Under the existing preferential regime, domestic producers will be able to import, free of duty or with reduced customs duty, raw materials and components from Ukraine for manufacturing in Moldova and subsequent exporting of the end product to EU Member States, accompanied by certificates of Moldovan origin.
The preferential regime has been provided for in the Protocol on the Amendment of the Free Trade Agreement between the cabinets of Moldova and Ukraine. The document was signed at the end of last week by Prime Ministers Natalia Gavrilița and Denys Shmyhal.
"This protocol reconfirms the willingness of the two countries to mutually contribute to the development of bilateral trade-economic relations. The document will facilitate investment and encourage the business environment to take full advantage of the existing trade regime with the EU", Prime Minister Natalia Gavrilița was quoted as saying in a cabinet press release.
