INCREASING THE EXPORT POTENTIAL OF THE REPUBLIC OF MOLDOVA IN THE CONTEXT OF DCFTA IMPLEMENTATION: OPPORTUNITIES, CHALLENGES, AND PERSPECTIVES

Oleg IONCU, Larisa Șavga, Feodosie Pitușcan

Abstract


This study examines the export potential of the Republic of Moldova in the context of the implementation of the Deep and Comprehensive Free Trade Area (DCFTA) agreement with the European Union. The article analyzes opportunities for increasing export potential, such as improved access to EU markets and enhanced product standards, as well as challenges, including regulatory compliance and infrastructure issues. Based on a detailed analysis of both qualitative and quantitative data, key sectors for growth are identified with the aim of promoting sustainable economic development and strengthening Moldova's export capabilities.

Keywords


export potential, DCFTA (Deep and Comprehensive Free Trade Area), export diversification, trade barriers, regulatory requirements, sustainable growth

References


ASSOCIATION AGREEMENT between the European Union and the European Atomic Energy Community and their Member States, of the one part, and the Republic of Moldova, of the other part (OJ L 260, 30.8.2014, p. 4). Available at: https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:02014A0830(01)-20180824&from=EN (Date of Access: 10.11.2024)

Exports by countries (1997-2023), Exports in European Union countries by sections and chapters, according to the Combined Nomenclature of Goods (CNG) (2001-2023). NATIONAL BUREAU OF STATISTICS of the Republic of Moldova. Available at: https://statistica.gov.md/en/statistic_indicator_details/19 (Date of Access: 10.11.2024)

Ex-post evaluation of the implementation of the Deep and Comprehensive Free Trade Area between the EU and its Member States and Moldova. Final Report. European Commission Directorate-General for Trade. Luxembourg: Publications Office of the European Union, 2022. Available at: https://www.ceps.eu/ceps-publications/ex-post-evaluation-of-the-implementation-of-the-deep-and-comprehensive-free-trade-area-between-the-eu-and-its-member-states-and-moldova/ (Date of Access: 10.11.2024)

Ukraine and Moldova: Council approves the renewal of the EU’s autonomous trade measures. Council of the EU: Press release dated 13 May 2024. Available at: https://www.consilium.europa.eu/en/press/press-releases/2024/05/13/ukraine-and-moldova-council-approves-the-renewal-of-eu-s-autonomous-trade-measures/ (Date of Access: 10.11.2024)

SOLOVIOVA, M. 8 ani de implementare a DCFTA: oportunități valorificate și nevalorificate și cum putem maximiza beneficiile acestuia. Expert-Grup, 2023. Available at: https://www.expert-grup.org/ro/biblioteca/item/2508-8-ani-de-implementare-a-dcfta-oportunități-valorificate-%C8%99i-nevalorificate-%C8%99i-cum-putem-maximiza-beneficiile-acestuia (Date of Access: 10.11.2024)

Standardizare europeană. Institutul de standardizare din Moldova. Available at: https://standard.md/?page_id=3233〈=ru (Date of Access: 10.11.2024)


Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.