The Republic of Moldova Strengthens Its Regional Role in the Context of Ukraine’s Reconstruction at the EBRD Meeting in Riga

During the 35th Annual Meeting of the Board of Governors of the European Bank for Reconstruction and Development, held in Riga, participants discussed the key priorities for Ukraine’s reconstruction, economic development, and the strengthening of regional cooperation.

Ukraine’s Reconstruction as a Key Factor for Regional Stability

Minister Eugeniu Osmochesu emphasized that the reconstruction of Ukraine will have a significant impact on Europe’s economy, security, and stability in the years ahead. According to the Minister, the country’s recovery efforts will create new investment opportunities and expand trade relations across the region.

The Republic of Moldova’s Commitment

The official reaffirmed the Republic of Moldova’s readiness to actively participate in this process. He stressed that the ongoing reforms, the country’s progress toward European Union integration, and investments in infrastructure, energy, and digitalization are strengthening Moldova’s position as a reliable partner for regional economic development.

Recognition of the EBRD’s Support

Representatives of the Ministry of Economic Development and Digitalization expressed their appreciation for the support provided by the EBRD to the Republic of Moldova. Investments in areas such as energy security, infrastructure, the business environment, and economic reforms have contributed to enhancing the country’s economic resilience and reinforcing regional stability.

Decisions and Priorities Adopted at the Meeting

During the meeting, representatives of the 77 member states, together with delegates from the European Union and the European Investment Bank, approved a resolution outlining the EBRD’s strategic priorities for the coming period. Participants also endorsed the implementation of the institution’s first-ever Economic Governance Strategy and reaffirmed Ukraine’s status as the EBRD’s foremost strategic priority, while underscoring the need to support economies affected by conflicts in the Middle East.