Moldova has a favorable legal framework and an advantageous geographical position and benefits from free  trade with the EU and the CIS. We are ready to discuss different cooperation forms, Prime Minister Pavel Filip stated in a meeting with representatives of two Chinese companies that are ready to invest in Moldova, IPN has learned from the Government’s press service.

Pavel Filip told his interlocutors that a governmental team is negotiating a Free Trade Agreement between Moldova and China. He said he appreciates the traditional relations of friendship with the People’s Republic of China and the developing bilateral commercial-economic cooperation relations.

The Premier noted that the procedure for entering Moldova was simplified for Chinese citizens in order to stimulate the bilateral relations. These no longer need an invitation for the purpose and those who have a visa or a permit of stay for the U.S., a Schengen state or an EU member state do not need a visa. Pavel Filip encouraged the Chinese companies to take part in the implementation of projects in the strategic sectors of Moldova, such as the road, railway and airport infrastructure, budding of water supply systems energy sector and waste processing.

Currently, 85 Chinese companies operate in Moldova. Trade between Moldova and China in January – May this year was over US$ 245 million, an increase of 36% compared with the corresponding period last year. China is the fifth largest commercial partner of Moldova.