The European Parliament extended the preferential trade regime with Moldova for another year

Fruits

Vegetables

Moldova

Regulation & Compliances

Published Mar 15, 2024

Tridge summary

The European Parliament has approved an extension of the trade liberalization measure between the European Union and the Republic of Moldova for an additional year. This allows Moldova to continue fully liberalized exports of seven agricultural products, namely tomatoes, garlic, table grapes, apples, cherries, plums, and grape juice, to the EU. This decision is part of the EU's ongoing efforts to support Moldova's economic development and European integration, and is seen as beneficial for both parties.

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Original content

The European Parliament approved by a majority vote the decision to extend the trade liberalization measure between the European Union and the Republic of Moldova for a year, MOLDPRES reports. In particular, the export of seven categories of agricultural products from Moldova - tomatoes, garlic, table grapes, apples, cherries, plums and grape juice - will continue to be fully liberalized, without tariff restrictions. The European Parliament adopted the first decision to liberalize trade with Moldova two years ago, with the aim of speeding up the country's European integration and reducing the impact of the war launched by Russia in Ukraine on Moldovan producers and exporters. Read also: Preferential imports of fruits and vegetables from Moldova to the EU may be extended for another year According to European officials. Many products from the Republic of Moldova, especially fruits and vegetables, are valued in markets throughout the European Union, and the decision to extend ...

Source: Eastfruit