Producers of fruits and vegetables in Moldova may be deprived of preferences in local retail

Published 2021년 12월 3일

Tridge summary

The Economy Minister of Moldova, Sergei Gaibu, has criticized a law that requires local shops to sell at least 50% of Moldovan agri-food products, stating that it has not been enforced due to a lack of regulations. The majority faction of the parliament and the president are likely to repeal this law, which has been met with opposition from commodity producers who rely heavily on the domestic market and see it as their only preference in local retail.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Recently, the Minister of Economy of the Republic of Moldova, Sergei Gaibu, during a talk show on one of the TV channels harshly criticized the provision of the Law on Internal Trade, which obliges local shops "to sell at least 50% of Moldovan agri-food products." This legislative guideline, which came into force in July this year, has not been applied in practice, since the government has not adopted the necessary regulations. In particular, the determining criteria for counting these 50% (from the physical volume of goods, from their assortment, from the volume of sales in monetary terms, from the area of the retail space, etc.). Given the position of the key government ministry, the majority faction of the parliament and the president, it is highly likely that this provision of the law will be repealed. Read also: In 2021, the volume of lending to Moldovan fruit-growing farms increased under the project "Livada Moldovei" In this regard, the Moldovan associations of commodity ...
Source: Eastfruit

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