EU
MEPs back freeing wine trade with Moldova to offset Russian sanctions
The EU will soon be importing wine from Moldova duty free, thanks to a proposal, backed by MEPs on 10 December, to help offset losses to Moldova due to Russia’s recent ban on imports of Moldovan wines. The EU-Moldova Association Agreement, initialled at the 29 November Eastern Partnership summit in Vilnius (Lithuania) provides for measures to establish an EU-Moldova free trade area.
MEPs amended the initial proposal to ensure the measures can enter into force from 1 January 2014.Background
Russia banned imports of Moldova’s wines and spirits in September this year, citing quality concerns. However, the ban is widely believed to be politically motivated, and intended to discourage Moldova from strengthening its political and economic ties with the EU.
EU-Moldova free trade deal
The EU-Moldova Association Agreement, including a deep and comprehensive free trade area, was initialled at the 29 November Eastern Partnership summit in Vilnius (Lithuania). The free trade area agreement provides for full liberalization of trade with Moldova in wines. However, due to the procedures needed to finalize it, it will only apply from the start of 2015.
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