Moldova Brussels, 12 June 2013
EU and Moldova conclude Deep and Comprehensive Free Trade Area
The European Union and the Republic of Moldova successfully held this week the final round of negotiations on a Deep and Comprehensive Free Trade Area (DCFTA), as part of the Association Agreement between the EU and the Republic of Moldova.
The EU and Moldova express satisfaction with the successful outcome of the negotiations. The DCFTA will bring Moldova's economy closer to that of the EU. The DCFTA consists of 14 chapters; it will provide for a significantly improved mutual access for European and Moldovan goods and services. Furthermore, it will ensure an open, stable and predictable legal environment for the benefit of Moldovan businesses and consumers. The DCFTA will improve the trade opportunities between EU and Moldova and enhance prosperity of both economies.