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EU and Moldova extend road transport agreement

The EU and Moldova has extended the validity of their current road transport agreement until 31 March 2027. The agreement aims at helping Moldova access world markets by facilitating transit through EU countries and further developing its links with the EU market.

This agreement with Moldova, first signed on 29 June 2022has substantially increased exports by road from Moldova to the EU, to the benefit of both economies.

The agreement was put in place following the loss of important transport routes passing through Ukraine’s Black Sea ports and export markets to the east of Ukraine caused by the Russian war of aggression against Ukraine. By partly liberalising road freight transport through giving transit and bilateral transport rights to Moldovan and EU hauliers for their respective territories, the agreement helps better anchoring the Moldovan market into the EU. The agreement has also strengthened the EU-Ukraine Solidarity Lanes, by facilitating road transport between the EU and Moldova, which is an important country of transit for Ukrainian exports and imports.

Exports by road from Moldova to the EU increased by 57% in volume and 41% in value terms in the third quarter of 2024, respectively compared to the same period in 2021 (before the agreement). The EU also greatly benefited from the agreement, since EU exports by road to Moldova increased by 49% in value and 36% in volume terms from the third quarter of 2021 to the third quarter of 2024.

 

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