Modernization of the agri-food sector of the Republic of Moldova in the context of international trade development

Abstract

The purpose of this paper is to identify opportunities for modernization of the agri-food sector of the Republic of Moldova in the context of the recent developments in the international and regional trade. Participation of the Republic of Moldova in various foreign trade agreements was analyzed. The assessment of the agri-food export was performed in order to show the impact of the trade barriers introduced by Russian authorities over the most important groups of agri-food products. The impact of the recent trade barriers over the economic stability and country’s food security was analyzed. The possible directions of the agro-food sector modernization in order to overcome external trade shocks were discussed.