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Russia to mount investment cooperation with Moldova – Lavrov

Russia is the main trade partner of Moldova, and bilateral trade has grown by 46.3% in the past two years

CHISINAU, November 22 (Itar-Tass) —— Russia will mount investment cooperation with Moldova, Foreign Minister Sergei Lavrov said after a working meeting with Moldovan Prime Minister Vlad Filat.

“Our trade nears $2 billion. We want to consolidate this trend with bigger investments, which still fall short the potential,” he said.

The interlocutors said that bilateral trade and economic contacts had been mounting, a source at the Moldovan government’s press service told Itar-Tass. They welcomed “the fulfillment of the earlier agreements, including those reached by the two prime ministers,” he said.

Russia is the main trade partner of Moldova, and bilateral trade has grown by 46.3% in the past two years. Russia contributes to the solution of Moldovan financial problems on the international level. The Russian market is open to Moldovan commodities and labor force; energy supply to Moldova is long-term, and exports of Moldovan fruit and vegetables to Russia are broadening.

“This cooperation allows us to bolster investments in energy, agriculture and infrastructure,” the Russian Foreign Ministry told reporters ahead of Lavrov’s visit to Moldova.

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