Economy - published on 14 June 2022
More Moldovan plums, grapes and other agricultural products should soon be coming to European markets tariff-free. The European Commission has today proposed a regulation allowing for temporary
improved market access for the remaining seven products from Moldova which are still subject to tariff rate quotas when entering the EU. This is a demonstration of EU’s solidarity designed to help
Moldova deal with the loss of its main markets and transit hubs for these key agricultural products resulting from Russia’s unjustified war of aggression against Ukraine. European Commission
President Ursula von der Leyen, said: Russia’s unprovoked and unjustified aggression is not only severely affecting the economy of Ukraine, but also that of its and our
neighbours, in this case Moldova. Today’s decision, more than doubling seven quotas for key Moldovan agricultural exports, is a tangible sign of EU solidarity. European Commission Executive
Vice-President and Commissioner for Trade, Valdis Dombrovskis, said: “Moldova’s ability to trade with the world has been dealt a severe blow by Russia’s brutal and
illegal war. By facilitating market access for key agricultural products, the EU is helping Moldova to redirect affected trade. This will directly help Moldovan producers, supporting the country’s
economic resilience in current difficult circumstances. The EU is once again stepping up to support a European neighbour. European Commissioner for Agriculture, Janusz
Wojciechowski, said: I hope that this unprecedented measure will support Moldovan producers in alleviating some of the market pressures in the short-term. In the longer
run, we encourage our Moldovan counterparts to invest in processing capacities and higher added-value production. Raising the quality of their products even further will help strengthen the
position of Moldovan producers on the EU market. We stand ready to provide technical assistance in this respect. The proposal now needs to be considered and agreed by the European Parliament
and the Council of the European Union. A full press release is available here.
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