Moldova maintains its participation in a number of agreements within the Commonwealth, mainly in the trade, economic and social sectors. Cooperation with CIS countries will continue in bilateral and multilateral formats.
The authors of the draft law note that as a result of the denunciation, the annual expenditures of the state budget will be reduced by about 3.1 million lei.
As it was written earlier Logos Press Moldova’s debt to the unified budget of the CIS bodies amounts to 7.45 million Russian rubles (approximately 1.6 million lei). This debt was formed in 2022 as a result of failure to fulfill the transfer of funds – Moldova then joined the international sanctions (SWIFT) against the Russian Federation and Belarus.
The agreement on the creation of the CIS and its Protocol were signed in December 1991 by 11 former union republics, including Moldova. The document cemented the end of the USSR. The CIS Charter, signed in 1993, defines the basic principles of the organization’s functioning.
To date, the Republic of Moldova has denounced about 70 agreements within the CIS in the process of harmonizing its national policy, legislation and economy with the standards and norms of the European Union.
