The Republic of Moldova has approved the amendment of a bilateral agreement with Turkey that makes the need for transport licences for both countries` exports redundant. The free trade agreement between the Republic of Moldova and the Republic of Turkey, which provides for the facilitation of regional trade by improving trade relations between the signatory countries, is determined by Turkey`s obligations to the European Union, under which Turkey must align its trade policy with the Community, and this alignment will also include preferential agreements that the European Union must sign with third parties. , including the Republic of Moldova. The new rules apply to bilateral trade between Turkey and Moldova as well as to the transit of goods in both countries. To learn more about the implementation of the “Trade and Sustainable Development” (TSD) chapter in trade agreements – TSD Committees and civil society meetings In the sectors that gained access to Moldova, the following borders, which make Turkey one of the five main trading partners of the Republic of Moldova, are removed. In 2017, total imports of Turkey to Moldova amounted to 254 million euros. Total trade between Moldova and Turkey amounted to 320 million euros in 2017. According to the protocol signed on 17 October 2018, Turkish and Moldovan citizens can only travel to the countries of the other country with identity cards. The protocol for travel without travel through the Den Pass came into effect on February 19, 2019. This preferential trading system has allowed the Republic of Moldova to benefit from reduced or eliminated tariffs for its products, improved services market and better investment conditions.
Trade relations between the EU and Moldova are governed by the free trade area established by the ACFTA part of the Association Agreement. The CCFTA establishes a free trade area between the EU and the Republic of Moldova, in accordance with the principles of the World Trade Organization. The agreement establishing a comprehensive and comprehensive free trade area between the Republic of Moldova and the European Union, presented at the Eastern Partnership Summit in Vilnius on 29 November 2013, is part of the Association Agreement between the Republic of Moldova and the European Union. It will provide the Republic of Moldova with the necessary framework to modernise its trade relations and achieve economic development, since market opening is necessary by excluding rights and shares and by fully harmonising national laws, standards and regulations with EU legislation on trade-related sectors. The main objective of the Central European Free Trade Agreement (CEFTA), of which the Republic of Moldova has been a member since 2007, is to strengthen trade in goods and services, promote investment between THE CEACF Member States, remove barriers and distortions in traffic, and facilitate transit and international trafficking of goods and services between the territories of the contracting parties. In return, the EU abolished its tariffs on agricultural products from day one, with the exception of some sensitive products for which it also introduced tariff quotas. This means that each year, only a limited amount of sensitive products can be exchanged duty-free. The exact amounts are set in Schedule 15A of the Association Agreement. An important part of ACFTA is the alignment of Moldovan trade legislation with certain EU rights. The adoption by the Republic of Moldova of an EU approach to policy-making aims to improve governance, strengthen the rule of law and create more economic opportunities by extending the EU market to Moldovan goods and services. In addition, the agreement provides for a gradual process of aligning Moldovan legislation, legislation and procedures with EU legislation, for example in the area of standards, thus facilitating distributors.