DCFTA RM0EU to Allow Increasing Import from Moldova by 16%
OREANDA-NEWS. September 18, 2012. This was stated by head of the group of EU negotiators and EC Trade Department Luc Devigne at a press conference in Chisinau. As reviewing results of the third round of the DCDTA talks, held in Chisinau this week, Luc Devigne noted that legal text had been drafted and at the following stage the parties have to agree appendixes to the document, or, in other words, to consider tariff offers for close to 10 thou. of goods and services.
As head of negotiators of Moldova Deputy Minister Octavian Calmic noted, the main objective of Moldova is to introduce to the agreement the entire range of items produced in our country. According to him, at the talks the party of Europe made first generous offers, namely to fix the zero rate on deliveries of Moldovan industrial products to EU.
He also mentioned that Moldova committed to continue amending national customs laws concerning customs administration, origin rules, compliance appraisals, intellectual property competition so that to prepare the national economy to the liberalized trade regime with EU. At the press conference the parties expressed hope for Moldova and EU being able to sign DCFTA in 2013. The next round of the DCFTA talks takes place on November, 2—24 in Brussels.
As it was said earlier, the first round of the talks was held on March, 20-22 in Chisinau and the second one took place on June, 11-15 in Brussels. The agreement, according to which Deep, Comprehensive and Free Trade Area is to be established between Moldova and EU, stipulates gradual trade liberalization, free movement of labour force, cuts of prices, elimination of technical and non-tariff barriers and quantitative restrictions and harmonization of Moldovan law with European one. Unlike the current unilateral trade regime between Moldova and the European Union, granted to Moldova for a limited period of time, DCFTA will be multilateral, valid for unlimited period of time, more advantageous and predictable for business and long-term investments. Earlier Premier of Moldova Vladimir Filat and EU Commissioner for Trade Karel de Gucht noted that Deep, Comprehensive and Free Trade Area Agreement was expected to be signed no later than in September, 2013.
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