The preferential regime for the supply of Moldovan fruit and vegetable products to the UK market has been extended until 2029

Published 2024년 5월 8일

Tridge summary

The Parliamentary Commission in Moldova has approved an advisory opinion to amend the Agreement on Strategic Partnership, Trade, and Cooperation with the UK, aiming to extend the temporary tax exemption on agricultural exports to the UK until July 2029. This move is designed to support Moldovan producers and is expected to build on the successful trade liberalization of the past year, which saw significant increases in the export of plums and table grapes to the UK market. Quotas have been set for the import of several agricultural products, including tomatoes, garlic, and apples, to further boost exports.

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Original content

Exports of Moldovan agricultural products to the UK will continue to be exempt from some taxes. The Parliamentary Commission on Foreign Policy and European Integration approved an advisory opinion on amending the Agreement on Strategic Partnership, Trade and Cooperation between the Republic of Moldova and the United Kingdom, signed in 2020, MOLDPRES reports. Thus, the temporary liberalization of imports of products originating from the Republic of Moldova to the UK market will be extended for five years until July 31, 2029. Read also: According to the results of the first quarter of 2024, vegetables in Moldova fell by 28% Quotas have now been established for the import of the following agricultural products: tomatoes (272 tons), garlic (30 tons), table grapes (2,724 tons), apples (5,548 tons), cherries (204 tons), plums (2,043 tons), grapes juice (68 tons). The purpose of amending the agreement is to support Moldovan producers in the context of expanding exports to the UK. On July ...

Source: Eastfruit