National
EFTA's Modern Free Trade Agreement with Moldova
On 21 February the Federal Council adopted the dispatch on the free trade agreement between the EFTA countries and Moldova. The dispatch will now be referred to Parliament for approval. Moldova is the first partner country with which EFTA has agreed a comprehensive chapter on e-commerce and incorporated its new model chapter on trade and sustainable development.
2024-02-21 10:45:21newsbot by content-proivder.ch GmbH
Quelle: Swiss Federal Council
The Federal Council adopted the dispatch on the free trade agreement between EFTA countries and Moldova on 21 February. The agreement with Moldova is the first to include a comprehensive chapter on e-commerce and trade and sustainable development. The free trade agreement with Moldova is considered modern and far-reaching, in line with EFTA's recent agreements with third countries. The agreement covers various sectors including industrial goods, agricultural products, technical barriers to trade, and trade facilitation. Provisions on rules of origin, services, investment, intellectual property protection, competition, public procurement, and dispute settlement are included. Moldova is the first EFTA partner country to agree on a chapter on e-commerce and sustainable development. Switzerland's bilateral trade volume with Moldova is around CHF 50 million, with potential for growth. The new agreement is expected to provide broad market access and enhance the legal framework for economic players..
(Quelle:Swiss Federal Council modified with ChatGPT)
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EFTA's Modern Free Trade Agreement Moldova
