2006 07 31 Selected News

Additionally, the Parliament has ratified 24 international acts leading to Moldova’s adhesion to several treaties and conventions, such as the Convention on migrant workers, Convention on fighting trafficking in human beings.


  • PARLIAMENT IS ON VACATION UNTIL SEPTEMBER 13

  • ROSPOTREBNADZOR STUDIES MOLDOVA-VIN DAPARTMENT'S PLAN ON UNBLOCKING EXPORTS OF MOLDOVAN WINE TO RUSSIA

  • THERE IS NO SENSE IN DENOMINATION OF MOLDOVAN LEU

  • TRANSNISTRIAN ENTERPRISES' TAXES REFUNDED WITHOUT DELAY

  • GENERAL ASSEMBLY OF VICTORIABANK SHAREHOLDERS ELECTS NEW MANAGEMENT BOARD


PARLIAMENT IS ON VACATION UNTIL SEPTEMBER 13

Chisinau (IPN) The legislative body of the Republic of Moldova is on a leave until September 13, after finishing the spring-summer session on Saturday, July 29.

At those 32 plenary sittings of the 3d session of the 16th legislature Parliament, 300 laws and decisions were adopted, the Speaker Marian Lupu declared at the end of the last sitting.

Among the most important, Lupu mentioned the package of laws regarding the budgetary-fiscal policy for 2007, the laws on state enterprises, on medium and small business, the Law on regulating entrepreneurship, on canceling visas for citizens of the EU member states and several other countries, the Law on ensuring equality between genders, etc.

The Speaker also said that the Parliament took attitude towards several important political events through adopting declarations, such as regarding the artificial tensioning on the Transnistrian segment of the Moldovan-Ukrainian border; regarding to the so-called plebiscite in September, etc.

Additionally, the Parliament has ratified 24 international acts leading to Moldova's adhesion to several treaties and conventions, such as the Convention on migrant workers, Convention on fighting trafficking in human beings.

During this session, the Legislative received 2200 petitions and appeals, tackling different subjects.

The speaker also emphasized that this was the longest session of the year, and resembles “a marathon, based on its results and duration.”

The autumn-winter session will commence on September 13.


ROSPOTREBNADZOR STUDIES MOLDOVA-VIN DAPARTMENT'S PLAN ON UNBLOCKING EXPORTS OF MOLDOVAN WINE TO RUSSIA

Chisinau, July 31 ( INFOTAG ). The Federal Service (FS) for the Protection of Consumers' Rights and the Supervision over Products Quality is studying the agro-industrial Moldova-vin dapartment's plan on unblocking exports of Moldovan wine to Russia. The plan embodies a set of measures to be implemented by Moldova. The objective of these measures is to establish s strict control over the quality of Moldovan agricultural products.

In his exclusive interview for Infotag Director General of the Moldova-vin agency Valeriu Mironescu has said that the Moldovan Embassy to Russia received RosPotrebNadzor's letter, signed by Russia's Chief Sanitary Doctor Gennady Onsichenko.

"RosPotrebNadzor is sure that Moldova is interested in producing alcoholic product, meeting the security requirements and excluding threat for consumers' life and health that is evidenced by the submitted proposals", Mironescu said.

As far as Infotag knows, the letter also says the Moldova-vin's proposals are of general character and do not allow estimating their efficiency to sufficient extent.

"It contains no measures being implemented or planned by the Moldovan Sanitary Epidemiological Service", - RosPotrebNadzor's letter says.

The Federal Service would like to familiarize itself with a detailed program of measures, aimed at providing the quality and security of the Moldovan wines and cognacs throughout the entire process of their production, transportation and storage, the letter remarks.

Valeriu Mironescu says that RosPotrebNadzor reassured the Moldova-vin agency that all the materials of the detailed program of measures will be thoroughly considered by RosPotrebNadzor experts in order to take a decision on the conformity of the Moldovan wines and cognacs assigned for supplying to the Russian market.

According to Mironescu, RosPotrebNadzor' letter says that it is purposeful to organize a meeting of a Moldovan working group and its experts after considering the Moldovan materials.

The Moldova-vin Director General said that after receiving Gannady Onschenko's letter he carried out a working conference with the participation of all the interested sides - the agency itself, the State Inspection for Supervision over Alcoholic Products, the State Plant Protection Inspection and the Ministry of Health and Social Protection.

"We elaborated and submitted a complex plan of measures which can help to resume the supply of Moldovan wines and alcoholic products to the Russian market", Mironescu said.

According to him, Assistant to Russia's Chief Sanitary Doctor Dorofeev, whom this plan was handed to, was pleasantly surprised with Moldovan winemakers' operativeness.

"I think that the Moldovan working group can arrive to Moscow in the near time and I do not rule out a possibility of their meeting with Gennady Onischenko", Moldova-vin Director General Valeriu Mironsecu considers.

Russia prohibited the import of Moldovan wines and alcoholic products on March 27, 2006. The export of these products in 2005 exceeded $318 million. About 80% ($240-250 million) of this volume fell on the Russian market. According to Prime Minister Vasile Tarlev, the losses for the first half of 2006 from Russia's ban exceeded $21 million.


THERE IS NO SENSE IN DENOMINATION OF MOLDOVAN LEU

Chisinau, July 31 ( INFOTAG ). Credit-Profit financial experts estimated rumors about the allegedly upcoming denomination of the Moldovan Leu as deprived of any sense.

Answering a request by Infotag to comment on the denomination, and to designate objective reasons for such phenomenon, they said that the word denomination derives from de plus the Latin nominatio (nomination) and it is determined as the change of the nominal value of currency notes in order to stabilize currency and to simplify payments.

"A denomination is always carried out after a high inflation period, when the nominal reaches very high values. It is known that the regular money circulation is provided by the availability of various denominations bills in this circulation. In order to determine the optimal ratio between bills of various denominations the National Bank of Moldova keeps records of cash receipts to the cashier's offices of the banks and determines the share of each bill type in the total amount of currency notes", one of the experts said.

In his opinion, under the hyperinflation conditions the provision of the normal circulation of currency notes (printing of currency notes, their re-calculation and manufacturing coins of large denominations and so on) calls for considerable financial expenditures. That is why, one of the reasons for carrying out a denomination is the need to reduce these expenditures.

Credit-Profit experts referred to the expression by mathematicians who say that hyperinflation is a necessary, but not sufficient condition.

"It is senseless to carry out any denomination, if there is no well-grounded confidence in curbing the inflation afterwards and in economic stability", company experts underline.

"Therefore, the is no economic sense to carry out any denomination at present", Credit-Profit experts consider.


TRANSNISTRIAN ENTERPRISES' TAXES REFUNDED WITHOUT DELAY

Chisinau, 28 July /MOLDPRES/- The Moldovan competent bodies have refunded the taxes paid by Transnistrian economic agents for import-export operations without delay and in the set amount, the Reintegration Ministry's press service has said.

On 13 February - 23 July 2006, as many as 45 economic agents from the Transnistrian region asked the Moldovan Chamber of Trade and Industry for 1,595 certificates of goods' origin and export licenses, including 678 - preferential.

The volume of goods exported and imported by the Transnistrian enterprises, which the Moldovan Customs Service checked up and officially registered on 1 March - 26 July 2006, stood at 1,636.3 million lei, of which exports - 1,330 million lei and imports - 306.3 million lei.

So far, Moldova returned 9.7 million lei to Transnistria-situated enterprises.

Until 26 July 2006, the Moldovan State Registration Chamber registered 214 enterprises located in the Transnistrian region, of which 113 got temporary registration, and 101 - permanent registration, according to the press release.


GENERAL ASSEMBLY OF VICTORIABANK SHAREHOLDERS ELECTS NEW MANAGEMENT BOARD

Chisinau-31.07.2006/15:52>:27(BASA-economic) The extraordinary assembly of shareholders of the commercial bank Victoriabank SA elected a new management board of the bank on Friday, July 28.

According to sources in the bank, the new board of shareholders made up of seven members includes three new members, general managers of companies Aroma SA, Franzeluta SA and Air Moldova SA.

Also, the assembly ended before term the mandates of two members of the board, the former first deputy chairwoman of Victoriabank, Galina Proidisvet, and the representative of the European Bank for Reconstruction and Development (EBRD), Alexandru Tanase.

The EBRD representative in BC Victoriabank SA, Alexandru Tanase, tendered resignation from the board of directors of this institution in early June, while the EBRD has announced that it will not appoint another representative in the Victoriabank board. According to EBRD officials, there were changes to the shareholders and then board and management change. "This has led to a deterioration in corporate governance and transparency at the bank."

The old board of Victoriabank was elected on March 23.




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2006 07 31 Selected News
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