{"id":446275,"date":"2018-12-22T09:46:56","date_gmt":"2018-12-22T09:46:56","guid":{"rendered":"http:\/\/www.moldova.org\/en\/?p=446275"},"modified":"2018-12-22T09:48:16","modified_gmt":"2018-12-22T09:48:16","slug":"4-years-dcfta-changed-since-moldova-signed-association-agreement-eu","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/4-years-dcfta-changed-since-moldova-signed-association-agreement-eu\/","title":{"rendered":"4 Years of DCFTA. This is what has changed since Moldova signed the Association Agreement with the EU"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><p>Four years ago, Moldova and the European Union signed the Association Agreement, which led to the creation of a Deep and Comprehensive Free Trade Area (DCFTA) between both parties. The opportunities offered by DCFTA in these years have allowed export growth and the creation of at least <strong>15,000 new jobs<\/strong> in our country.<\/p>\n<div id=\"aesop-image-component-480579-1\" class=\"aesop-component aesop-image-component \">\n<div class=\"aesop-content\">\n<figure class=\"aesop-image-component-image aesop-component-align-center aesop-image-component-caption-left\">\n<p class=\"aesop-img-enlarge\"><i class=\"aesopicon aesopicon-search-plus\"><\/i>\u00a0ENLARGE<\/p>\n<p><a class=\"aesop-lightbox\" title=\"\" href=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU9709.jpg\"><img decoding=\"async\" src=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU9709.jpg\" alt=\"RBU9709\" \/><\/a><\/figure>\n<\/div>\n<div class=\"aesop-image-overlay-content\"><\/div>\n<\/div>\n<p>To celebrate this anniversary, several regional businesses, business associations,\u00a0and entrepreneurs met in Comrat. Businessmen from Gagauzia spoke about how the EU helped them to develop their business and what impact the implementation of DCFTA had on their work.<\/p>\n<h1>What is DCFTA, really?<\/h1>\n<p>In essence,<strong> the creation of a Deep and Comprehensive Free Trade Area was aimed at removing tariff and non-tariff barriers of trade between Moldova and the EU<\/strong>. According to an Expert-Grup analysis, after four years of DCFTA implementation, the European Union remains the most important and reliable trading partner for domestic producers.<\/p>\n<div id=\"aesop-image-component-480579-2\" class=\"aesop-component aesop-image-component \">\n<div class=\"aesop-content\">\n<figure class=\"aesop-image-component-image aesop-component-align-center aesop-image-component-caption-left\">\n<p class=\"aesop-img-enlarge\"><i class=\"aesopicon aesopicon-search-plus\"><\/i>\u00a0ENLARGE<\/p>\n<p><a class=\"aesop-lightbox\" title=\"Antreprenorii \u0219i-au \u00eemp\u0103rt\u0103\u0219it experien\u021ba \u00een cadrul evenimentului desf\u0103\u0219urat la Comrat \" href=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU9939.jpg\"><img decoding=\"async\" src=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU9939.jpg\" alt=\"RBU9939\" \/><\/a><figcaption class=\"aesop-image-component-caption\">Entrepreneurs shared their experience at the event in Comrat<\/figcaption><\/figure>\n<\/div>\n<div class=\"aesop-image-overlay-content\"><\/div>\n<\/div>\n<p>More than two-thirds of all Moldovan exports reach the EU and their net increase reached<strong> 367 million euros<\/strong> in the period 2015-2017. This increase led to the creation of at least 15,000 new jobs in our country. Expert-Grup specialists believe that in the absence of DCFTA, our state budget<strong> would have lost over 7 billion lei<\/strong>\u00a0in revenue and the private sector would have lost at least <strong>320 million euros<\/strong>\u00a0in fixed capital investment.<\/p>\n<blockquote>\n<ul>\n<li>2\/3 of exports \u21d2 EU<\/li>\n<li>\u21d1 367 million euros increase<\/li>\n<li>15,000 new jobs<\/li>\n<li>\u21d3 7 billion lei from the budget &#8211; LOSSES AVAILABLE<\/li>\n<li>\u21d3 320 million euros from the private sector &#8211; losses EVITA<\/li>\n<\/ul>\n<\/blockquote>\n<p><strong>&#8220;The potential of opportunities offered by DCFTA for Moldovan enterprises is yet to be fully explored. Free access to the European Union market gives companies the opportunity to grow, and we encourage them to make every effort to do this,&#8221;<\/strong> says Vasile Pl\u0103m\u0103deal\u0103, Trade Counselor at the EU Delegation in Moldova.<\/p>\n<div id=\"aesop-image-component-480579-3\" class=\"aesop-component aesop-image-component \">\n<div class=\"aesop-content\">\n<figure class=\"aesop-image-component-image aesop-component-align-center aesop-image-component-caption-left\">\n<p class=\"aesop-img-enlarge\"><i class=\"aesopicon aesopicon-search-plus\"><\/i>\u00a0ENLARGE<\/p>\n<p><a class=\"aesop-lightbox\" title=\"Vasile Pl\u0103m\u0103deal\u0103, consilier al Delega\u021biei UE \u00een R. Moldova\" href=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU0881.jpg\"><img decoding=\"async\" src=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU0881.jpg\" alt=\"RBU0881\" \/><\/a><figcaption class=\"aesop-image-component-caption\">Vasile Pl\u0103m\u0103deal\u0103, advisor to the EU Delegation in Moldova<\/figcaption><\/figure>\n<\/div>\n<div class=\"aesop-image-overlay-content\"><\/div>\n<\/div>\n<p>&#8220;It is therefore essential that the Moldovan authorities support businesses in fully capitalizing on the benefits offered by DCFTA by creating better business conditions and implementing the necessary trade-related reforms,&#8221; he adds.<\/p>\n<h1>&#8220;What soldier does not want to be general?&#8221;<\/h1>\n<p><strong>Ivan Cambur was of the same opinion, Executive Director of the Gagauzia Business Association &#8220;Next&#8221;. He says that DCFTA has so far been a positive experience for businessmen in Gagauzia. &#8220;Many companies in the region have received EU aid. I think this agreement provides a great incentive for young people to stay in their country and to invest. It is important that entrepreneurs with start-up ideas and the beginners are supported,&#8221;<\/strong> says Ivan Cambur.<\/p>\n<p>He believes that in the last four years, entrepreneurs from Gagauzia and from the rest of the country have been able to find out how many financing opportunities exist and especially that they are accessible. In addition, people who have had the courage to set up a business have understood that there are real chances to reach international markets.<\/p>\n[aesop_character img=&#8221;http:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/ivam_cambur.jpg&#8221; caption=&#8221;Ivan Cambur, Director of the &#34;Next&#34; Business Association in Gagauzia&#8221; align=&#8221;left&#8221; force_circle=&#8221;off&#8221;]\n\n<blockquote><p>&#8220;What soldier does not want to be general? Many companies have not looked at their business as an international one, but lately they have begun to think and turn to outside markets. I notice that access to information has increased. During these years many study visits were organized abroad.&#8221;<\/p><\/blockquote>\n<p>Businesses from different regions of the country, present at the Comrat event, shared their experience of accessing European grants and using the opportunities offered by DCFTA. Larisa and Gheorghe Cerven, owners of a small vineyard in Vulcanesti, Gagauzia, tell the story of how they managed to reduce their energy bill thanks to a European grant. With the money they received, they bought and installed solar panels on the roof of their inn. <strong>&#8220;In addition, thanks to this support, we have managed to create five new jobs in <\/strong>winery<strong> and five other jobs in the tourist inn. Our workers are all inhabitants of Vulcanesti and now they can build a future home,<\/strong>&#8221; says Larisa Cerven.<\/p>\n<div id=\"aesop-image-component-480579-4\" class=\"aesop-component aesop-image-component \">\n<div class=\"aesop-content\">\n<figure class=\"aesop-image-component-image aesop-component-align-center aesop-image-component-caption-left\">\n<p class=\"aesop-img-enlarge\"><i class=\"aesopicon aesopicon-search-plus\"><\/i>\u00a0ENLARGE<\/p>\n<p><a class=\"aesop-lightbox\" title=\"Larisa \u0219i Gheorghe Cerven, proprietarii unei mici vin\u0103rii din Vulc\u0103ne\u0219ti, G\u0103g\u0103uzia. FOTO: Facebook\" href=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/karagani-1.jpg\"><img decoding=\"async\" src=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/karagani-1.jpg\" alt=\"karagani-1\" \/><\/a><figcaption class=\"aesop-image-component-caption\">Larisa and Gheorghe Cerven, the owners of a small winery from Vulcanesti, G\u0103g\u0103uzia. PHOTO: Facebook<\/figcaption><\/figure>\n<\/div>\n<div class=\"aesop-image-overlay-content\"><\/div>\n<\/div>\n<h1>The potential of DCFTA has not been explored fully<\/h1>\n<p>Contrary to expectations, the biggest effects of trade liberalization with the EU were observed in the case of agri-food exports, although initially these products were not considered sufficiently competitive on the EU market. Thus, exports of agri-food <strong>increased by 44%, compared with the 11% increase in industrial exports<\/strong>, according to the Expert-Grup analysis.<\/p>\n<div id=\"aesop-image-component-480579-5\" class=\"aesop-component aesop-image-component \">\n<div class=\"aesop-content\">\n<figure class=\"aesop-image-component-image aesop-component-align-center aesop-image-component-caption-left\">\n<p class=\"aesop-img-enlarge\"><i class=\"aesopicon aesopicon-search-plus\"><\/i>\u00a0ENLARGE<\/p>\n<p><a class=\"aesop-lightbox\" title=\"\" href=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU1834.jpg\"><img decoding=\"async\" src=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU1834.jpg\" alt=\"RBU1834\" \/><\/a><\/figure>\n<\/div>\n<div class=\"aesop-image-overlay-content\"><\/div>\n<\/div>\n<p>The free trade agreement also had more profound macroeconomic implications, boosting economic growth, budget revenues, imports and investment, and employment. Thus, the DCFTA&#8217;s contribution to growth in exports to the EU, estimated at <strong>410 million dollars<\/strong> between 2015-2017, has boosted GDP growth by 7% or about <strong>1.5 billion dollars<\/strong>.<\/p>\n<div id=\"aesop-image-component-480579-6\" class=\"aesop-component aesop-image-component \">\n<div class=\"aesop-content\">\n<figure class=\"aesop-image-component-image aesop-component-align-center aesop-image-component-caption-left\">\n<p class=\"aesop-img-enlarge\"><i class=\"aesopicon aesopicon-search-plus\"><\/i>\u00a0ENLARGE<\/p>\n<p><a class=\"aesop-lightbox\" title=\"\" href=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU0715.jpg\"><img decoding=\"async\" src=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU0715.jpg\" alt=\"RBU0715\" \/><\/a><\/figure>\n<\/div>\n<div class=\"aesop-image-overlay-content\"><\/div>\n<\/div>\n<p>Economists say the potential of DCFTA has not yet been fully explored, especially since the first implementation period has been marked by the banking crisis, the political crisis, and the drought in 2015. <strong>&#8220;Therefore, in the years to come, the effects of DCFTA will be much more significant&#8221;<\/strong>, declared the Expert-Grup experts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>Four years ago, Moldova and the European Union signed the Association Agreement, which led to the creation of a Deep and Comprehensive Free Trade Area (DCFTA) between both parties. The opportunities offered by DCFTA in these years have allowed export growth and the creation of at least 15,000 new jobs in our country. \u00a0ENLARGE To [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":446276,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[5],"tags":[79,64,77,60,80,35,76,83,27,33,95,63,66],"class_list":["post-446275","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-economy","tag-business","tag-culture","tag-economy","tag-europe","tag-government","tag-important","tag-investments","tag-it","tag-moldova","tag-romania","tag-society","tag-tourism","tag-travel","post_format-post-format-gallery"],"content_social_share":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><p>Four years ago, Moldova and the European Union signed the Association Agreement, which led to the creation of a Deep and Comprehensive Free Trade Area (DCFTA) between both parties. The opportunities offered by DCFTA in these years have allowed export growth and the creation of at least <strong>15,000 new jobs<\/strong> in our country.<\/p>\n<div id=\"aesop-image-component-480579-1\" class=\"aesop-component aesop-image-component \">\n<div class=\"aesop-content\">\n<figure class=\"aesop-image-component-image aesop-component-align-center aesop-image-component-caption-left\">\n<p class=\"aesop-img-enlarge\"><i class=\"aesopicon aesopicon-search-plus\"><\/i>\u00a0ENLARGE<\/p>\n<p><a class=\"aesop-lightbox\" title=\"\" href=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU9709.jpg\"><img decoding=\"async\" src=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU9709.jpg\" alt=\"RBU9709\" \/><\/a><\/figure>\n<\/div>\n<div class=\"aesop-image-overlay-content\"><\/div>\n<\/div>\n<p>To celebrate this anniversary, several regional businesses, business associations,\u00a0and entrepreneurs met in Comrat. Businessmen from Gagauzia spoke about how the EU helped them to develop their business and what impact the implementation of DCFTA had on their work.<\/p>\n<h1>What is DCFTA, really?<\/h1>\n<p>In essence,<strong> the creation of a Deep and Comprehensive Free Trade Area was aimed at removing tariff and non-tariff barriers of trade between Moldova and the EU<\/strong>. According to an Expert-Grup analysis, after four years of DCFTA implementation, the European Union remains the most important and reliable trading partner for domestic producers.<\/p>\n<div id=\"aesop-image-component-480579-2\" class=\"aesop-component aesop-image-component \">\n<div class=\"aesop-content\">\n<figure class=\"aesop-image-component-image aesop-component-align-center aesop-image-component-caption-left\">\n<p class=\"aesop-img-enlarge\"><i class=\"aesopicon aesopicon-search-plus\"><\/i>\u00a0ENLARGE<\/p>\n<p><a class=\"aesop-lightbox\" title=\"Antreprenorii \u0219i-au \u00eemp\u0103rt\u0103\u0219it experien\u021ba \u00een cadrul evenimentului desf\u0103\u0219urat la Comrat \" href=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU9939.jpg\"><img decoding=\"async\" src=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU9939.jpg\" alt=\"RBU9939\" \/><\/a><figcaption class=\"aesop-image-component-caption\">Entrepreneurs shared their experience at the event in Comrat<\/figcaption><\/figure>\n<\/div>\n<div class=\"aesop-image-overlay-content\"><\/div>\n<\/div>\n<p>More than two-thirds of all Moldovan exports reach the EU and their net increase reached<strong> 367 million euros<\/strong> in the period 2015-2017. This increase led to the creation of at least 15,000 new jobs in our country. Expert-Grup specialists believe that in the absence of DCFTA, our state budget<strong> would have lost over 7 billion lei<\/strong>\u00a0in revenue and the private sector would have lost at least <strong>320 million euros<\/strong>\u00a0in fixed capital investment.<\/p>\n<blockquote>\n<ul>\n<li>2\/3 of exports \u21d2 EU<\/li>\n<li>\u21d1 367 million euros increase<\/li>\n<li>15,000 new jobs<\/li>\n<li>\u21d3 7 billion lei from the budget &#8211; LOSSES AVAILABLE<\/li>\n<li>\u21d3 320 million euros from the private sector &#8211; losses EVITA<\/li>\n<\/ul>\n<\/blockquote>\n<p><strong>&#8220;The potential of opportunities offered by DCFTA for Moldovan enterprises is yet to be fully explored. Free access to the European Union market gives companies the opportunity to grow, and we encourage them to make every effort to do this,&#8221;<\/strong> says Vasile Pl\u0103m\u0103deal\u0103, Trade Counselor at the EU Delegation in Moldova.<\/p>\n<div id=\"aesop-image-component-480579-3\" class=\"aesop-component aesop-image-component \">\n<div class=\"aesop-content\">\n<figure class=\"aesop-image-component-image aesop-component-align-center aesop-image-component-caption-left\">\n<p class=\"aesop-img-enlarge\"><i class=\"aesopicon aesopicon-search-plus\"><\/i>\u00a0ENLARGE<\/p>\n<p><a class=\"aesop-lightbox\" title=\"Vasile Pl\u0103m\u0103deal\u0103, consilier al Delega\u021biei UE \u00een R. Moldova\" href=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU0881.jpg\"><img decoding=\"async\" src=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU0881.jpg\" alt=\"RBU0881\" \/><\/a><figcaption class=\"aesop-image-component-caption\">Vasile Pl\u0103m\u0103deal\u0103, advisor to the EU Delegation in Moldova<\/figcaption><\/figure>\n<\/div>\n<div class=\"aesop-image-overlay-content\"><\/div>\n<\/div>\n<p>&#8220;It is therefore essential that the Moldovan authorities support businesses in fully capitalizing on the benefits offered by DCFTA by creating better business conditions and implementing the necessary trade-related reforms,&#8221; he adds.<\/p>\n<h1>&#8220;What soldier does not want to be general?&#8221;<\/h1>\n<p><strong>Ivan Cambur was of the same opinion, Executive Director of the Gagauzia Business Association &#8220;Next&#8221;. He says that DCFTA has so far been a positive experience for businessmen in Gagauzia. &#8220;Many companies in the region have received EU aid. I think this agreement provides a great incentive for young people to stay in their country and to invest. It is important that entrepreneurs with start-up ideas and the beginners are supported,&#8221;<\/strong> says Ivan Cambur.<\/p>\n<p>He believes that in the last four years, entrepreneurs from Gagauzia and from the rest of the country have been able to find out how many financing opportunities exist and especially that they are accessible. In addition, people who have had the courage to set up a business have understood that there are real chances to reach international markets.<\/p>\n[aesop_character img=&#8221;http:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/ivam_cambur.jpg&#8221; caption=&#8221;Ivan Cambur, Director of the &#34;Next&#34; Business Association in Gagauzia&#8221; align=&#8221;left&#8221; force_circle=&#8221;off&#8221;]\n\n<blockquote><p>&#8220;What soldier does not want to be general? Many companies have not looked at their business as an international one, but lately they have begun to think and turn to outside markets. I notice that access to information has increased. During these years many study visits were organized abroad.&#8221;<\/p><\/blockquote>\n<p>Businesses from different regions of the country, present at the Comrat event, shared their experience of accessing European grants and using the opportunities offered by DCFTA. Larisa and Gheorghe Cerven, owners of a small vineyard in Vulcanesti, Gagauzia, tell the story of how they managed to reduce their energy bill thanks to a European grant. With the money they received, they bought and installed solar panels on the roof of their inn. <strong>&#8220;In addition, thanks to this support, we have managed to create five new jobs in <\/strong>winery<strong> and five other jobs in the tourist inn. Our workers are all inhabitants of Vulcanesti and now they can build a future home,<\/strong>&#8221; says Larisa Cerven.<\/p>\n<div id=\"aesop-image-component-480579-4\" class=\"aesop-component aesop-image-component \">\n<div class=\"aesop-content\">\n<figure class=\"aesop-image-component-image aesop-component-align-center aesop-image-component-caption-left\">\n<p class=\"aesop-img-enlarge\"><i class=\"aesopicon aesopicon-search-plus\"><\/i>\u00a0ENLARGE<\/p>\n<p><a class=\"aesop-lightbox\" title=\"Larisa \u0219i Gheorghe Cerven, proprietarii unei mici vin\u0103rii din Vulc\u0103ne\u0219ti, G\u0103g\u0103uzia. FOTO: Facebook\" href=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/karagani-1.jpg\"><img decoding=\"async\" src=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/karagani-1.jpg\" alt=\"karagani-1\" \/><\/a><figcaption class=\"aesop-image-component-caption\">Larisa and Gheorghe Cerven, the owners of a small winery from Vulcanesti, G\u0103g\u0103uzia. PHOTO: Facebook<\/figcaption><\/figure>\n<\/div>\n<div class=\"aesop-image-overlay-content\"><\/div>\n<\/div>\n<h1>The potential of DCFTA has not been explored fully<\/h1>\n<p>Contrary to expectations, the biggest effects of trade liberalization with the EU were observed in the case of agri-food exports, although initially these products were not considered sufficiently competitive on the EU market. Thus, exports of agri-food <strong>increased by 44%, compared with the 11% increase in industrial exports<\/strong>, according to the Expert-Grup analysis.<\/p>\n<div id=\"aesop-image-component-480579-5\" class=\"aesop-component aesop-image-component \">\n<div class=\"aesop-content\">\n<figure class=\"aesop-image-component-image aesop-component-align-center aesop-image-component-caption-left\">\n<p class=\"aesop-img-enlarge\"><i class=\"aesopicon aesopicon-search-plus\"><\/i>\u00a0ENLARGE<\/p>\n<p><a class=\"aesop-lightbox\" title=\"\" href=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU1834.jpg\"><img decoding=\"async\" src=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU1834.jpg\" alt=\"RBU1834\" \/><\/a><\/figure>\n<\/div>\n<div class=\"aesop-image-overlay-content\"><\/div>\n<\/div>\n<p>The free trade agreement also had more profound macroeconomic implications, boosting economic growth, budget revenues, imports and investment, and employment. Thus, the DCFTA&#8217;s contribution to growth in exports to the EU, estimated at <strong>410 million dollars<\/strong> between 2015-2017, has boosted GDP growth by 7% or about <strong>1.5 billion dollars<\/strong>.<\/p>\n<div id=\"aesop-image-component-480579-6\" class=\"aesop-component aesop-image-component \">\n<div class=\"aesop-content\">\n<figure class=\"aesop-image-component-image aesop-component-align-center aesop-image-component-caption-left\">\n<p class=\"aesop-img-enlarge\"><i class=\"aesopicon aesopicon-search-plus\"><\/i>\u00a0ENLARGE<\/p>\n<p><a class=\"aesop-lightbox\" title=\"\" href=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU0715.jpg\"><img decoding=\"async\" src=\"https:\/\/www.moldova.org\/wp-content\/uploads\/2018\/12\/RBU0715.jpg\" alt=\"RBU0715\" \/><\/a><\/figure>\n<\/div>\n<div class=\"aesop-image-overlay-content\"><\/div>\n<\/div>\n<p>Economists say the potential of DCFTA has not yet been fully explored, especially since the first implementation period has been marked by the banking crisis, the political crisis, and the drought in 2015. <strong>&#8220;Therefore, in the years to come, the effects of DCFTA will be much more significant&#8221;<\/strong>, declared the Expert-Grup experts.<\/p>\n<div class='heateorSssClear'><\/div><div  class='heateor_sss_sharing_container heateor_sss_horizontal_sharing' data-heateor-sss-href='https:\/\/www.moldova.org\/en\/4-years-dcfta-changed-since-moldova-signed-association-agreement-eu\/' data-heateor-sss-no-counts=\"1\"><div class='heateor_sss_sharing_title' style=\"font-weight:bold\" ><\/div><div class=\"heateor_sss_sharing_ul\"><a aria-label=\"Facebook\" class=\"heateor_sss_facebook\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https%3A%2F%2Fwww.moldova.org%2Fen%2F4-years-dcfta-changed-since-moldova-signed-association-agreement-eu%2F\" title=\"Facebook\" rel=\"nofollow noopener\" target=\"_blank\" 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