News about Economy of Moldova

Farmers are not against the unification of the VAT rate in the agri-food sector, but are strongly opposed to the proposed increase of the rate more than twice – from 8% (on agricultural products and some food products) to the standard 20%.

Sugar industrial consumers are satisfied with the content of the dialog with the representatives of the Parliament and the Ministry of Economy on the new draft regulation on sugar imports in the Republic of Moldova. According to them, the authorities took into account the proposals of food industry associations and prepared a balanced draft decision, which provides for the introduction of annual quotas for sugar imports from CEFTA countries and Belarus.

Electrical equipment, plant products, furniture, fats and oils, as well as wines and beverages were the main categories of goods exported by Moldova to the European Union (EU) in 2025. The total value of Moldovan exports to the European market exceeded $2.55 billion.

Deputy Prime Minister, Foreign Minister Mihai Popşoi and Foreign Minister of the People’s Republic of China Wang Yi held talks in Beijing, during which they discussed, among other things, the possibility of launching a direct flight between the two states.

Anniversary XX Conference “ANRM: Two Decades of History. New partnerships. New Horizons” is scheduled for May 29, the forum will be held in Chisinau. At the conference, producers, exporters, experts and development partners will exchange opinions on the present and future of this capital-intensive, export-oriented sector of the fruit business in Moldova.

The Ministry of Labor and Social Protection is developing a new National Employment Program for 2027-2030 aimed at increasing formal employment, improving the quality of jobs and reducing social exclusion in the labor market.

Chisinau will not receive money, but the rigidity of criteria for evaluating economic policy will remain at the level of standard IMF loan agreements. Any violation of the reform schedule will instantly deprive Moldova of the status of a “reliable borrower” before other donors.

Energy Minister Dorin Jungietu demanded that the critical elements of the works at the Chisinau substation under construction, which will make it possible to put the station into operation, be completed by the end of this month, while the rest of the works should be completed by the end of June.

The Law on Accounting and Financial Reporting is amended to increase the financial criteria for determining the categories of enterprises and groups of companies. The new limits will apply to the classification of microenterprises, small, medium and large entities, and groups of companies. The relevant amendments were adopted by the Parliament in the second reading and will come into force on January 1, 2027.

UPDATED. Parliament approved in the first reading the reform of the National Anti-Corruption Center. The bill expands the Center’s powers, introduces a third deputy director position and allows the head of the agency to be elected for two terms. The initiative was hotly contested due to rising budget costs and institutional risks, and the vote itself took place amid a scandal in the session hall.

The process of developing the National Program for Agricultural Resilience for the period 2027-2030 was discussed by representatives of agri-food sector associations with the leadership of the MAIA Ministry of Agriculture and Food. The purpose of the dialog is to collect information and proposals from the economic actors of this sector on the implementation of advanced production and commercial models, as well as the adaptation of the rural economy to climate change.

New phytosanitary requirements for wheat supplies to the Indonesian market will come into force on June 1, 2026. The Ministry of Agriculture and Food Industry of MAIA notified Moldovan traders interested in supplying grain to the market of this country.

The Republic of Moldova will be supported in harmonizing its activities with EU legislation in the field of agriculture and rural development. An agreement on this issue was signed in Rome between the Ministry of Agriculture and Food Industry (MAIA) and the Mediterranean Agronomic Institute of Bari (CIHEAM Bari).

The economic relations between Moldova and the BENILUX countries will get a new impetus thanks to the organization of a special business forum scheduled for June 11, 2026 in Maastricht, Kingdom of the Netherlands.

The government has approved the transfer of the tourism sector to the Ministry of Economic Development and Digitalization. This measure has already been welcomed by the Patronage Association of the Tourism Industry of the Republic of Moldova, which considers it a step towards an “economic approach” in this field.

Russian President Vladimir Putin’s two-day visit to China ended on May 20. In the morning, final negotiations between the Russian and Chinese delegations took place, which ended with the signing of more than 40 agreements and treaties between the countries.

In Petresti commune, Ungheni, a general meeting of the village was held on May 17, attended by about 300 residents. Two important issues were on the agenda: the adjustment of the results of the 2024 census and the unification initiative.

From May 19 to 21, 2026, the State Tax Service will host an official delegation of the Swedish Tax Agency as part of the final phase of the implementation of the Cooperation Agreement between the two institutions.

Moldovan wine producer Purcari acquires the winery SERVE Ceptura, a Romanian wine producer located in the commune of Ceptura, Dealu Mare. The transaction is at the stage of finalization.

The MAIA Ministry of Agriculture and Food Industry, as well as a number of subordinate bodies and institutions “are subject to reorganization and institutional restructuring”. The aim of the process is to adapt the administrative system to the new responsibilities related to European integration and to the transformations in the agri-food sector.