The Republic of Moldova has a liberal trade regime. So far Moldova has signed Free Trade Agreements with 43 countries:
- EU-28 member states (DCFTA),
- CIS member-states,
- Countries of Eastern Europe (Romania, Croatia, Serbia, Macedonia, Bosnia-Herzegovina, Albania, Bulgaria, Montenegru and Kosovo) and
Moldova also has the benefit of several preferential trade agreements:
EU and Moldova
The EU Regulation on Autonomous Trade Preferences for Moldova continues to be in place and co-exists with the DCFTA. In December 2013, the Regulation was amended to extend duty-free treatment to Moldovan wine. The Regulation will apply until 31 December 2015 to make it easier for business to adapt during the transition period between the autonomous preference and the DCFTA.
The DCFTA sets up a free-trade area between the EU and Moldova, in line with the principles of the World Trade Organisation. It removes import duties for most goods traded between the EU and Moldova and provides for broad mutual access to trade in services. It also includes provisions on establishment, which allow EU and Moldovan companies to set up a subsidiary or a branch office on a non-discriminatory basis, benefitting from the same treatment as domestic companies in the partner's market.
An important part of the DCFTA is aligning Moldovan trade-related laws to selected EU legislative acts. Adoption by Moldova of EU approaches to policy-making will improve governance, strengthen the rule of law and provide more economic opportunities by opening further the EU market to the Moldovan goods and services. It will also attract foreign investment to Moldova.