On the proposal for a regulation of the European Parliament and of the Council on establishing the Reform and Growth Facility for the Republic of Moldova
INTA-PA-766713
Committee on International Trade · Rapporteur: Bogdan Andrzej Zdrojewski
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The draft opinion proposes amendments to the proposed regulation establishing the Reform and Growth Facility for Moldova, focusing on strengthening economic criteria and market economy requirements.¶¶ It adds references to building a functioning market economy, improving SME support, reducing state enterprise dominance, and enhancing economic integration with the EU single market.¶¶ The amendments also emphasize regulatory approximation, market access liberalization, and alignment with EU climate goals.¶¶
Committee position. The Committee on International Trade proposes amendments to strengthen the economic aspects of the proposed regulation, particularly by adding explicit references to building a functioning market economy and enhancing economic integration with the EU.¶¶¶
Key points
- Adds that the Facility should help Moldova fulfil the economic criteria of building a functioning market economy capable of coping with competitive pressure and market forces within the EU.¶
- Specifies that progressive integration into the single market should be based on opportunities offered by the Deep and Comprehensive Free Trade Area, to prepare Moldova for accession.¶
- Includes building a functioning market economy in the list of fundamentals of the enlargement process.¶
- Replaces the objective on accelerating transition with support for building a functioning market economy, stabilizing investment environment, improving growth potential, reducing state-owned enterprise dominance, and supporting SMEs.¶
- Adds regulatory approximation and market access liberalisation to foster economic integration with the single market.¶
- Changes the objective on connectivity to improve sustainable connectivity in line with trans-European networks.¶
- Adds that Moldova should accelerate its transition toward a sustainable, climate-neutral and inclusive economy, with support to reach climate neutrality by 2050.¶
- Clarifies that support from the Facility is complementary to other Union programmes, including macro-financial assistance, and ensures no duplication.¶
- Requires the Reform Agenda to reflect assessments on the existence of a functioning market economy and capacity to cope with competitive pressure.¶
- Adds that explanations of measures should include how they strengthen a functioning market economy.¶