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Flad Filat invites Romanian investors to Moldova

16 November 2009


“Come to Moldova. I assure you that we will administer the Romanian investments with great care.” This was the message that Moldova’s Prime Minister Vlad Filat addressed to Romanian businessmen during a meeting at the Chamber of Trade and Industry of Romania.

"Things in Moldova returned to normality and now we are ready to continue the efforts on the path to European integration,” Vlad Filat said. “We have an ambitious government program, planned a lot of reforms and need your support in this. Moldova’s integration into the EU depends on your support.” According to the Premier, Romania ranks second by the volume of investments in Moldova. It was outrun by Russia after the Moldovan authorities introduced a visa regime for Romanian travelers. Moldova’s imports this year totaled 48 million euros, while imports 8 million euros.

Sorin Dimitriu, chairman of the Chamber of Trade and Industry of Bucharest municipality and vice chairman of the Chamber of Trade and Industry of Romania, made two cooperation proposals. The first was to stage an exhibition of Romanian products in Moldova next spring, while the second – to promote the opportunities and concessions offered by the Romanian investors. “The Romanian investments in Moldova add up to only 2.5 million euros. Moldova must become a priority for the Romanian investors,” said Dimitriu. The businesspeople also formulated proposals and even suggestions. Razvan Nicolaiescu, corporate public affairs director of Petrom SA, said Petrom will invest 15 million euros in Moldova during the next five years.

“The volume of investments could be larger if the Moldovan legislation was aligned with the European free market standards. You should sign the energy treaty with the EU, stabilize the rate of inflation and the national currency, allow the commercial banks to be more open and implement the law on foreign investments.” The deputy director general of Lukoil Anatol Arapu said the investments flow in the smoothest direction. “The removal of bureaucratic barriers at the customs will lead to lower cost prices and will facilitate investments.”

 

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