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Moldova Holds First Round Meetings On FTA With EU

by Ulrika Lomas,, Brussels

20 January 2012

European Union negotiators met with the Moldovan government on January 16, 2012, to agree a timeline to begin negotiations immediately towards a Deep and Comprehensive Free Trade Area.

At the first substantial meeting since the decision to launch negotiations was made on December 6, 2011, the two parties confirmed a schedule for 2012.

During the discussions, led by Natalia Gherman, Moldova's Deputy Minister of Foreign Affairs and European Integration, the chief negotiator of the Agreement, the two sides agreed to meeting two days later to kickstart negotiations on trade terms, in line with the timetable agreed in advance with European partners during the visit of Moldovan Prime Minister Vlad Filat to Brussels.

The decision to launch negotiations with Moldova on December 6, 2012, as well as separately with Georgia, was taken by the European Union based on recognition of Moldova's progress towards key recommendations made by the European Commission.

In June 2010, the European Commission conducted a fact-finding mission to evaluate Moldovan capacities for launching DCFTA negotiations. In October of the same year, the Commission submitted to the government a set of recommendations focused on the preparation for launching of the future DCFTA. The set of recommendations includes a list of key and additional recommendations on trade-related issues covering thirteen areas, relating to Moldova's preparedness for undertaking the negotiations.

The Moldovan government noted that the creation of a Free Trade Area with the Union would significantly contribute to strengthening and diversifying the nation's export capacity and open wider access for Moldovan products in the EU market.

TAGS: tax | business | European Commission | free trade agreement (FTA) | trade treaty | Georgia | Moldova | trade | Europe

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