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Thursday, September 21, 2017

EIB pledges DCFTA support measures at EU-Moldova Investment Conference

The European Investment Bank (EIB) took part in the EU-Moldova Investment Conference in Chisinau on Thursday.

The conference addressed investment opportunities in Moldova after it decided to sign an association agreement, including the Deep and Comprehensive Free Trade Area (DCFTA) with the EU.

EIB Vice President Wilhelm Molterer, who represented the EU Bank at the conference, outlined several DCFTA support measures that the EIB will implement to increase access to finance for Moldovan businesses, step up trade, boost infrastructure lending to attract foreign direct investment and improve support for agriculture.

Keynote speakers included President of the European Commission Jose Manuel Barroso and Prime Minister of Movldova Iurie Leanca.

Since establishing operations in Moldova in 2007, the EIB has lent approximately $677 million to support private sector development, infrastructure and the environment, the highest level per capita among all of the Eastern Partnership countries.