EU market access could boost Moldovan economy
Access to the European market for Moldovan products could attract private investment in the country's agro-industrial sector, according to European Parliament member Dacian Cioloș.
In an interview for Radio Moldova, Cioloș said that this would also mean an important step towards the independence of Moldovan producers from the unstable Eastern markets.
"Access to the European market for Moldovan products would stimulate private investment in agriculture and the food market in Moldova," Cioloș said. "It would mean that these products meet the quality and food safety standards set by European legislation, and therefore would mean better prices for these products, a higher added value for these products, which would also be reflected in the revenues of companies that export to the European market, and the revenues of farmers who produce products that would be exported to the European Union."
Cioloș's comments came after Moldova signed an association agreement to participate in the EU Single Market Program on September 8.
By joining the program, Moldova has taken another step towards the European Single Market. The program is designed to prepare both the private sector and state institutions for European rules and standards, providing a more coherent and agile financing framework to strengthen the capacities to access the European Single Market.
Translation by Iurie Tataru
