logo

European Commission increases export quotas for several Moldovan products


https://www.ipn.md/index.php/en/european-commission-increases-export-quotas-for-several-moldovan-products-7966_1023274.html

The European Commission extended the preferential access to the EU market, above the volumes set in the Association Agreement, for a number of Moldovan products, mainly grains, IPN reports.

The Ministry of Agriculture and Food Industry informs the economic entities that the quota on the export of wheat, flour and agglomerates in the form of pellets to the EU was increased. There was also raised the preferential export quota on barley, flour and agglomerates in the forms of pellets and processed grain (24 tariff positions, including ethyl alcohol with alcohol content of at least 80%).

The European Commission’s consent was received following the notification of the European Union of the reaching of 80% of the set indicative quotas. The set indicative volumes can be exceeded based on the argumentation by Moldova of the existence or rise in the production and export potential.

The Association Agreement between Moldova and the EU took effect a year ago. It stipulates preferential quotas on the export of Moldovan goods to the EU. The set quotas can be reviewed periodically.