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EBRD Office in Washington D.C. has reiterated the support for accomplishing the priorities of the Strategy for Moldova

EBRD Office in Washington D.C. has reiterated the support for accomplishing the priorities of the Strategy for Moldova
11 February 2019, Washington D.C. – The European Bank for Reconstruction and Development (EBRD) is one of the strategic partners of the Republic of Moldova, providing constant support to national authorities, business communities and foreign investors in key sectors. The statement was made by the Minister of Foreign Affairs and European Integration, Tudor Ulianovschi, at the meeting with the Director of the EBRD Office in Washington D.C., Michele Small, which took place at the end of the last week in the USA.

Minister Tudor Ulianovschi mentioned the support offered by EBRD through projects for the promotion of economic and social development, science and innovation, infrastructure rehabilitation, support of the integration in European energy markets and the diversification of energy sources.

The officials have exchanged views on streamlining the bilateral cooperation between Republic of Moldova and the EBRD office in Washington, through different projects supported by the financial institution, in the USA, Canada and Mexico. In context, Tudor Ulianovschi and Michele Small have agreed upon maintaining a strong communication, via the Embassy of the Republic of Moldova to the United States of America.

The Director of the EBRD Office in Washington D.C. appreciated the efforts of the Moldovan authorities in implementing reform and modernisation projects in the Republic of Moldova, especially by improving the business environment, reducing bureaucracy and ensuring stability in the banking sector. Michele Small has mentioned that this will transform Republic of Moldova into an attractive destination for foreign investors, including companies from the USA. She confirmed the availability of the EBRD to further support Republic of Moldova in the reform implementation process that targets to ensure a durable economic development and has reiterated the full support in the development of the Moldovan-American Business Council.

Since the beginning of its activity in our country, EBRD has financed over 125 projects worth 1.25 billion Euros.

Minister Tudor Ulianovschi has undertaken a working visit to the USA between the 5th and 8th of February 2019. The working agenda of the head of Moldovan diplomacy, besides participating at the reunion of the Global Coalition to defeat ISIS, has included a series of bilateral meetings with officials from the Department of State, National Security Council and U.S. Congress.