Commissioner Malmström travels to Moldova
Trade Commissioner Cecilia Malmström isin Moldova today and tomorrow, to take stock of the progress in trade relations since the Deep and Comprehensive Free Trade Area (DCFTA) became effective three years ago. During the visit, the Commissioner will discuss successes and challenges faced so far in the implementation of the trade agreement, meeting with President of Moldova Igor Dodon, Prime Minister Pavel Filip, Deputy Prime Minister and Minister for the Economy Octavian Calmîc, Mr Andrian Candu, President of the Moldavian Parliament, as well as business support organisations and representatives of civil society. The Commissioner will also visit the premises of Monicol, a company which, thanks to the free trade area, has boosted its exports of fruits and nuts to the EU and created more jobs. The EU accounts for 66% of Moldova’s exports and nearly half of its imports. Moldovan exports to the EU have increased by over 15% since the free trade area has been put in place in 2014, supporting jobs and growth in the country. For producers of juices and preserved fruit and vegetables, the DCFTA has boosted exports by up to 25%. For Moldovan wine, exports to the EU have almost doubled. Meanwhile, EU exports to Moldova have stabilised as the country’s financial situation has improved. Footage and press material related to Commissioner Malmström’s visit will be made available here.