Moldova: EU highlights the need for continued implementation of the reform agenda

(Credit: Unsplash)

This article is brought to you in association with the European Commission.

Today, the European Union has published a report on the Association Implementation of the EU-Republic of Moldova Association Agreement. The report is published ahead of the 6th EU-Moldova Association Council on 28 October. It concludes that, while the second half of 2020 saw Moldova backsliding in rule of law standards and reforms, the early parliamentary elections on 11 July 2021, gave a clear and strong mandate to pro-reform forces to pursue an ambitious agenda on anti-corruption, an improved justice system and fighting poverty, in line with Moldova’s commitments under the Association Agreement.

“We welcome the Republic of Moldova’s renewed commitment to reforms in key areas of the EU-Moldova relationship, as well as active participation in the Eastern Partnership. The two elections that took place in the reporting period considerably changed the political landscape, with a pro-reform party winning the parliamentary majority for the first time in Moldova’s history. This has opened a positive perspective for further enhancing EU-Moldova relations and working together on the long-awaited reforms, regaining public trust in the judiciary and public administration system, and improving the country’s business and investment climate”, said High Representative/Vice-President Josep Borrell.

Commissioner for Neighbourhood and Enlargement, Olivér Várhelyi, added: “The EU stands by the people of Moldova. We are committed to support the pro-reform Moldova in economic recovery and development: The Economic Recovery Plan for Moldova, which will mobilise up to EUR 600 million over the next three years, as well as the Economic and Investment Plan for the Eastern Partnership region, including the five Flagship initiatives for Moldova, will be important drivers in this respect.”

Key findings

Today’s report, prepared by the European External Action Service and the European Commission, presents the state of play in implementation of reforms under the EU- Moldova Association Agreement since the last report on 12 September 2019. shows that the EU and the Government of Moldova continued to work together on reforms under the EU-Moldova Association Agreement/Deep and Comprehensive Free Trade Area (DCFTA), on the basis of strict conditionality. Reforms of the justice sector overall stagnated, though there was some progress with the preparation of a new Justice Strategy for 2021-2024, and the recent adoption of the Constitutional amendments strengthening the independence of the judiciary.

Six years after the investigation of the 2014 bank fraud begun, none of the major culprits are behind bars, and the lost assets have not been recovered. In 2020 and 2021, trials were repeatedly postponed, charges were dropped against shareholders in the affected banks, and convicted perpetrators were released from prison early.

The COVID-19 pandemic triggered extraordinary measures, including a state of emergency. This lead to a 7% drop in GDP in 2020, a decrease of private consumption and a worsening fiscal situation. During the reporting period, Moldova was a major beneficiary of EU macro-financial assistance. EUR 30 million was disbursed in July 2020, followed by EUR 50 million in November 2020 to cover urgent financing needs resulting from the COVID-19 crisis. Following significant progress on the agreed reform conditions, the Commission disbursed additional EUR 50 million on 7 October 2021.

The EU remained the main trade partner of Moldova, accounting for 53% of its total trade. A new Customs Code was adopted on 24 August 2021, paving the way for the future customs cooperation and trade facilitation. On 16 July 2021, the Commission included Moldova in the list of third countries authorised to export dairy products to the EU, subject to specific risk-mitigating treatment. At the same time, the amendments to the Domestic Trade Law adopted and promulgated under the previous leadership run contrary to Moldova’s commitments under the DCFTA, as well as to the World Trade Organisation provisions on national treatment of goods, and need to be rectified.

Moldovan citizens continued to benefit from visa-free travel to the EU and the Schengen Associated Countries. The fourth report under the Visa Suspension Mechanism adopted on 4 August 2021 confirmed that Moldova continues to fulfil the visa liberalisation benchmarks. However, it also identified that further efforts were needed to address the issue of unfounded asylum applications, alignment of Moldova’s visa policy with the EU lists of visa-required third countries as well as the shortcomings in the areas of financial fraud, anti-money laundering, the prevention and fight against corruption and organised crime.

the sting Milestones

Featured Stings

Stopping antimicrobial resistance would cost just USD 2 per person a year

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Lebanon: UN rights office calls for de-escalation of protest violence

Here’s how companies can make sure they are blockchain-ready

Why the financial scandals multiply?

JADE Generations Club: Connecting perspectives, changing Europe.

At global health forum, UN officials call for strong, people-focused health systems

To entrepreneurship and beyond!

My ‘’cultural’’ contacts with China

‘We are nowhere closer’ to Israeli-Palestinian peace deal, than a year ago, Security Council hears

‘Rare but devastating’ tsunamis underscore need for better preparation, UN chief urges on World Day

‘Regional security and integration’ in Central Africa under threat, Security Council warned

‘Spectre of poverty’ hangs over tribes and indigenous groups: UN labour agency

Recovery and Resilience Facility: Romania submits official recovery and resilience plan

Artificial intelligence: Commission takes forward its work on ethics guidelines

Industrial policy: recommendations to support Europe’s leadership in six strategic business areas

The ocean is teeming with microplastic – a million times more than we thought, suggests new research

Can Obama attract Iran close to the US sphere of influence?

Bring killers of journalists to justice: UN agency seeks media partners for new campaign

Regulate social media platforms to defend democracy, MEPs say

Canada has the most comprehensive and elaborate migration system, but some challenges remain

G20 LIVE: World Leaders in Turkey for G20 Summit. Global Economy will be discussed in Antalya

These countries are the most optimistic about economic recovery from the pandemic

Last-chance Commission: Why Juncker promised investments of €300 billion?

COP25: Developing nation’s strike hard

Ireland’s planning to make its Emerald Isle even greener

Peer-to-peer learning: a way to develop medical students’ trainings

ISIL continues to pose a ‘serious challenge’ worldwide – UN counter-terror chief

Biodiversity: MEPs demand binding targets to protect wildlife and people

Leaders need hard data to make the hard decisions about sustainability

Nicaragua ‘crisis’ still cause for concern amid murder, torture allegations: Bachelet

Trump: Hostile to Europe, voids Tillerson’s “ironclad” ally pledge

Businesses, governments and consumers to implement a more climate-friendly approach to #BeatPlasticPollution on World Environment Day 2018

Right2Water initiative: Is the Commission ready to listen to citizens?

Trump’s withdrawal from the Paris climate deal is bad for US business. Here’s why.

3 natural mysteries that could be explained by quantum physics

The winds of change: 5 charts on the future of offshore power

Millions of Bangladeshi children at risk from climate crisis, warns UNICEF

COVID-19 and the importance of scientific credibility in decreasing the number of cases

Antitrust: Commission opens investigation into possible anti-competitive conduct of Amazon

Plastic is a global problem. It’s also a global opportunity

NASA is recruiting new astronauts – this is what it takes to apply

Why it’s time to celebrate migrants

Fighting forest fires in Europe – how it works

The Pegasus Project awarded the 2021 Daphne Caruana Galizia Prize for Journalism

Detecting online child sexual abuse requires strong safeguards

Sexual reproductive health rights SRHR and ending HIV: can one be achieved without the other?

Greenhouse gas emissions have already peaked in 30 major cities

Transparency, EU values, and pluralism: new rules for European political parties

Central Asia bloc has important role in ‘peace, stability and prosperity’ beyond region, says Deputy UN chief

Greater transparency, fairer prices for medicines ‘a global human rights issue’, says UN health agency

It’s time to end our ‘separate but unequal’ approach to mental health

How smart tech helps cities fight terrorism and crime

EU and Mercosur reach agreement on trade

UN committed to helping Haiti build better future, says Guterres, marking 10-year anniversary of devastating earthquake

Antitrust: Commission sends Statement of Objections to O2 CZ, CETIN and T-Mobile CZ for their network sharing agreement

5 things to know about the exploding world of pro gaming

World Food Programme accesses Yemeni frontline district for first time since conflict began

UN chief calls for ‘immediate end’ to escalation of fighting in southwestern Syria, as thousands are displaced

The world’s food waste problem is bigger than we thought – here’s what we can do about it

A Sting Exclusive: “Seize the opportunity offered by Africa’s continental free trade area”, written by the Director General of UNIDO

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: