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Vessel under the Moldovan flag caught with 1.4 tonnes of cocaine and detained in Spain



Ten citizens of Turkey, Ukraine, Georgia, and Bulgaria – crew members 0f a ship under the Moldavian flag with 1,4 tons of cocaine was detained in Spain. During the joint operation of police officers and the Spanish Navy, cocaine packages of 30 kilos each were found. The balloons were tied to each other to be thrown into the water in an emergency. The Spanish police intercepted the ship near the Canary Islands.

According to Spanish RTVC, the vessel started from Turkey to South America and then crossed the Atlantic Ocean in early October.

According to IP Captaincy of Giurgiulesti Port, the ship “BREATH” was provisionally recorded in the State Register of Vessels of the Republic of Moldova and is currently in the process of issuing documents for permanent registration.

At the time of provisional registration of the ship, the competent institutions verified the vessel’s history, the shipowner’s identity, and because there were no suspicions, the ship was accepted for provisional registration.

This was to be submitted to the flag state inspectors for examination before permanent registration.

“Such crimes do not depend on the ship’s flag but are committed by the ship’s crew and largely without the shipowner or the owner being aware of these illegal activities,” the institution said.

IP Captain of Giurgiulesti Port specified that the Republic of Moldova will not be sanctioned internationally, as the flag state is not responsible for the commercial activity of the shipowners under its flag.

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Andrian Candu: “The early parliamentary elections will be held in the mixed electoral system”



Former Parliament Speaker, Democratic Party Vice-President Andrian Candu argues that in the event of early parliamentary elections, the ballot will be conducted according to the mixed electoral system.

According to him, early elections organized under another system is “impossible.”

“If anyone thinks that the anticipated elections will be organized on a mixed system, they are very wrong, and I want to assure everyone that the early parliamentary elections will be organized in the same system – the mixed system”, said Andrian Candu in a interview.

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A Moldovan peacekeeper from KFOR won 3rd place at the Dancon March after walking 25 km with a 10kg rucksack



The National Army deployed in the KFOR (Kosovo Force) operation recently participated in the first edition of this year’s DANCON March (Danish Contingency), organized by the Danish military.

According to Lieutenant Colonel Ion Godoroja, commander of KFOR-10, more than 600 soldiers from 28 countries participating in the KFOR operation were enrolled in the competition.

They traveled 25 km to Novo Selo, Kosovo, wearing a 10kg backpack.

Eight officers and non-commissioned officers of the National Army participated at DANCON March, and one of them – Major Lieutenant Vasile Olari, got ranked third in the competition, managing to finish the journey in 2 hours 02 minutes.

According to the rules, the participants paid a symbolic fee of 20 euros. The money collected was donated to Danish army war veterans and a Kosovo school where children with special needs are educated.

DANCON March is a tradition of the Danish Army dating back to 1972. So far, the march has taken place in Bosnia, Kosovo, Iraq, Afghanistan, and other countries where the Danish army has deployed troops.

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Moldova Business Week 2018: Opportunities to attract investment in tourism and ICT, to the attention of experts

Moldova Business Week is the most important national business event organized in Chisinau since 2014. Each year the forum brought together a large number of authorities, economic agents from all sectors of the economy, importers, exporters, financiers from the country and over the border, and the interaction between the participants culminated in the conclusion of dozens of partnerships, which contributed to the development of the national economy. The 2018 edition takes place between 27-29 November and is organized by the Investment Agency under the aegis of the Government of the Republic of Moldova.



The tourism and ICT sectors have great potential for growth and the ability to boost the economic development of the Republic of Moldova.

The second day of Moldova Business Week 2018 – the most important national business event organized in Chisinau – was dedicated to the investment attractiveness of the seven strategic branches of the national economy: Energy, Infrastructure, Automotive and Electronics, Information Technology and Communications, Agriculture and Food Industry, Tourism, Light Industry.

Moldova’s tourist offer meets the requirements of foreign visitors

Worldwide, according to the World Tourism Organization data, this sector generates a turnover of about 1300 billion USD, representing 10% of global GDP, 30% of total exports or 7% of total exports, and one in ten jobs are generated by tourism. This is the industry with the fastest growing growth rate internationally, tripling its earnings from 2000 to the present, and the WTO predicts maintaining this trend until 2030.

Within the “Moldova Business Week 2018”, the discussion panel dedicated to the tourism sector brought together representatives of the ministries, officials, and guests from Hungary and Georgia, as well as actors from the private sector. The moderator of the presentation and discussion block was the general manager of the Investment Agency, an institution responsible for promoting and attracting foreign capital.

Republic of Moldova – an important IT destination on the regional market

The IT industry is the fastest growing sector in the national economy and 80% of the IT products created in the country are destined for export. One of the success stories of the sector is the IT Park – it comprises 299 companies, 87 of which come from 25 countries, and the forecast for the first financial year shows that revenues of 1.8 billion lei will be collected.

“The US is committed to supporting the Republic of Moldova in order to remain a developed and prosperous state. We will continue to strengthen economic relations between the US and the Republic of Moldova, and to this end economic and political reforms are needed, while businesspeople need a stable economic environment. IT sector development revolutionizes the global economy and connects producers and consumers around the world. Since 2006, Moldova has grown 20 times its ICT services and products and this growth is accelerating. ICT exports increased by 45% in 2017, and sector growth generally reached 15% per year. This field employs 20,000 people, of which 13,000 in the Software. Due to attractive salaries, this sector has the ability to preserve human capital in the country. This “boom” is due to the fact that the public and private sectors have stepped up their efforts and set up a partnership to modernize the ICT sector, ” declared the US Ambassador to Moldova, Dereck J. Hogan.

The Republic of Moldova has a geographical position that allows it to penetrate western and eastern markets, and highly qualified workforce is one of the advantages that can guarantee the development of this sector.

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