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photo source: gov.md
Posted by: Carolina Străjescu
News / Economic
13 Sep. 2022 / 20:04
Gavriliţa: The Republic of Moldova and Romania must be seen as one market
Romania and the Republic of Moldova must be seen as a single market with over 20 million consumers, said Natalia Gavriliţa at the "Capital Bridges" forum in Bucharest. Furthermore, Prime Minister Gavriliţa called on Romanian private pension funds to open up to Moldovan citizens. This, after she had talks with the Prime Minister of Romania, Nicolae Ciucă, who also gave a speech at the conference, reports Moldova 1 TV.
The Romanian capital market is a gateway for Moldovan companies to foreign loans and investments. The Republic of Moldova needs a more intensive capital market that can be developed with the help of Romanian companies, the two economies together have a greater potential, claims Prime Minister Natalia Gavriliţa.
“Think of it not as a market of less than 3 million, but rather as an access point to a combined market of over 20 million consumers. A genuine capital market requires professional market participants, such as pension and insurance funds. Starting from here, I want to invite Romanian pension funds to consider the launch of private pension products and to offer access to investments on international financial markets to Moldovan citizens", mentioned Natalia Gavriliţa.
The Romanian state has made sure that the Republic of Moldova is a logistics corridor in the current regional conditions. Prime Minister Nicolae Ciucă once again confirmed his support for Chisinau.
"We are willing to support with everything necessary so that the Government of the Republic of Moldova is able to manage this crisis situation. There are problems related to the provision of gas resources, the provision of electricity and, of course, access to the European market," said Nicolae Ciucă.
Romania is the main market for goods from the Republic of Moldova, with a share of a quarter of the total exports. In the first five months, bilateral trade amounted to 1.2 billion euros.
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