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The President of the Republic of Moldova and the Chairman of the EEC Board discussed the possibility of adopting the Memorandum of Cooperation

The President of the Republic of Moldova and the Chairman of the EEC Board discussed the possibility of adopting the Memorandum of Cooperation

1/17/2017
Possibilities of broadening and deepening economic relations of the Republic of Moldova and the countries of the Eurasian Economic Union were discussed at a meeting of the Chairman of the EEC Board, Tigran Sargsyan, with the President of Moldova, Igor Dodon. It was decided to prepare the Memorandum of Cooperation between the Eurasian Economic Commission and the Republic of Moldova.

The Chairman of the Board of the Eurasian Economic Commission, Tigran Sargsyan, stated that the Eurasian Economic Commission was interested in restoring the traditionally positive and mutually beneficial economic contacts between the Republic of Moldova and the countries of the Eurasian Economic Union (EAEU). In his view, “development of business cooperation, establishment of a favourable business environment, removing barriers and synchronizing customs regime will give a new impetus to economies of our countries."

In his turn, the President of the Republic of Moldova, Igor Dodon, said that "economic cooperation with the Eurasian Economic Union is objectively beneficial for Moldovan citizens, and more than 50 per cent of them are in favour of closer integration with it." However, he stressed that "the question - cooperation with Europe or cooperation with the Eurasian Economic Union - is unpromising. We certainly need to find common interests and opportunities for interaction both with our neighbours - the European Union, and with our friends - strategic partners from the Eurasian Union."

Tigran Sargsyan turned the particular attention of the President of Moldova to the fact that principles of the EAEU activities stipulate the maximum consideration of the interests of every Union Member State. "All our decisions at the level of the Board, the Intergovernmental Council and the Supreme Eurasian Economic Council are taken by consensus," Tigran Sargsyan said. “It makes us to show consideration for the economic situation in each country, seek common for all growth points, segments and sectors of the economy that have maximum integration potential. Special attention is paid in the EAEU to the formation of a common space for human capital, addressing issues on mutual recognition of diplomas, equal full access to health care.”

Following the meeting, the President of the Republic of Moldova, Igor Dodon, and the Chairman of the Board of the Eurasian Economic Commission, Tigran Sargsyan, made a decision on preparation of a Memorandum of Cooperation. "We will be ready to sign the document in the first quarter of this year up to the end of March," Igor Dodon said, again stressing that the aim of the Memorandum is exchange of information, identifying areas of possible collaboration and harmonizing approaches.

In his turn, the Chairman of the EEC Board supported the proposal of the Moldovan side, stating that “signing of the Memorandum will help answer many questions that are of interest today both for business, and for our citizens - how we will be able to build trade relations, migration flows, what regimes will be created for citizens, how they will cross the border, seek employment, comfortably live in the EAEU countries.”