Abstract
One of the conditions for increasing the competitiveness of the national economy of Moldova is the promotion of the export of competitive goods. Considering that the Republic of Moldova is mainly relying on its agri-food sector, and it was granted the status of a candidate country for accession to the European Union, the object of research is the Competitiveness of Moldova’s Agrifood Trade. The principal purpose of this study is to determine the directions for modernizing the structure of the agri-food complex to increase its competitiveness in the context of deepening the integration processes in the European space. The authors assessed the trends and prospects for the trade of food products and agricultural raw materials between Moldova and European Union countries. In this aim statistical and econometric methods were applied. The results of the study showed that a promising direction in the development of economic relations between Moldova and the European Union was the formation of clusters with a high potential for competitiveness. For a better integration into the European food products market with minimal loss, there is a strong need in establishing direct economic links and implementation of joint investment projects.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.