Analysis of trading partners’ practices for improving the commercial policy of the Republic of Moldova

Abstract

The main trading partners of the Republic of Moldova are Romania (member state of the European Union), the Russian Federation (member state of the Eurasian Economic Union) and Ukraine. The trade policies promoted by these states have particular characteristics, some of them have positive effects on national economy, but another negative effects. The object of research is the trade commercial policy. The main purpose of the study is the elaboration of recommendations for streamlining commercial policy of the Republic of Moldova based on experiences of the main trading partners. In order to achieve this aim, the following research methods were used: the method of ascending from the abstract to the concrete, comparative analysis, systemic approach. Economic growth, competitiveness and foreign trade are interdependent. Therefore, the relationship between trade policy and theories related to competitiveness was analysed for explain the theoretical aspect of the research object. According to the results of the analysis of trading partners’ practices was developed recommendations for improving the commercial policy of the Republic of Moldova.