Potential investors from over 20 countries that represent foreign capital companies working in Moldova and local and central public authorities took part in the opening meeting of the Vienna Economic Forum that was held in Chisinau in the evening of June 10, IPN reports.

VEF President Erhard Busek said that things in Moldova improve with his every arrival in Chisinau. By holding such events, they want the Europeans to understand better what kind of country Moldova is. “The VEF focuses on the attraction of long-term investments. We want Moldova, which has incomes lower than the European states, but which has potential and is developing, to benefit from the VEF activities. The solution to rapid development resides in the attraction of investments, increase in exports and enhancement of competitiveness of the Moldovan products on the European markets,” stated the European official.

Prime Minister Iurie Leanca thanked the administration of the VEF for the idea of staging this event in Chisinau. “It is a good occasion for discussing the new cooperation opportunities that will appear when Moldova signs the Association Agreement with the EU and when the Deep and Comprehensive Free Trade Area is created. Our objective is to place Moldova on the political and economic man of Europe,” he stated.

The Premier assured that Moldova is determined to extend the reforms aimed at liberalizing the economy, to remove trade barriers and to fight corruption.

The Vienna Economic Forum in Chisinau continues today, June 11. The discussions will center on projects that could be implemented in different areas, the current challenges and on the prospects of attracting investments.