The Moldavian company Trans Cargo Terminal LLC, a subsidiary company of the group Trans-Oil, will double its capacities of grain exports through the Giurgiulesti International Free Port, the Ministry of Economy of the Republic of Moldova declared. Trans Cargo Terminal LLC completed its construction project of the terminal expansion for grain exports from the port.…
On November 9, the government of Moldova approved of several changes to the ways of importing oil products through the Eastern border of the Republic of Moldova, in other words through the separatist region of Transnistria. Thus, the Customs Office will allow until December 31, the imports of oil products coming through Novosavitskaya-Cuciurgan checkpoint and…
The volume of trade turnover between Moldova and Romania over 8 months of 2016 amounted to $873.06 million of which the Moldovan export equaled $344.92 million, and the Romanian import – to $528.14 million. In Romania’s trade with the countries outside the European Union, Moldova ranks the 4th place in export terms (purchase of Romanian…
On November 1, the Free Trade Agreement between Moldova and Turkey came onto effect. The document implies a number of advantages for local businesses, especially for farmers. Among the benefits for local businesses is unlimited access without tariff restrictions on imports of agricultural products to the Turkish market. Moldova will cancel customs duty for some…
For two month owners of vehicles registered abroad can pay 30% of the car excise duty when clearing customs. Besides, the registration of vehicles older than 10 years will be allowed in Moldova. This is provided for by the amendments approved by the Cabinet of Ministers. In particular, residents of Moldova who imported cars registered…
If signed, an agreement with the International Monetary Fund (IMF) will increase investment in Moldova. That’s according to the Governor of the National Bank of Moldova (NBM), Sergiu Cioclea. According to him, as soon as Moldova signs an agreement with the IMF, funding and grants from various international organizations and private investors will come in…
Laboratories for practical training for students of the center of excellence in transport in Chisinau will be supplied with modern equipment, among them drilling and cutting machines, lathes, digital multimeters, testers and vices. Machinery was donated to the institution as part of a batch of equipment provided by the government of Japan. According to the…