This was stated by the Minsiter of Economy of Moldova on Tuesday at MOldova-CEFTA-EU: Dialogue, Trade, Investment, international forum. According to him, up to date the share of CEFTA states has not been so large in the trade turnover of Moldova; however the potential for further cooperation and fostering competition is rather high. Valeiru Lazar called businessmen to invest in tourism, ICT, energy sector, building materials, etc. CWEFTA Secretariat Director Renata Vitez said that CEFTA is a platform for further integration into EU. According to her, every member of CEFTA is moving in this direction, but at different speed, which creates obstacles for trade within the organization. “Every member adopts European sanitary and phyto sanitary and other standards but at different times. And those who have not adopt them are facing difficulties in trade”, Renata Vitez says.
Executive Director of the Association of Foreign Investors of Moldova Dinu Armasu stressed that cooperation is hampered by the following problems: search of the right people for works, fiscal law, infrastructure, officials violating law, etc. According to the Ministry of Economy, in 2011 the trade turnover of Moldova with CEFTA stated soared 67% as compared wit 2010. It made up $26,2 mln., with the negative trade balance being $12,6 mln. Moldova exported goods to CEFTA at a sum of $6,8 mln. 7,9% up, 0,3% of the total export from Moldova. The greatest amount of goods was exported to Serbia and made up 47,4%. Then follow Albania (24,82%), Macedonia (11,9%), Bosnia and Herzegovina (8,58%), Kosovo (5,77%), and Croatia (1,5%). Modlova imported goods from CEFTA at a sum of $19.41 mln. ,109.6% up, 0.4% of the total import to Moldova.InfoMarket