BUCHAREST: Moldova and Romania pledged on Wednesday (Mar 1) to boost economic ties following Russia's invasion of neighbouring Ukraine, and Bucharest reiterated support for Chisinau's bid to join the European Union. On his first trip abroad since taking office last month, Moldovan Prime Minister Dorin Rece
BUCHAREST: Moldova and Romania pledged on Wednesday to boost economic ties following Russia's invasion of neighbouring Ukraine, and Bucharest reiterated support for Chisinau's bid to join the European Union.
Moldova has been hit hard by the economic fallout of the war in Ukraine, which borders both Moldova and Romania, and tensions with Russia have risen over the war in Ukraine and the tiny former Soviet republic's EU accession bid. "We will soon integrate our financial markets and Bucharest's capital market will be accessible to Chisinau. I call on entrepreneurs from both banks of the Prut to develop business and use all the economic potential."
Cuica said bilateral trade grew by US$1.2 billion last year to more than US$3.5 billion, and that he saw big potential for more.
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