The Association Agreement is a concrete way to take advantage of the very positive dynamics in EU-Moldova relations. It focuses on support for core reforms, economic recovery, governance, sector cooperation and the far reaching liberalisation of Moldova's trade with the EU.
THE ASSOCIATION AGREEMENT IN A NUTSHELL
What are the objectives of the Association Agreement?
The Association Agreement aims to deepen political and economic relations between Moldova and the EU, and to gradually integrate Moldova into the EU Internal Market-the largest single market in the world. This includes the setting up of a Deep and Comprehensive Free Trade Area (DCFTA), which is a core part of the Agreement.
What are the main areas of cooperation?
Core reforms: reforms are foreseen in a number of key areas, including public governance, justice, law enforcement, economic recovery and growth, consumer protection and sectors such as energy, transport, environmental protection, industrial development, social development and protection, education, youth and culture.
Values: The Agreement puts a strong emphasis on democracy and the rule of law, human rights and fundamental freedoms, good governance, a well-functioning market economy and sustainable development.
Trade: The Agreement will offer Moldova a framework for modernising its trade relations and for economic development by the opening of markets through the progressive removal of customs tariffs and quotas, and by the extensive harmonisation of laws, norms and regulations in various trade-related sectors. This will create the conditions which allow key sectors of the Moldovan economy to EU standards.
How will citizens benefit from the Association Agreement?