The continuing development and close economic links between countries of the Eurasian Economic Union (Russian Federation, Republic of Kazakhstan, Republic of Belarus, Kyrgyz Republic, Republic of Armenia), and close historic ties between CIS countries encourage constant cooperation between the countries, increase the volume of mutual trade and number of business projects between the companies from these countries.
In 2020, the ECHR ordered Moldova to pay more than 1.9 million euros in 28 cases it lost in court
This was reported by the Association of Lawyers for Human Rights, noting that in general, with regard to Moldova in 2020, the European Court of Human Rights issued 32 decisions (54 in 2019), while 28 decisions found at least one violation of the Convention by RM.
"Moldovagaz" through its subsidiary "Transavtogaz" will continue to develop its presence on the gas motor fuel market of Moldova
"Moldovagaz" through its subsidiary "Transavtogaz" will continue to develop its presence on the gas motor fuel market of Moldova by modernizing a number of existing compressor stations and building new ones.
Moldova will reduce foreign investors’ minimum investment
Moldova will reduce foreign investors’ minimum investment from 60 to 30 average monthly salaries in the economy and take other measures to improve the investment climate in the country.
Moldova extended until June 30 the deadline in which companies from Transnistria can import goods through the checkpoints Pervomaisk-Cuciurgan, Goianul Nou-Platonovo and Novosavitskoe-Cuciurgan in a preferential mode, without collecting import or export duties from them.
In 2021, most of the local fees in Chisinau increased, some fees were introduced for the first time
The decision of the Chisinau Municipal Council on the approval and application of local taxes for 2021 was published on the website of the mayor's office. According to the document, from this year a fee for sanitary cleaning will be levied, it will amount to 10 lei per month from owners of residential real estate (houses, apartments). Children, pensioners and persons with disabilities are exempted from this fee.
Since January 1, in Moldova, cash payments between enterprises are allowed only within the limits of 100 thousand lei per month
At the same time, the size of one transaction between economic entities cannot exceed 10 thousand lei. The corresponding changes in the legislation came into force on January 1, 2021. To enterprises, institutions and organizations, regardless of their type of ownership and legal form, making payments for their financial obligations in cash, including through a cash payment terminal (cash-in terminal), in an amount exceeding the monthly limit of 100 thousand lei, sanctions will be applied.
The NCFM suspended the activities of 5 non-bank credit organizations
The Administrative Council of the National Commission on the Financial Market suspended for three years the activities of non-bank credit institutions Credit Market, Microcapital, E-Cash and Rosst-X on the basis of decisions of the general meetings of shareholders of these organizations, as well as non-bank credit organization Realty Capital - in accordance with the decision of the only associated person of this non-bank credit organization.
The government has approved a new Law on Ambient Air Quality
The document provides for a new concept for the creation of the National System for Integrated Monitoring and Air Quality Management throughout Moldova and introduces new principles for air quality management.