Belarus, Moldova to reach $500m in mutual trade

Belarus and Moldova plan to reach $500 million in mutual trade in the near future, Ambassador Extraordinary and Plenipotentiary of Belarus to Moldova Vyacheslav Osipenko said during a solemn meeting to mark the Independence Day at the Belarusian Embassy in Chisinau on 1 July.

"This target is attainable taking into account rapid development of the Belarusian-Moldavian trade and economic relations, a big untapped potential and readiness to boost mutually beneficial cooperation," Vyacheslav Osipenko said.

In his words, this year the two sides are expected to increase the last year's mutual trade ($255 million) by one third.

According to the Belarusian diplomat, Moldova is one of Belarus' major trading partners. It ranks fourth in Belarus' trade with the CIS after Russia, Ukraine and Kazakhstan, and 15th among Belarus' export destinations. In its 12th session on 15-16 February 2010 the interstate Belarus-Moldova commission for trade and economic cooperation defined an action plan to develop cooperation in the priority areas and step up mutual trade. The implementation of the interstate agreement on economic cooperation for 2010-2013 and its program will contribute to it.

Vyacheslav Osipenko underlined Belarus' plans to purchase up to 100,000 tonnes of fruit, vegetables and tinned products from Moldova. The Belarusian diplomat stressed that Moldova currently uses over 26,000 Belarus tractors. The Belarusian side is ready to step up their deliveries and set up joint ventures to assemble tractors in Moldova. Belarus will assemble nearly 500 tractors in Moldova to supply the Moldavian and the EU markets. Minsk and Chisinau have already launched the production of viticultural tractors Belarus.


Partners: Social Network