European Parliament approved decision to extend liberalization of trade with Moldova for year

The European Parliament by a majority vote approved the decision to extend for a year to liberalize trade between the European Union and the Republic of Moldova, Moldipres reports.

In particular, the export of seven categories of agricultural products from Moldova – tomatoes, garlic, dining grape, apples, cherries, plums and grape juice – will still be completely liberalized, without tariff restrictions.

“We, the European Parliament, show that they are again united in the rapid approval of all forms of support for the Republic of Moldova,” said the deputy of the European Parliament Siegfried Mureshan.

He recalled that the European Parliament made the first decision on the liberalization of trade with Moldova two years ago in order to accelerate European integration of the country and reduce the consequences of the war, begun by Russia in Ukraine, for Moldovan manufacturers and exporters.

“We see that the Republic of Moldova is more and more integrated into the European Union,” said Murehan.

According to him, many products from the Republic of Moldova, especially fruits and vegetables, are valued in the markets of the entire European Union, and the decision to extend liberalization is beneficial for both the Republic of Moldova and the European market.

Deputy Prime Minister, Minister of Economic Development and Digitalization of Dumitru Alaib called the decision made by the European Parliament by another evidence of the constant support of the EU of our country.

“This is a huge opportunity for our entrepreneurs. In 2023, more than 65 percent of our exports will have to be on the EU,” the Deputy Prime Minister said.

The current export regime entered into force on July 25, 2022 and expires on July 24, 2024.