Moldova in 2015 holds the presidency of the Central European Free Trade Agreement (CEFTA). Deputy Minister of Economy Octavian Calmic will chair the meeting of deputy ministers of the CEFTA member states that will take place in Brussels on February 25-28, IPN reports.
In the first meeting of deputy ministers on February 25, there will be signed the additional protocol to the CEFTA Agreement between Moldova and Macedonia, by which the export quotas on wine will be annulled. This document will allow fully liberalizing trade with the CEFTA member states.
In the meeting, Octavian Calmic will present Moldova’s agenda as president of the CEFTA in 2015. It envisions the continuation of the effort to implement the South East Europe 2020 strategy (SEE 2020), which promotes intraregional trade by reducing restrictive measures, the liberalization of regional services by negotiating and signing a relevant accord, and the signing, by this yearned, of the Framework Agreement on Trade Facilitation.
Trade between Moldova and the CEFTA member states in January – November 2014 increased compared with the same period of 2013, to US$4.3 million, while imports amounted to US$26 million.
Moldova joined the Central European Free Trade Agreement in 2007 and held the presidency of this regional organization for the first time in 2008. The presidency of the CEFTA is held by all the member states in rotation.