China to provide Moldova with non-refundable grant worth 2.6 million euros to implement three projects

19:37 | 20.06.2016 Category: Economic

Chisinau, 20 June /MOLDPRES/ - China will provide Moldova with a non-refundable grant worth 2.6 million euros, to carry out three projects on modernization of customs control systems, information system of the Interior Ministry, as well on the construction of a Photovoltaic Park. This was the focus of a today’s meeting between Deputy Prime Minister, Economics Minister Octavian Calmic and Chinese Ambassador to Moldova Zhong Yinghong.

The two officials agreed on setting up a group of experts, which will manage the processing of technical documentation on carrying out the three projects, according to a press release by the Economics Ministry.

“Moldova’s government is interested in carrying out these projects, as they contribute to the implementation of the commitments taken by the central authorities in process of modernizing and reforming different social and economic sectors of the country. Moreover, they will represent a good signal for starting investment projects in our country, with the attraction of companies from China,” Octavian Calmic said.

For his part, Zhong Yinghong stressed that the Chinese authorities paid increased attention to the development or the bilateral relations with Moldova and spoke out for extending them in various sectors, in particular, trade, transports and infrastructure.

In the context, the sides agreed that all these subjects, as well as the one on initiating discussions on the signing of a bilateral agreement on free trade between the two countries be included in the agenda of a meeting of the Moldovan-Chinese commission for economic cooperation, due to be organized in Chisinau till late 2016.

Data by the Economics Ministry shows that, in 2015, Moldova’s foreign trade with China recorded 375 million dollars, with a quota of 6.2 per cent in Moldova’s overall commerce. The export of Moldovan goods to China grew by 3.9 per cent against 2014.

(Reporter A. Mardare, editor L. Alcaza)

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