Government of Republic of Moldova

Ministry of Economy

Activity reports

The activity report of the Ministry of Economy captures the key achievements accomplished in 2013. Given the permanent evolution of the country’s economic and political environment and the significant influence from outside, the Ministry of Economy has successfully implemented broad activities and major structural transformations aimed at the legislative, institutional and functional adjustment to the European requirements. 

In the following period, the new geo-economic realities generated by the conclusion of the Agreement on the establishment of the Deep and Comprehensive Free Trade Area with the European Union, the Free Trade Agreement with Turkey and by the evolution to a qualitatively new stage of relations with the CIS countries, will determine the activities of the Ministry of Economy in 2014, which will be focused on specific outcomes aimed at:

-Fully and qualitatively implementing the strategic planning documents and the legislative-regulatory framework managed by the Ministry;

-Building the institutional skills with a view to modernize and improve the public services delivered to businesses and individuals, including by developing information systems (e-services); 

-Ensuring the efficient, accountable and transparent management of public funds through programs and projects;

-Actively participating in the development and promotion of complementary policies to those that are directly managed by the Ministry, such as tax and customs policies, staff training policies, employment policies, regional and rural development policies, infrastructure development policies, etc.;

-Developing the economic culture of the entire society to build the credibility and ensure the right perception of the policies and activities performed by the Ministry of Economy.

The agenda of the Ministry of Economy in 2014 will be busy, comprising specific projects and activities aimed at creating favorable conditions for business environment development, facilitating the companies’ access to funds, developing tools to attract direct foreign investments, identifying new markets for domestic items and diversifying the offer for exports. The main planned activities include: 

-Signing the Agreement on the creation of the Deep and Comprehensive Free Trade Area between the Republic of Moldova and the European Union (DCFTA);

-Signing the Free Trade Agreement between the Republic of Moldova and the Republic of Turkey; 

-Building the relations of cooperation with the CIS countries in the context of the conclusion of DCFTA, including the conclusion of the Agreement on Service Trade within the CIS;

-Launching the implementation of the Roadmap for improving competitiveness of the Republic of Moldova;

-Launching the work of and ensuring the functionality of the Board for Competitiveness;

-Launching an awareness raising & communication and guidance program for businesses and civil society regarding the provisions of the DCFTA, both from the perspective of opportunities provided by the new commercial relations and in terms of overcoming eventual challenges;

-The full accomplishment of actions set out in the Roadmap regarding the actions of the Government to eliminate critical constraints faced by the businesses for 2013-2014;

-Facilitating the access to funds, including by improving support programs for small and medium enterprises with a view to simplify the mechanisms and procedures of accessing them;

-Performing actions related to the preparation of the following Competitiveness Improvement Project - II, funded by the World Bank;

-Performing actions related to the accession of the Republic of Moldova to the EU Program for the Competitiveness of Enterprises and Small and Medium-Sized Enterprises COSME (2014-2020);

-Building the industrial capacities and the capacities of producing competitive goods for export by strengthening and extending the networks of industrial pools and businesses incubators throughout the country;

-Drafting the new Strategy on Attracting Investments and Promoting Exports on medium- and long-term;

-Implementing the institutional and functional reform of the Investment and Export Promotion Organization and building its skills to ensure full functionality;

-Re-conceptualizing the institutional framework on the management of innovations and technological transfer processes with a view to adjust it to the European standards, including reforming the National Agency for Innovation and Technological Transfer;

-Providing modern equipment to the laboratories and building the skills of the personnel of institutions that are part of the quality infrastructure system;

-Completing the restructuring of the thermal-energy system of Chişinău mun. and launching the newly created company;

-Finalizing the interconnection line of gas transportation networks on the itinerary Ungheni – Iaşi;

-Conducting activities related to the accession of the Republic of Moldova to the Eastern Europe Energy Efficiency and Environmental Protection Program (E5P) of the European Investment Bank.

In the context of a still difficult and unstable international economic climate and of a year full of political challenges, the quality, efficiency and accuracy of economic policies enforced by the Ministry of Economy becomes crucial. 

In this context, it is imperative that businesses, social partners, civil society and the large public are actively involved through constructive participation in the development, monitoring and evaluation of policies implemented by the Ministry.

 

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