Experts of the Economic Council to the Prime Minister of the Republic of Moldova presented at the forum “Trans-regional synergies for a more resilient business environment” the way and examples of participation of business associations in the reform of the regulatory framework through the Economic Council. They also talked about the steps being taken in the process of reforming the regulatory framework for business activity.

Thus, the Roadmaps for MSMEs and Digitisation were mentioned, as well as the first package of legislative changes for deregulation drafted by the Ministry of Economy with the support of UNDP experts and the Secretariat of the Economic Council under the Prime Minister, which is positively appreciated by the business community.

The amendments come a number of simplifications in the field of labour legislation, requirements towards catering establishments, strengthen the principle of consultative control for the first three years after registration, when companies can only be sanctioned in serious cases, etc.

The process of reforming the regulatory framework is being implemented by a working group set up at the direction of the Prime Minister, composed of representatives of the Government, the Parliament, the Presidency, and also includes reviewing and improving the areas of state control and the system of sanctions for entrepreneurial activity. The group, with the support of the Secretariat of the Economic Council, is to prepare packages of regulatory reform amendments at intervals of approx. 2 months.

The Forum “Cross-river synergies for a more resilient business environment” was held with the support of the European Union programme “Confidence Building Measures” and the project “Export Capacity Building on the banks of the Dniester”, funded by Sweden and the UK. Both initiatives are implemented by UNDP Moldova.

The event was attended by over 70 representatives of business support organisations and sectoral associations from both sides of the Dniester.

The Secretariat of the Economic Council to the Prime Minister is supported by the European Bank for Reconstruction and Development, funded by the UK Government’s Good Governance Fund, and the International Finance Corporation’s Investment Climate Reform Project funded by the Government of Sweden’s International Development Agency.

The Secretariat of the Economic Council to the Prime Minister is supported by the European Bank for Reconstruction and Development, funded by the UK Government’s Good Governance Fund.