investments. The Japanese investors can find in Moldova attractive platforms for developing businesses for the export of products, including to the EU, Deputy Minister of Economy Vitalie Iurcu said in an investment forum organized by the Ministry of Economy and Moldova’s Embassy in Bucharest, in cooperation with the commercial section of the Embassy of Japan in Romania, IPN reports.

According to the Ministry of Economy’s press service, the forum entitled “Day of investment and business opportunities in the Republic of Moldova” intended for Japanese companies that work in Romania involved about 13 companies. These operate in such areas as infrastructure development, telecommunications, financial-banking sector, legal consultancy, building, IT, energy efficiency, production of industrial equipment, etc.

Vitalie Iurcu presented the policies concerning the business environment, the progress made in adjusting the national legislation to the Community acquis and the results achieved in implementing the Deep and Comprehensive Free Trade Agreement with the EU, encouraging the Japanese entrepreneurs to start businesses in Moldova. He noted that the opening of embassies in Tokyo and Chisinau is an important element that will stimulate high-level contacts and the agenda of commercial-economic cooperation.

Moldova and Japan have so far signed 37 agreements. Most of these refer to the provision of financial and technical assistance to Moldova. Six more bilateral agreements are under examination.

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