The Republic of Moldova can hold interest for Russian businesses as it signed free trade agreements both with the CIS states and with the European Union (DCFTA) and also with Turkey, while the favorable geographic positon of Moldova between Europe and Russia make it attractive for developing businesses in the region, said President Igor Dodon, who is taking part in the St Petersburg International Economic Forum, IPN reports.
“The taxes for business entities in Moldova are almost equal to those in Russia, while the resident companies of the seven free economic zones enjoy a number of advantages. Furthermore, the businesspeople in Moldova speak Russian fluently and know the specific features of business organization in the post-Soviet area,” President Dodon said in a meeting with representatives of the Russian business community.
According to Igor Dodon, the Russian Federation is one of the largest trading partners of Moldova and the commercial-economic potential exiting between the two states hasn’t been fully realized. The President spoke not only about trade, but also about the creation of joint companies, transfer of technology and projects in infrastructure, transport, logistics and other areas.
President Dodon invited the Russian businesspeople to the Moldovan-Russian Economic Forum that will take place in Chisinau on September 20-22. The forum is expected to bring together several hundred businesspeople and this, according to the President, will enable the investors to familiarize themselves with the situation in Moldova and to sign advantageous investment contracts.
