On the event of President Macron’s go to to Moldova on 15 June 2022, the primary go to by a French head of State since Jacques Chirac visited Chişinău in 1998, Mme Catherine Colonna, Minister for Europe and International Affairs, and her Moldovan counterpart, Mr Nicu Popescu, signed a bilateral taxation settlement. This new settlement is a crucial step ahead within the relationship of belief between our two international locations and can assist strengthen ties on the financial and monetary fronts. It can present a treaty framework for eliminating double taxation vis-à-vis cross-border enterprise operations and numerous types of particular person earnings. It can stop abuses, tax avoidance and tax evasion, in accordance with the newest worldwide requirements.
France is likely one of the very first international locations to spend money on Moldova, with €124 million of French funding inventory in 2019, and several other large-scale initiatives below approach. Commerce between France and Moldova is steadily growing and the taxation settlement will develop this and make sure the authorized safety of financial operators.
The ministers additionally signed an intergovernmental settlement on the actions of the French Growth Company (AFD) group in Moldova: this settlement, which lays the foundations for establishing the AFD, Proparco and Experience France in Moldova, paves the way in which for concrete partnerships between our two international locations. The AFD group is already absolutely mobilized to offer a response to the disaster linked to the implications of the conflict in Ukraine and help Moldova in its sustainable, honest convergence in direction of European Union requirements.
Because it pledged, particularly on the donors’ convention held in Berlin on 5 April as a part of the Moldova Assist Platform, France right now additionally signed off a €15-million price range help mortgage for Moldova to assist the nation cope with the financial and social penalties of the battle in Ukraine.
