Trade relations of the Republic of Moldova with the Russian Federation: from dependence to export reorientation
This article analyses the evolution of bilateral trade relations, registered over the last 20 years, between the Republic of Moldova and the Russian Federation, revealing the existing impediments to their optimal development. Trade relations between these two countries entered the uncertainty zone...
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Format: | Article |
Language: | English |
Published: |
Nicolae Titulescu University
2019-06-01
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Series: | Global Economic Observer |
Subjects: | |
Online Access: | http://www.globeco.ro/wp-content/uploads/vol/split/vol_7_no_1/geo_2019_vol7_no1_art_003.pdf |
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author | DORINA CLICHICI VICTORIA IORDACHI |
author_facet | DORINA CLICHICI VICTORIA IORDACHI |
author_sort | DORINA CLICHICI |
collection | DOAJ |
description | This article analyses the evolution of bilateral trade relations, registered over the last 20 years,
between the Republic of Moldova and the Russian Federation, revealing the existing impediments to their
optimal development. Trade relations between these two countries entered the uncertainty zone in the last
decade. They are significantly affected by the political tensions between the Republic of Moldova and the
Russian Federation, which generated the application by the Russian Federation of embargoes, prohibitions
and import taxes on Moldovan products. The high share of Moldovan exports oriented to a single market
destination - the Russian Federation, revealed the Moldova's commercial dependence on it until 2014, when
exports have been reoriented to the EU following the signing of the Association Agreement. However, taking
into account the dependence of the Moldovan economy on the Russian Federation's mineral resources and the
Russian market size, which cannot be neglected, Moldova must strive to normalize economic relations with this
country. |
first_indexed | 2024-12-18T23:59:21Z |
format | Article |
id | doaj.art-15986d75db2543769bc26852e0dec2ca |
institution | Directory Open Access Journal |
issn | 2343-9742 2343-9750 |
language | English |
last_indexed | 2024-12-18T23:59:21Z |
publishDate | 2019-06-01 |
publisher | Nicolae Titulescu University |
record_format | Article |
series | Global Economic Observer |
spelling | doaj.art-15986d75db2543769bc26852e0dec2ca2022-12-21T20:46:32ZengNicolae Titulescu UniversityGlobal Economic Observer2343-97422343-97502019-06-01712836Trade relations of the Republic of Moldova with the Russian Federation: from dependence to export reorientationDORINA CLICHICI0VICTORIA IORDACHI1Institute for World Economy Romanian Academy ROMANIA dorina.clichici@iem.roNational Institute for Economic Research Ministry of Education, Culture and Research REPUBLIC OF MOLDOVA timush_v@yahoo.co.ukThis article analyses the evolution of bilateral trade relations, registered over the last 20 years, between the Republic of Moldova and the Russian Federation, revealing the existing impediments to their optimal development. Trade relations between these two countries entered the uncertainty zone in the last decade. They are significantly affected by the political tensions between the Republic of Moldova and the Russian Federation, which generated the application by the Russian Federation of embargoes, prohibitions and import taxes on Moldovan products. The high share of Moldovan exports oriented to a single market destination - the Russian Federation, revealed the Moldova's commercial dependence on it until 2014, when exports have been reoriented to the EU following the signing of the Association Agreement. However, taking into account the dependence of the Moldovan economy on the Russian Federation's mineral resources and the Russian market size, which cannot be neglected, Moldova must strive to normalize economic relations with this country.http://www.globeco.ro/wp-content/uploads/vol/split/vol_7_no_1/geo_2019_vol7_no1_art_003.pdftrade relationsRepublic of MoldovaRussian Federationeconomic crisisembargoAssociation Agreement with the EU |
spellingShingle | DORINA CLICHICI VICTORIA IORDACHI Trade relations of the Republic of Moldova with the Russian Federation: from dependence to export reorientation Global Economic Observer trade relations Republic of Moldova Russian Federation economic crisis embargo Association Agreement with the EU |
title | Trade relations of the Republic of Moldova with the Russian Federation: from dependence to export reorientation |
title_full | Trade relations of the Republic of Moldova with the Russian Federation: from dependence to export reorientation |
title_fullStr | Trade relations of the Republic of Moldova with the Russian Federation: from dependence to export reorientation |
title_full_unstemmed | Trade relations of the Republic of Moldova with the Russian Federation: from dependence to export reorientation |
title_short | Trade relations of the Republic of Moldova with the Russian Federation: from dependence to export reorientation |
title_sort | trade relations of the republic of moldova with the russian federation from dependence to export reorientation |
topic | trade relations Republic of Moldova Russian Federation economic crisis embargo Association Agreement with the EU |
url | http://www.globeco.ro/wp-content/uploads/vol/split/vol_7_no_1/geo_2019_vol7_no1_art_003.pdf |
work_keys_str_mv | AT dorinaclichici traderelationsoftherepublicofmoldovawiththerussianfederationfromdependencetoexportreorientation AT victoriaiordachi traderelationsoftherepublicofmoldovawiththerussianfederationfromdependencetoexportreorientation |