Moldova interested in attracting Greek investments to national economy – foreign minister says

Chisinau, 12 October /MOLDPRES/- The organization of the Business to Business events in Moldova and in Greece, as well as other actions with the active participation of the business environment of both states will significantly contribute to the development of economic relations, the initiation of new partnerships and investment projects.

Minister of Foreign Affairs and European Integration Tudor Ulianovschi and President of the Union of Greek Chambers of Commerce Constantinons Michalos made the statement at a meeting in Athens.

According to the MAEIE’s press service, the two officials have reviewed the Moldovan-Greek bilateral cooperation relations and reiterated their common commitment to deepening economic cooperation. In the context, they expressed interest in expanding cooperation in the energy and other sectors of common interest, mentioning that after the signing by Moldova of the Association Agreement with the EU, more opportunities for both countries have opened up.

According to Ulianovschi, the Moldovan-Greek economic cooperation is based on attracting technical assistance and Greek investments in Moldova, and promoting export of Moldovan products and services to Greece. "Statistics show that since 2015, Moldova has a positive trade balance with Greece and the commodity exchange is increasing. I believe there is an unused potential in this area, which can be achieved with the active involvement of the Chambers of Commerce and Industry of Moldova and Greece," he said.

Michalos found that Moldova is about good economic reforms, which will certainly attract attention of foreign investors, "and I will ensure this is known in Greece”.

According to the National Statistics Bureau, in January- July 2018, the trade between Moldova and Greece registered an increase of 37.3% compared to the similar period of 2017, the import of goods amounted to 10.7 per cent, and export increased by over 63 per cent.