Tiraspol, 3 April. /Novosti Pridnestrovya/. Already this year, Pridenstrovie will adopt a law on investments introducing benefits for potential investors, Pridnestrovian President Vadim Krasnoselsky said in an interview with Russia's Parliamentary Gazeta.
"In 2017, we saw a decline in investment activity. This year, however, we will adopt a law on investments, which provides broad benefits for investors," said Vadim Krasnoselsky.
These include guarantees for entrepreneurs, first of all, guarantees of safety for investments, earnings and property.
According to the president, the country's unrecognised status has a negative impact on the attraction of investment; however, the country is going to use all its inner reserves to become interesting for businessmen.
Also, Vadim Krasnoselsky spoke about the dynamics of Pridnestrovie's foreign trade turnover. According to him, for the first quarter of 2018 imports grew by 32%, and exports by 62%.
"Pridnesstrovie remains an export-driven state. According to the results of the first quarter of 2018, in comparison with last year, our imports grew by 32%, and exports by 62%. That exports prevail over imports greatly encourages us. The structure of exports is as follows: 37% accounts for the EU countries, 18% falls on the Customs Union, primarily the Russian Federation, 45% on other states," he said.
The president particularly noted the growing exports to Russia - a year and a half ago its share in the total volume did not exceed 8%.
"These are mainly products of machine building, metalworking, agro-industrial complex. In addition, the export of alcoholic beverages increased 14-fold," noted Krasnoselsky. From Russia, in turn, Pridnestrovie imports fertilisers, fuels and lubricants.
