Since the DCFTA started to be applied, the configuration of Moldova’s foreign trade changed, the European Union becoming the country’s main commercial partner with exports to the EU representing 70% and imports constituting 50%. The figures were presented by Minister of Economy and Infrastructure Kiril Gaburici in a meeting with EU Commissioner for Trade Cecilia Malmström in Kiev, which hosts the second informal DCFTA Ministerial Meeting during May 20-21.
According to the minister, multiple opportunities for the economic and suitable development of Moldova were created thanks to the EU. “We will continue to work in this direction and to respect the commitments,” stated Kiril Gaburici.
For her part, Cecilia Malmström said she welcomes the fact that Moldova, in its cooperation relations, identified, developed and promoted initiatives to facilitate trade. The European Union is a reliable partner ready to further provide the necessary assistance for Moldova to fully implement the Deep and Comprehensive Free Trade Agreement and to maximize the use of the country potential, ensuring thus sustainable development.
The second informal DCFTA Ministerial Meeting, held under the auspices of the EU Commissioner for Trade Cecilia Malmström, involves high-ranking officials of the Eastern Partnership countries Georgia, Ukraine and Moldova.
