Moldova

U.S. government assistance aims to help Moldova strengthen its democratic institutions, increase prosperity, foster economic growth, secure its internationally recognized borders, advance judicial reform, and support Moldova’s Western trajectory. Since 1992, the United States has provided over $1.7 billion in assistance to Moldova. In 2010, Moldova received a $262 million, five-year Millennium Challenge Corporation compact for economic development and investment projects in irrigation infrastructure, high-value agricultural production, and road rehabilitation. The United States government has provided over $5.6 million in COVID-19 assistance, including supplemental and reprogrammed funds.

Moldova benefits from liberalized trade and investment and seeks to promote the export of its goods and services. A U.S.-Moldova trade agreement providing reciprocal most-favored-nation tariff treatment took effect in 1992. An Overseas Private Investment Corporation agreement was signed in 1992, encouraging U.S. private investment in Moldova through direct loans and loan guarantees. A bilateral investment treaty was signed in 1993. The United States granted Moldova generalized system of preferences status in 1995, and some Eximbank coverage became available the same year. Discussion of bilateral trade issues takes place in the USTR-led U.S.-Moldova Joint Commercial Commission.