Dr., Rodica CRUDU Assoc. Prof., Academy of Economic Studies of Moldova.

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Presentation transcript:

Dr., Rodica CRUDU Assoc. Prof., Academy of Economic Studies of Moldova

EU share of world exports and imports: 16.4 % — 2013 Foreign direct investment in EU: €3 947 billion — 2012 EU outbound foreign direct investment: €5 207 billion — 2012 Manufacturing trade surplus, oil excluded: more than €400 billion — 2013 Services trade surplus: €110 billion — % of the EU workforce depended directly or indirectly on exports to the rest of the world

Multilateral approach - an active role in the multilateral negotiations conducted under the auspices of the WTO. Bilateral approach - Deeper bilateral trade relations with individual countries and regions and the application of unilateral measures, such as the granting of preferential treatment to developing countries. Strategic approach - A strategy to target and remove specific barriers in key export markets.

Open new markets for goods and services Increase protection and opportunities for investment Make trade cheaper by cutting customs duties Speed up trade by making customs clearance easier and setting compatible technical and sanitary standards Create greater certainty through clear rules on intellectual property rights, competition and public procurement Support sustainable development by fostering cooperation, transparency and dialogue on social and environmental issues.

Eastern Neighborhood (Moldova, Ucraine, Georgia, Armenia); Peru and Colombia (2012); South Korea (2011); Chile (2003); Mexico (2000); South Africa (2000); Southern Mediterranean ( ); Central America (2012)

India ASEAN Mercosur Gulf Cooperation Council Japan Morocco United States: Negs for a Transatlantic Trade and Investment Partnership (TTIP) were launched in July could bring the EU economic gains of €119 billion a year.

China Russia

to boost employment and create a more modern, viable and sustainable economy. A solution to the economic crisis. Potential economic gains Fighting protectionism Additional opportunities for innovation and stronger productivity growth.

EU concluded negotiations for a DCFTA with: Ucraine (2011), Moldova, Armenia and Georgia (2013) as part of broader AAs. The AAs (including the DCFTAs) were ratified by Moldova, Georgia and Ukraine during the summer of !!! In September 2013, Armenia decided to join the CU with Russia and stopped the AA/ DCFTA process with the EU.