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IMPACT OF THE DEEP AND COMPREHENSIVE FREE TRADE ZONE ON THE ECONOMIC DEVELOPMENT OF THE REPUBLIC OF MOLDOVA
Authors: Boris CHISTRUGA, Diana BRAGOI
Number of views: 5
The Republic of Moldova, being a state with a
small economy, has considerably diversified its sales
markets, focusing primarily on the European Union
market, which currently absorbs more than half
of its exports. The present study tries to highlight
the benefits of the Association Agreement and the
Deep and Comprehensive Free Trade Area (DCFTA)
implementation, which contributes to increasing
the competitiveness of domestic companies on European
markets and the liberalization of trade in goods
and services. In conclusion, some measures are
highlighted that are necessary to be implemented by
the Republic of Moldova, in order to ensure the economy
reorientation towards export by diversifying
both the geographical structure and products in
particular, improving commercial policy regulations,
product quality, attracting investments foreign direct,
the elimination of corruption.