Trade and Business in Moldova

The objectives of the subject “International Trade and Business in” Moldova” are the following:

1. To analyze the Moldovan Economy and International Trade;
2. To know the business opportunities in the Moldovan Market;
3. To analyze the trade relations of Moldova with the country of the student;
4. To know the Moldovan Free Trade Agreements;
5. To develop a business plan for the Moldovan Market.

The Subject “Foreign Trade and Business in Moldova” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:

Course: Business in the CEFTA Countries.

Doctorate (DIB): European Business, World Trade.

Masters (MIB): International Business, Foreign Trade.

Learning materials in + Moldavia Moldavie Moldávia.

1. Credits of the Subject “International Trade and Business in” Moldova”: 1 ;
2. Duration: one week.

1. Transport Corridor Europe-Caucasus-Asia (TRACECA);
2. Pan-European Corridor IX (Finland-Russia-Greece);
3. Access to the Trans-Caspian Trade and Transit Corridor (Central Corridor).

Moldovan Preferential Access and Free Trade Agreements:

1. Moldova and the Orthodox Economic Area;
2. Central European Free Trade Agreement (CEFTA);
3. Commonwealth of Independent States (CIS);
4. Regional Organization for Democracy and Economic Development (GUAM);
5. Organization of the Black Sea Economic Cooperation (BSEC);
6. Central European Initiative (CEI);
7. Ukraine-Moldova Free Trade Agreement;
8. Armenia-Moldova Free Trade Agreement;
9. Turkey-Moldova Free Trade Agreement;
10. Kyrgyz Republic-Moldova Free Trade Agreement;
11. Free Trade Agreements with Azerbaijan, Georgia, and China;
12. Regional Cooperation Council (RCC);
13. European Union-Moldova
    1. European Union-Moldova Association Agreement;
    2. European Neighborhood Policy (EU);
    3. EU Eastern Partnership;
    4. Black Sea Synergy.
14. United Kingdom-Moldova Free Trade and Economic Integration Agreement;
15. Eurasian Economic Union (EAEU) - Observer country.

Trade Facilitation Programs.

1. World Trade Organization (WTO)
   1. WTO General Agreement on Trade in Services (GATS);
   2. WTO Agreement on the Application of Sanitary and Phytosanitary Measures (SPS);
   3. WTO Agreement on Technical Barriers to Trade (TBT);
   4. WTO Agreement on Preshipment Inspection (PSI);
   5. WTO Agreement on Safeguards (SG);
   6. WTO Trade Facilitation Agreement (TFA).
2. World Customs Organization (WCO)
   1. Revised Kyoto Convention (RKC).
3. Organization for Cooperation between Railways (OSJD);
4. International Bureau of Containers and Intermodal Transport (BIC);
5. International Civil Aviation Organization (ICAO, Chicago Convention);
6. International Maritime Organization (IMO)
   1. International Convention for Safe Containers (CSC);
   2. Convention Relating to Temporary Admission (Istanbul Convention).
7. Customs Convention on Containers (CCC, UN);
8. Convention on the Contract for the International Carriage of Goods by Road (CMR, UN);
9. International Road Transport Union (IRU)
   1. TIR Convention;
   2. Guidelines on Safe Load Securing for Road Transport.

European Trade and Economic Organizations of Moldova

1. Economic Commission for Europe (UNECE);
2. Organization for Security and Cooperation in Europe (OSCE).

Global Organizations:

1. United Nations (UN)
   1. Conference on Trade and Development (UNCTAD);
   2. International Trade Centre (INTRACEN);
   3. World Intellectual Property Organization (WIPO).
2. World Bank (WB);
3. World Trade Organization (WTO);
4. International Monetary Fund (IMF).

The Republic of Moldova (Europe).

1. Capital of Moldova: Chisinau;
2. Moldovan Official Language: Romanian;
3. Moldovan Area: 33,851 square kilometers;
4. Moldovan Population: 3.6 million people;
5. Type of Government of Moldova: Parliamentary Republic;
6. Borders of Moldova: Romania and Ukraine;
7. Moldova is a landlocked country;
8. Moldovan Independence: 1991 (Soviet Union).

Religion in Moldova: Orthodoxy (Romanian Orthodox Church) (Christianity).

Moldova belongs to the Orthodox Economic Area

Economy of Moldova.

1. The Republic of Moldova is one of the poorest countries in Europe with capita incomes similar to those of Nicaragua or Ghana;
2. Moldovan GDP (nominal): 14,820 million dollars;
3. GDP per capita of Moldova: 4,177 dollars;
4. Currency of Moldova: Moldovan Leu;
5. The main Moldovan products are wine, sugar, agricultural machinery, refrigerators, textiles, building materials;
6. About 50% of Moldovans are engaged in agriculture (potatoes, cereals, sunflowers, vegetables, tobacco, wine, beer);
7. The Moldovan wine sector is growing considerably;
8. Moldova has applied for a membership to the European Union;
9. According to the Index of Economic Freedom, Moldova occupies the 110th place in the world.

Moldovan Foreign Trade.

1. The main Moldovan Exports are foods, textiles, machinery;
2. Top Export Markets of Moldova: Russia (26%), Romania, Italy and Ukraine;
3. The main Moldovan Imports are mineral products and fuels, machinery and equipment, chemical products, textiles;
4. The main suppliers of Moldova: Russia (14%), Romania, Ukraine and China.

(c) EENI Global Business School (1995-2022)
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