Moldova Eyes Chinese Investment, Wary Of Montenegro Route

Moldova Eyes Chinese Investment, Wary Of Montenegro Route

Andrew H. Sweet

An ongoing energy conflict with Moscow and the failure of the EU to tie political reform conditions to promises of financing Moldovan investment have pushed the new government toward Beijing. China has largely focused on the business aspects of cooperation.

Beijing and private investors are interested in agricultural resources because China has a demand for products such as wine and meat. It is also interested in developing competitive businesses such as cognac, cereals, tomatoes, honey, and textiles, to name but a few.

China Energy reportedly wants to sign a cooperation deal with the Moldovan Economy and Infrastructure Ministry. Meanwhile, China Sinopharm International Corporation has also expressed interest in cooperating with a Moldovan company to implement a radiotherapy and chemotherapy development project.

Read the original story here.


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