Russia remains the largest trade partner for Moldova, Moldovan President Igor Dodon said on Thursday.
CHISINAU (Pakistan Point News / Sputnik - 20th September, 2018) Russia remains the largest trade partner for Moldova, Moldovan President Igor Dodon said on Thursday.
"Russia remains the largest trade partner for Moldova, keeping the first place both in exports from Moldova and in imports. At the same time, Moldova's trade relations with the Russia remain very balanced among the largest partners ... Unlike other important partners, Moldova has for a long time maintained a balance between exports and imports in trade relations with Russia," Dodon said on Facebook in the context of the Moldovan-Russian economic forum (MREF).
The president made conclusions based on the official data of the National Bureau of Statistics and the National Bank of Moldova over the past ten years.
"Another aspect concerns foreign direct investment, which provides economic growth, job creation and exports. Russia is still the largest foreign investor in the Republic of Moldova with an investment volume of over $716 million," Dodon said.
MREF is an international business event for discussing topical issues of development of trade and economic cooperation between the two countries. The first MREF takes place in Chisinau on September 20-22, 2018. The program of the forum this year includes more than 10 business events. The forum will provide an opportunity for participants to discuss the prospects for development of cooperation in various fields of the economy, as organizers say. The event will be held annually, in 2019 it will be held in Moscow.
