Moldova's EU Accession: A Major Economic Opportunity for Entrepreneurs

Moldova's EU Accession: A Major Economic Opportunity for Entrepreneurs

Business

Moldova’s accession to the European Union presents not only a political milestone but also a significant economic opportunity for local entrepreneurs. As the country moves closer to the EU, these opportunities will continue to expand, according to Deputy Prime Minister and Minister of Economic Development and Digitalization Dumitru Alaiba. He made these remarks at the fourth edition of EBA Business Outlook 2025, organized in Chisinau by the European Business Association in Moldova (EBA Moldova) with EU financial support, CE Report quotes MOLDPRES

The event gathered officials from Moldova and the EU, experts, and business leaders to discuss the accession process, macroeconomic trends, energy security, and investment potential. Alaiba highlighted the tangible benefits already emerging from Moldova’s closer ties with the EU, including extended market access, financing opportunities, and higher business standards.

“Our future is not at a crossroad, but on a European highway of development. Every step forward brings new investments, better jobs, and stronger businesses,” Alaiba stated.

A key topic was the EU’s recently announced Economic Growth Plan for Moldova, valued at €1.9 billion. The plan aims to launch 5,000 new enterprises, support 25,000 existing businesses, and assist 3,000 exporters to the EU.

Romania’s Ambassador to Moldova, Cristian-Leon Țurcanu, reaffirmed Romania’s commitment to supporting Moldova’s European path. He emphasized the strong economic ties between the two countries, highlighting Romania’s role in fostering a stable and attractive investment environment.

The EU remains Moldova’s top trade partner, accounting for over 67% of exports in 2024. Thanks to trade liberalization measures introduced in 2022, exports of certain goods, such as sweet cherries, have surged from 74 tons in 2021 to 1,830 tons in 2024. Additionally, the EU is the largest investor in Moldova, contributing 81.5% of direct foreign investments in 2023.

As Moldova continues on its EU accession path, businesses stand to benefit from enhanced trade, investment, and economic development opportunities.

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