Yevgeny Shevchuk: DCFTA Agreement will incapacitate the state to support the enterprises

09/29/15 22:30

Yevgeny Shevchuk: DCFTA Agreement will incapacitate the state to support the enterprises

At the meeting of the President, the representatives of the Government and the staff of Moldavizolit Works, economic problems of Pridnestrovie were discussed

One of the new main challenges for Pridnestrovie will be the end of EU trade preferences for Pridnestrovie's exporters after January 1, 2016. It's important to remind that representatives of Moldova advocate Pridnestrovie's accedence to the Deep and Comprehensive Free Trade Area Agreement signed between Moldova and the EU on equal bases with RM. According to the Pridnestrovie's President Yevgeny Shevchuk, if it occurs, Pridnestrovie's industry will get a hard blow.

At the meeting with staff of Moldavizolit Works, the President noted, if the DCFTA Agreement entered force in Pridnestrovie, the state wouldn't be able to support the Pridnestrovie's enterprises exporting their production to Europe because the anti-dumping legislation of the European Union would take effect.

«The EU economy is based on the market relations, so, according to those rules, the state won't be able to support the state at all», Yevgeny Shevchuk emphasized.

Otherwise, according to the Head of state, the European officials can initiate an investigation, then, following its results, these supported enterprises can be charged with penalties.

«Because there will be an anti-dumping investigation, and as a result extra duties and penalties will be imposed on these enterprises and their export production," the President told.

According to Yevgeny Shevchuk, similar precedents have already been in the history of relations between Europe and Pridnestrovie, despite the fact that the PMR hasn't signed the DCFTA Agreement. In particular, following the results of the anti-dumping investigation against the MMZ, the enterprise lost a part of the European sales market.

 

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