Moldovan authorities are in discussions for the permanent liberalization of trade with the European Union, aiming to enhance import quotas under the existing free trade agreement, according to IPN reports. Deputy Prime Minister and Minister of Economic Development Dumitru Alaiba, alongside Agriculture Minister Ludmila Catlabuga, engaged with agro-food industry representatives to address the dynamics of EU trade.
Fruit exporters, including those dealing in plums, apples, and grapes, highlighted that eliminating trade restrictions could boost production and attract investment. Dumitru Alaiba stated, "To export more, we need to produce more. That is why we are focusing on attracting investments and increasing productivity."
The Organization for Entrepreneurship Development aids local producers through grants and internationalization initiatives, such as the 373 program. Dumitru Alaiba also indicated that state aid mechanisms and favorable tax policies are designed to promote industry investment and facilitate profit reinvestment.
Source: ipn Press Agency