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May 6, 2021
BUSINESS

European Parliament ratifies Association Agreement with Republic of Moldova

The European Parliament (EP) has ratified on Thursday the European Union – Republic of Moldova Association Agreement, which includes a Deep and Comprehensive Trade Agreement, an EP communiqué informs.
The association agreement, which represents the basis for a stronger political association and economic integration between the EU and Moldova, offering free market access to both signatories, was approved with 535 votes in favor, 94 against and 44 abstentions, the communiqué informs. In the resolution that accompanies the agreement, approved with 529 votes in favor, 96 against and 46 abstentions, the MEPs emphasized that the signing of the document on June 27 and its ratification “does not represent a final goal” in EU – Republic of Moldova relations.
“The ratification of the EU-Moldova Association Agreement is a clear acknowledgment of the success of Moldova’s political and economic reform process, which establishes its European prospects and bears witness to its determination to eventually join the EU,” rapporteur Petras Austrevicius stated. “It’s time to congratulate the Moldovan people for this historic success, especially in the context of the future parliamentary elections on November 30, which will be crucial for the country,” he added.
European MEPs emphasized the need to implement the agreement fully and have asked for a comprehensive campaign of information about its benefits for Moldovan citizens.
The agreement covers “the Republic of Moldova’s entire internationally-recognized territory” and Transnistria has to be a subject of the agreement as an integral part of that territory, the MEPs emphasized. They added that the EU has to play a more important role in finding a solution for an effective clarification of the Transnistrian situation between Chisinau and Tiraspol.
To come into force, the Association Agreement has to be ratified by the national parliaments of all EU member states. Parts of the agreement, including the Deep and Comprehensive Free Trade Agreement, have been applied temporarily from September 1. The agreement was ratified by the Republic of Moldova on July 2.

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