Implementation of the foreign trade policy of the Republic of Moldova

Abstract

International trade relationships are taking place in complicate conditions, like: geopolitical problems, military outbreaks, sanctions, huge flows of emigrants, the negative impact of the Covid-19 pandemic situation on national economies. In the competition for sales markets, countries use various economic policy instruments. The main objective of the study is the elaboration of recommendations that will increase efficiency of the foreign trade policy of the Republic of Moldova and the increase of the domestic goods’ competitiveness. In order to achieve the objective, the following research methods were used: analysis and synthesis, quantitative and qualitative analysis, comparative analysis, systemic method. According to the results of the analysis of the implementation of the National Strategy for Attracting Investments and Promoting Exports for the years 2016 - 2020, was developed a set of measures and recommendations in order to increase the efficiency of trade policy of the Republic of Moldova and goods’ competitiveness.