Business in Moldova, Chisinau

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

1. To analyse the Moldovan Economy and Foreign Trade (Import, Export, FDI)
2. To know the business opportunities in the Moldovan Market
3. To analyse 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

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 Organisation for Democracy and Economic Development (GUAM)
5. Organisation 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 Neighbourhood 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
    1. Eurasian Economic Community (EurAsEC) - Succeeded by the Eurasian Economic Union (EAEU)

Trade Facilitation Programs

1. World Trade Organisation (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 Organisation (WCO)
   1. Revised Kyoto Convention (RKC)
3. Organisation for Cooperation between Railways (OSJD)
4. International Bureau of Containers and Intermodal Transport (BIC)
5. International Civil Aviation Organisation (ICAO, Chicago Convention)
6. International Maritime Organisation (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 Organisations of Moldova

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

Global Organisations

1. United Nations (UN)
   1. Conference on Trade and Development (UNCTAD)
   2. International Trade Centre (INTRACEN)
   3. World Intellectual Property Organisation (WIPO)
2. World Bank (WB)
3. World Trade Organisation (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 kilometres
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