On April 6th FSEA participated at the presentation of the Key Business Briefings in the Republic of Moldova. The document describes the key business environment issues affecting private sector development and is developed annually by EBA, in cooperation with the EU funded Technical Assistance DCFTA Project.
The panel discussion was led by Mr. Petros Sourmelis, Head of Unit at DG Trade within the EU Commission, Mr. Pirkka Tapiola, EBA Honorary President and EU Ambassador to the Republic of Moldova, Mr. Octavian Calmac, Deputy Prime Minister and Minister of Economy, as well as by Mr. Thomas Moser, EBA President and Mrs. Mariana Rufa, EBA Executive Director. Among the attendees of the event were representatives of the private sector, public authorities, international organisations and diplomats.
The purpose of the document is to present the key issues that the private sector is facing in Moldova. Mr. Moser presented the main points of the document, covering the following areas:
- Political stability
- Macroeconomic stability
- Legal framework
- Fiscal and Customs framework
- The rule of law
- Infrastructure
- Access to financial services
- Human resources
Mr. Tapiola reiterated the need to take such a discussion seriously and not just focus on the transformation of goods, but of the quality of life in the country. Mr. Calmac mentioned that besides listening to the problems of the sector, solutions need to be also identified, so as to comply with the international commitments. Mr. Sourmelis reminded that the EU remains the main financial and trade partner of Moldova, with European standards allowing Moldovan products to compete on other international markets too. However, he remarked that governance issues need to be tackled for the situation to be considerably improved.
FSEA identified members problems and needs and allied with EBA and other Business Associations in constructive dialogues with Government authorities that will lead to removing the existing constraints and creating a better policies for business environment.
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