New powers for PM’s Economic Council
The Economic Council working under the Prime Minister will also fulfill the duties of the National Trade Facilitation Committee that was constituted on June 9, 2016 in accordance with the commitments assumed by Moldova before the World Trade Organization (WTO).
The Committee was empowered to discuss and work out solutions to problems of national importance related to foreign trade. It will also examine and promote investment projects needed to implement the WTO Trade Facilitation Agreement, IPN reports.
According to members of the executive, the Premier’s Economic Council distinguished itself as a productive platform for dialogue between the public and private sectors and will be thus able to carry out the new tasks.
The coordination of the activities related to the implementation of the WTO Trade Facilitation Agreement remains the task of the Customs Service.