EFTA and Moldova hold third round of negotiations

EFTA and the Republic of Moldova delegates meet in Geneva for the third round of negotiations.

As several trade fields were concluded in the first two rounds, the negotiations are at an advanced stage. In-depth discussions were held in trade in goods, trade in services, establishment, and legal and horizontal issues. The chapters on electronic commerce and legal and horizontal issues were concluded during the round, leaving market access for agricultural goods as the key open issue.

Bilateral trade between EFTA and the Republic of Moldova has grown steadily since 2016. In total, trade has more than doubled in value from 2016 to 2021, with the total trade amounting to USD 94 million in 2021. For the same year, imports to EFTA from Moldova amounted to USD 40 million, whilst exports amounted to USD 54 million. The main exports from the EFTA Member States were vehicles, pharmaceutical products, and electronics. The imports from Moldova in 2021 consisted mainly of electronics, articles of apparel and clothing, edible fruits and nuts.

Read more about merchandise trade between EFTA and the Republic of Moldova here.

EFTAs full report of the meeting is available here.