Businesspeople from both sides of the Nistru River learn from Germany's experience

28 Mar 2013

To develop innovative business with German accuracy.This is the intention of 20 economic entities from the both banks of the Nistru River, after coming back from a study visit to Germany, organized in the framework of the Joint UNDP-EU “Support to Confidence Building Measures” Programme. Some participants have already negotiated collaboration contracts with German companies in to the area of environmentally friendly agriculture.

During one week, business people active in the agricultural sector, had meetings, visited a number of enterprises specialized in renewable energy production, organic agriculture and processing of environmentally friendly products, as well as food products’ distribution networks. “These sectors are important for the national economy, have a large development perspective, but are not fully harnessed. Taking over Germany’s experience is very welcome, as their practices proved to be very efficient”, said Mihai Bilba, Director of the International Relations Division of the Chamber of Commerce and Industry form Moldova.

During the study visit, the business people were familiarized with the European business practices, exchanged experiences and identified collaboration possibilities. “This visit offered us not only good ideas, best practices and the necessary confidence for developing some innovative business, but also openness for collaboration from some German colleagues”, mentioned the participants of the study visit.

The investment opportunities of the Republic of Moldova were presented during the business meetings within the Chamber of Commerce and Industry in Leipzig and Potsdam and in the Eastern Committee of German Economy in Berlin. “Although in 2012, the volume of the Republic of Moldova’s external trade with Germany has decreased by 9% as compared to 2011, accounting for 457.1 million USD, Germany remains one of the main commercial partners of our country”, mentioned Gheorghe Cucu, Chair of the Chamber of Commerce and Industry from Moldova.

Previously, other 40 businessmen from the both banks of the Nistru River carried out study visits to Poland and Austria with the support of the UNDP-EU “Support to Confidence Building Measures” Programme.Hence, the UNDP-EU Programme offers the business community from both sides of the Nistru River possibilities to collaborate and thus contribute together to the economic development of the country, to promote their goods on the European market, and to find partners abroad.

The “Support to Confidence Building Measures” Programme contributes to confidence building on both banks of the Nistru River by involving local authorities, civil society, the business community, and other stakeholders interested in economic and social development of local communities. The Programme carries out activities in five main areas: business development, civil society, renovation of social infrastructure through local development and health and environment.

The “Support to Confidence Building Measures” Programme is implemented during the period 2012-2015. The total budget of the Programme accounts for 10,600,000 Euro, provided by the European Union (9,500,000 Euro) and UNDP Moldova (1,100,000 Euro).

Contact Information

Natalia Djandjgava, Project Officer, SCBM Programme, Tel: (+ 22 373) 839 865, natalia.djandjgava@undp.org; Natalia Costas, Communication Consultant, SCBM Programme, Tel: (+ 373) 69221141, natalia.costas@undp.org