The Second Round of Negotiations on the Free Trade Agreement between the Republic of Moldova and China Concluded

08/01/2018

The second round of negotiations on the Free Trade Agreement between the Republic of Moldova and the People’s Republic of China was successfully concluded. Minister of Economy and Infrastructure, Chiril Gaburici, discussed with the Moldovan delegation, which held negotiations in the Chinese Capital, Beijing, on July 24-26. Representative of the State Agency on Intellectual Property (AGEPI), Liliana Vieru, Head of External Relations and Promotion Department, also participated in the negotiations.

During the second round of negotiations, discussions continued on the legal text of the Agreement, in particular on preamble chapters, initial and institutional provisions, commodity trade, rules of origin, intellectual property rights, competition, sanitary and phytosanitary measures, technical barriers to trade, e-commerce, and investment. Negotiations on the intellectual property chapter were carried out in a constructive and partnership format and covered all intellectual property objects, with discussions to be continued in the next round of negotiations.

The third round of negotiations will take place in September, in Chisinau. Negotiations will focus on issues relating to rules of origin, market access, technical barriers to trade and trade protection measures.

The signing of the Free Trade Agreement with the People’s Republic of China will contribute to strengthening trade and economic relations between the two countries and facilitate access to the Moldovan market for Chinese products and attract investment in the main sectors of activity of the Republic of Moldova. We would like to remind you that the first round of negotiations on the Agreement took place in Chisinau during the period 5-6 March 2018.

According to the data, 85 companies with Chinese capital worth almost 4.8 million lei are active in our country. The volume of foreign trade of the Republic of Moldova with China in January-May 2018 amounted to 245.5 million dollars, up by almost 36.5% over the same period last year.

More details can be found here: https://mei.gov.md/en/content/s-incheiat-cea-de-doua-runda-de-negocieri-pe-marginea-acordului-de-liber-schimb-dintre

Photo: www.mei.gov.md.