The Republic of Moldova exports more and more fruits and vegetables to the countries of the European Union. Since the beginning of this year, our country’s exports to the EU have increased by 57.2%. Apples, grapes and plums are among the top agricultural products that have reached European shelves.
According to data from the National Bureau of Statistics, the total value of goods exported to the 27 EU member countries amounted to US$1,587.1 million, between January and July 2022. This would mean an increase of 57.2%, compared to the same period of 2021, and a share of 60.3% in total exports.
From this June, plums, grapes and other Moldovan agricultural products are accepted on the EU market without customs duties. This is due to the decision adopted by the European Commission this June, which allows the temporary improvement of market access for seven products from the Republic of Moldova, which were still subject to tariff quotas upon entering the EU.
FOR THE MOST IMPORTANTÂ NEWS, FOLLOW US ONÂ FACEBOOK!
The EU and the Republic of Moldova signed an association agreement in June 2014, which entered into full force in July 2016. The Free Trade Agreement aims to eliminate import and export customs duties in the trade of products.
The Deep and Comprehensive Free Trade Area (DCFTA) is an integral part of the agreement and aims to strengthen a preferential trade relationship based on mutually beneficial terms. The preferential trade system allowed the Republic of Moldova to benefit from the elimination of customs duties on exports to the EU in relation to all goods except seven agricultural products.