The International Business Forum in Cahul got Together Businessmen from Moldova, Romania, Ukraine, Iran, Turkey, Belarus and other Countries

On February, the 1st, about 250 economic operators from Moldova and partner countries participated at the International Business Forum - "Investing in Business, Investing in Future". The event was organized by the Chamber of Commerce and Industry of the Republic of Moldova with the support of Enterprise Europe Network, the Regional Development Agency South, Cahul, Cimișlia, Leova, Taraclia and Basarabeasca District Councils, in the framework of the XVII-th edition of the National Exhibition "MADE IN MOLDOVA".

Mr. Sergiu Harea, the president of the Chamber of Commerce and Industry, mentioned that the economic development of any state depends to a great extent on the regional development, which aims at intensifying and diversifying the economic activities, stimulating the investments in private sector and contributing to the reduction of unemployment and raising the living standard of the population.

"Today's event aims to contribute to strengthening and improving economic relations between companies from Moldova and potential partners from Romania, Belarus, Ukraine, Turkey, Iran and other countries. This is possible by encouraging the competitiveness of products and services, as a result of the growth of their competitiveness by creating a platform for discussion and presenting the investment opportunities of the Development Region South of the Republic of Moldova," said Mr. Sergiu Harea.

According to the president of the Chamber of Commerce and Industry, this event is the second one after the international forum dedicated to the promotion of the regional economy that took place on June 7, 2017, in Bălți municipality. The first event resulted in promising results for the companies from the Region North of the country.

Mrs. Iulia Costin, the State General Secretary of the Ministry of Economy and Infrastructure of the Republic of Moldova, has mentioned: "This forum is important for the development and the modernization of the economy. Such events offer to local producers the opportunity to establish and develop partnerships with foreign companies, to promote Moldovan products and attract financers to invest in the localities from the Southern Region of the Republic of Moldova".

The Trade Officer of the EU Delegation in Moldova, Mr. Vasile Plămădeală, stated that in the context of the bilateral relations between the Republic of Moldova and the European Union, especially the commercial ones, there is a positive evolution. One of the factors that contribute to the increase of the trade balance is the signing of the Free Trade Agreement between the RM and the EU. Thereby, 65% of our country's total exports goes to the European Union. Vasile Plămădeală said that 15% of all products for export belong to the machine-building industry, wiring, etc., the products that are new on the market of the Republic of Moldova.

Mr. Nicolae Dandis and Mr. Ion Groza, the hosts of the event and the heads of the local government, welcomed the presence of a large number of exponents of the national and international business environment in Cahul. They have also expressed their confidence that this investment forum will achieve its goals in promoting the economic potential of the area and create opportunities to attract investments in the Development Region South.

Later, there was a plenary session, where economic and investment opportunities of the Development Region South were discussed.

The forum ended with B2B meetings.