Belarus and Moldova plan to increase turnover up to $500mln

Belarus and Moldova plan to increase turnover up to $500mln

Belarus and Moldova plan to increase turnover up to half a million dollars. This was said by participants of the meeting of the Intergovernmental Commission on trade and economic cooperation between the two countries.

On July 15 in Minsk, the sides will discuss the possibility of establishing joint ventures, cooperation in transport, construction and energy sectors.

Moldova is Belarus' 14th most important trading partner in the world. In recent years, Belarus and Moldova have been actively developing bilateral cooperative partnership: Belarusian trolleybuses and tractors are now assembled in Chisinau. 

Now plans have been made to supply Belarusian buses to Moldova.

Mikhail Rusyi, Deputy Prime Minister of the Republic of Belarus:
Co-production of trolleybuses is going pretty well. The Moldovan government has developed a strategy. They offer us exactly the same way and we will solve it all quickly. We would like to strengthen bus fleet of Chisinau and other cities of Moldova. We also clearly outlined what specific steps we can make in the production of wine materials.

Moldova ranks 14th by turnover among nations with whom Belarus trades. Over the past five years, this figure has been doubled.

Belarus exports to Moldova foodstuffs, machinery, petroleum products and medicines. In turn, it imports wine and wine materials, fruits and vegetables.

Belarus is ready to open doors for Moldovan producers to the markets of the Customs Union and the Eurasian Economic Union.

Octavian Calmac, Deputy Minister of Economy of the Republic of Moldova:
As usual, in a normal friendly atmosphere, we tried to identify the problems that exist in our bilateral trade. In all sectors, we have specific projects that will be implemented throughout this year and subsequent years. We are talking about agriculture and industry, health care, and infrastructure. We have a lot of infrastructure projects. The experience of Belarus is very acceptable to the Republic of Moldova.