EU and Moldova extend Road Transport Agreement until 31 December 2025
The EU and Moldova decided on 26 March to extend the validity of their current Road Transport Agreement until 31 December 2025. By partly liberalising road freight transport giving transit and bilateral transport rights to Moldovan and EU hauliers for their respective territories, the Agreement helps better anchor the Moldovan market into the EU. This agreement with Moldova, first signed on 29 June 2022[1], has substantially increased exports by road from Moldova to the EU, to the benefit of both economies.
It was put in place following the loss of important transport routes passing through Ukraine's Black Sea ports and export markets to the east of Ukraine caused by the Russian war against Ukraine. The Agreement has also strengthened the EU-Ukraine Solidarity Lanes[2], by facilitating road transport between the EU and Moldova, which is an important country of transit for Ukrainian exports and imports. Exports by road from Moldova to the EU increased by 27% in volume in the third quarter of 2022 and by 35% in the third quarter of 2023, compared to the same respective periods in 2021.
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References
- ^ 29 June 2022 (eur-lex.europa.eu)
- ^ Solidarity Lanes (transport.ec.europa.eu)
- ^ Press release (neighbourhood-enlargement.ec.europa.eu)