4 Amendments of Victor NEGRESCU related to 2017/0007(COD)
Amendment 6 #
Proposal for a decision
Recital 2
Recital 2
(2) Exports of some Moldovan products to the Union doubled or even tripled in the first six months of free trade area. However, Moldova's economy has been affected significantly by the political instability experienced in the period between the elections of November 2014 and January 2016, as well as by a banking fraud scandal, weak economic activity in the region, and import bans imposed by Russia. That situation contributed to producing a recession, a growing trade deficit and a significant decline of the foreign exchange reserves over the last year.
Amendment 7 #
Proposal for a decision
Recital 4
Recital 4
(4) In support of the new reform path, a Roadmap for Priority Reforms was agreed between the EU and Moldova following the Foreign Affairs Council Conclusions of 15 February 2016. There has been substantial progress with the implementation of this Roadmap by Moldova. Special focus should be to continue to enable small and medium- sized business to receive funding from local banks in order to modernise their businesses.
Amendment 8 #
Proposal for a decision
Recital 4 a (new)
Recital 4 a (new)
(4 a) Important progress has been made by Moldova in defending the rule of law and implementing the European requirements part of the Association Agreement.
Amendment 9 #
Proposal for a decision
Recital 7
Recital 7
(7) Moldova's progress in complying with EU sanitary requirements enabled the export of new products. The Union's indicative allocation for Moldova under the European Neighbourhood Instrument (ENI) is EUR 610-746 million, including budgetary support and technical assistance. However, budget support disbursements from the Union were suspended in early 2015 and their resumption was made conditional on the approval of a new IMF programme and all budget support condtions being fulfilled.