Government of Republic of Moldova

Ministry of Economy

Title

Sweden will support Republic of Moldova in the process of modernising the national economy
02/29/2016 - 15:02

19 February, Chisinau – Development of economic relations between Moldova and Sweden, support for new projects in the field of energy, support for the development of trade and other sectors were discussed on February 18 by Deputy Prime Minister, Minister of Economy Octavian Calmac and Signe Burgstaller, Ambassador of Sweden in Moldova, during a working meeting.

 

Overviewing the bilateral relations between the two countries, the Deputy Prime Minister Octavian Calmac mentioned the Swedish government support in the implementation of several important projects for our country, particularly in the energy sector. In this context, the Minister of Economy expressed its appreciation to the Swedish authorities for their support in implementing projects to upgrade capacity in building of the Ministry of Economy in energy efficiency and Renewable Energy  fields (2011-2015, $ 2,970,000 USD budget) and in the Reform of the investment climate (2012-2015, $ 3,200,000 USD).

 

During the meeting, Octavian Calmac underlined all important initiatives that will be undertaken by the Executive to upgrade business climate - attracting investment, removal of constraints for entrepreneurship, creating optimal conditions for the SMEs etc. The Minister also underlined that special attention will be paid on implementing the DCFTA provisions, increasing the competitiveness of local companies in the implementation of the The Deep and Comprehensive Free Trade Area (DCFTA).

 

In turn, the Ambassador of Sweden in Chisinau, Signe Burgstaller, highlighted the availability of the Swedish authorities to further support the Chisinau authorities to implement all reforms, especially in the energy sector, where as a result of  a bilateral cooperation have been successfully completed a few projects, some related to the activity of the National Agency for the Food Safety, etc. The Swedish diplomat encouraged the continuation of the implementation of the The Deep and Comprehensive Free Trade Area, and he once again pointed out that Sweden will provide full support to Moldovan authorities in this process.

 

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