The UK temporarily unilaterally liberalizes all customs duties applied to the import of agricultural products from the Republic of Moldova. This opportunity was provided by the amendments made on May 25 to the Agreement on Strategic Partnership, Trade, and Cooperation between the Republic of Moldova and the United Kingdom of Great Britain and Northern Ireland.
The amendments to the agreement provide for the unilateral and temporary cancellation, initially for 12 months, of tariff quotas for imports of agricultural products from the Republic of Moldova to the British market and the temporary cancellation of entry prices for agricultural products specified in the agreement. Quotas are currently set for products such as tomatoes, garlic, table grapes, apples, cherries, plums, and grape juice.
“I am honored to sign, on behalf of Moldova, the amendments which are meant to improve and confirm the joint interest in good economic cooperation between our countries. The Agreement on Strategic Partnership, Trade, and Cooperation between Moldova and the United Kingdom represents the main pillar in the consolidation of the economic relations between our countries, through which we provide new opportunities for business and investments,” the state secretary at the Economic Development and Digitalization Ministry (MDED), Vadim Gumene, said.
Currently, the bilateral legal framework between the Republic of Moldova and the UK includes about 15 economic agreements.