The European Council extended the liberalization of trade between the European Union and the Republic of Moldova for another year, Moldipres reports.
Manufacturers from Moldova will be able to further export to the European market table grapes, tomatoes, garlic, apples, cherries, plums and grape juice without taxes and restrictions in volume.
Expanding trade liberalization is a significant opportunity for Moldovan entrepreneurs, giving them the opportunity to develop their business and promote their products in the European market, said Deputy Prime Minister, Minister of Economic Development and Digitalization of Moldova Dumitru Alaib.
The head of the department noted that from 2021 to 2023 the export of the Republic of Moldova in the EU increased significantly.
grape exports increased from 15.8 thousand tons to 32.3 thousand tons, fresh apples – from 1.0 thousand tons to 13.2 thousand tons, plums – from 25.8 thousand tons to 60 , 4 thousand tons, cherries with – 74 tons to 2.9 thousand tons, the head of the department explained.
Moreover, for some goods, export exceeds the above quotas. So, grape exports exceeded the set quotas by 62 percent, the plums increased by 300 percent, cherries – by 93 percent.
“All this is due to temporary liberalization. We can do more. Our products are valued. Thanks to the decision on temporary liberalization in 2023, our farmers carried out business for $ 89.5 million. $ 129 percent more than in 2022,” – said Alaiba.
liberalization, even temporary, helps to increase the competitiveness of agricultural export of Moldova and helps Moldavian farmers find new markets, he noted.
“While Russia introduces the embargo, the EU remains a reliable partner, opening the market more and more. Another proof of the constant support of the European Union of our country. We thank our European partners,” said Alaiba.
measures to liberalize trade will enter into force on July 25, 2024, when the validity of current liberalization measures expires.