Representatives of a group of companies from China and the administration of a Chinese industrial park came to Moldova to find out information about the investment opportunities in the country. In a meeting of Deputy Minister of Economy Vitalie Iurcu and the Chinese delegation, the sides discussed the investment possibilities in Moldova, particularly in the industrial and agricultural sectors, IPN reports.

The Ministry of Economy said the Chinese delegation came to Chisinau on a fact-finding visit and is to meet with representatives of the authorities and a number of wine companies. According to Vitalie Iurcu, the Government is interested in attracting investments and in facilitating the cooperation relations in the investment sector. The official presented instruments for attracting investments and the tax and customs concessions provided by the Free Economic Zones of Moldova and the Free Trade Area with the EU.

On the other hand, the representatives of the Chinese companies said that this visit enables them to lean about the investment opportunities in Moldova and the appropriate development areas on the spot and to identify potential partners, developing thus the commercial relations between the two states.

Moldova’s trade with China (without the Transnistrian region) in January – August 2015 came to over US$237 million, a decrease of 21.21% compared with the corresponding period last year. The balance of trade in the period was in favor of China and was US$228 million.