The free trade agreement (FTA) between Moldova and the European Free Trade Association (EFTA), which includes Iceland, Liechtenstein, Norway, and Switzerland, will take effect on 1 September, 2024.
The agreement between the EFTA member states (Iceland, Norway, Switzerland, and Liechtenstein) and Moldova was signed in Schaan, Liechtenstein, on 27 June 2023.
The new agreement opens up broad market access and improves the legal framework and predictability for economic players.
On 21 February 2024, the Federal Council adopted the dispatch on the free trade agreement between the EFTA countries and Moldova. The dispatch will now be referred to Parliament for approval. Moldova is the first partner country with which EFTA has agreed a comprehensive chapter on e-commerce and incorporated its new model chapter on trade and sustainable development.
