Moldova “compared notes” with the EAEU

_ EEC. Moscow, 3 December 2017.

The prospects for further movement towards each other and restoring the full-fledged trade and economic relations between the Member States of the Eurasian Economic Union (EAEU) and the Republic of Moldova were the main topic of discussion at the 2nd session of the joint working group on cooperation between the Eurasian Economic Commission (EEC) and Moldova.

The event was attended by representatives of the Moldovan business, members of the Economic Council under the President of Moldova, Extraordinary and Plenipotentiary ambassadors of the EAEU Member States in Moldova, representatives of Rosselkhoznadzor, Federal Customs Service of the Russian Federation, and the EEC.

The session was opened by the President of the Republic of Moldova Igor Dodon, who noted the growth of Moldovan exports to all EAEU Member States and expressed his gratitude to the EEC for the constant and systematic support of the policy focused on intensification of trade and economic cooperation. “The EAEU Member States are a vital market and the main export channel for Moldova. I welcome today’s session of our working group and hope that the next year will be full of even more fruitful contacts,” said Mr. Dodon.

Member of the Board — Minister in charge of Integration and Macroeconomics of the EEC Tatiana Valovaya also positively described the current stage of the Eurasian-Moldovan dialogue and commended the efforts of the President of Moldova aimed at restoring the mutually beneficial relations. In her assessment of the EAEU performance in 2017, the EEC Minister emphasized three key points, i.e. launch of the common pharmaceutical market of the Union, the draft Customs Code which is planned to enter into force from 1 January 2018, and the support of the EAEU Presidents of the course aimed at development of the digital economy and establishment of a common digital agenda of the Union.

Tatiana Valovaya shared information on the macroeconomic indicators of the Union showing that all EAEU Member States have already overcome the economic downturn and are currently on the upward curve. January-September this year demonstrated an increase of mutual trade by 27%, foreign trade – by 25%, increase in industrial production – 2.5%, increase of the production output of agriculture by 3.2%. What is more, the positive trend is observed for each EAEU Member State, and an increase in the share of mutual trade has become traditional. “All this is the fruit of integration that support the development of our economies and confirms the correctness of the choice made. We welcome Moldova’s interest in the mutually beneficial cooperation with the Member States of the Eurasian Economic Union. We have especially good relations with CIS countries. The President of Moldova has already participated twice in the sessions of the Supreme Eurasian Economic Council, and we would be happy to see our counterparts among the government structures, national ministries and departments of the Republic,” said the EEC Minister.

The EEC representatives made presentations on the results of elaborating the list of issues and proposals of the Moldovan Part received during the 1st session of the working group, as well as made specific proposals on the ways to move forward towards each other and answered the questions of Moldovan entrepreneurs and business associations.


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