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Russian ambassador notes positive dynamics in trade between Russia and Moldova

Russian and Moldova are showing positive dynamics in the development of economic relations

CHISINAU, February 10 (Itar-Tass) —— Russia and Moldova are showing positive dynamics in the development of economic relations, Russian Ambassador to Moldova Valery Kuzmin said on Friday.

“Trade turnover between our countries in 2011 was two billion U.S. dollars. This is not the biggest figure in our trade relations but it is more than satisfactory in conditions of a regional economic crisis and bearing in mind that it showed a 27-percent growth from 2010,” the Russian diplomat said.

“Of special notice is the fact that at least 240,000 Moldovan citizens found jobs in Russia. In the past year alone, they transferred via official money transfer systems hundreds of millions U.S. dollars, which is a great help to their families in Moldova,” he noted. “Russia’s gas utility Gazprom supplied gas to Moldova without fails, while the Moldova power plant owned by the Russian investor met at least 50 percent of the republic’s electricity demand.”

At the same time, the Russian ambassador expressed concern over the violation of Russian investors’ copyright and patent rights in Moldova. “These cases are numerous and we are offering help to the investors,” he added.

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