EU Delegation launches video clips on Moldovan business people's opinions about free trade agreement

Chisinau, 9 June /MOLDPRES/- The EU Delegation to Moldova today launched a series of video clips showing opinions of the Moldovan businessmen about the Free Trade Agreement with the EU and the benefits it offers for the trade development.

Entrepreneurs confirm the importance of free trade with the EU for Moldovan companies and for creation of new jobs to reduce the labor emigration abroad. The eight companies involved in the project come from the agricultural sector – producing wine, nuts, juices, canned fruits and alcohol, as well as in the industrial sector – production of cables, clothing, footwear and smart meters for electricity.

Orhei Vit company that produces juices and canned fruits and vegetables, shows that the free trade agreement with the EU has raised sales up to 25 per cent. Zernoff company, which produces alcohol, confirms that its exports to the EU have increased 10 times. Ionel clothing company explains how exports to the EU allowed keeping its employees who remained in Moldova. Representatives of the Etcetera wine-producing company noted that the exports to the EU account for 25 per cent of sales.

The representatives of the companies point out that there is no reason to worry about the EU market where high-quality products have a fair chance of being marketed. In fact, Moldovan products are appreciated by the most prestigious brands in Europe: electrical cables produced in Moldova are used by the most prestigious European brands, such as: Audi, BMW, Mercedes-Benz, Maserati, Mini and Porsche. Clothing factories in Moldova make clothes for luxury brands such as Giorgio Armani. ADD Group, which produces smart meters for measuring electricity consumption, proves through its experience that there is no contradiction between being present on the EU market and on the Russian market.

According to data by the National Statistics Bureau, Moldova’s exports to the EU market increased by 9.4 per cent in 2016 and reached 65.1 per cent. The country’s main export products to the EU are electric cables, clothing and knitwear, car seats, sunflower seeds, wheat, iron bars, nuts and footwear.

(Reporter V. Bercu, editor L. Alcază)