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Moldovans in the world
20 February 2015 | 10:55
Rural regions development discussed in Rome
Rome has hosted the 38th Session of the Governing Council of the International Fund for Agricultural Development (IFAD). The main topic of the event that started on February 16-17 was "Rural Transformation – Key to Sustainable Development".
The Moldovan delegation was led by Vlad Loghin, Deputy-Minister of Agriculture and Food Industry. The delegation also included Ambassador Stela Stangaci, Resident-Representative of the Republic of Moldova to IFAD and counselor Tudor Vasilica, Deputy-Representative.
During the meeting, Vlad Loghin made a presentation of the role of remittances on rural regions’ development. He also met his counterpart from Egypt and he discussed the possibility of signing a bilateral free trade agreement that would regulate the duty-free import and export of fruits: apples from the Republic of Moldova and citrus from Egypt.
Moldova became a member of IFAD in 1996. Preferential loans amounting to over 444.5 million lei  were offered for 926 projects in the field.
Currently, IFAD is implementing in Moldova the Rural Financial Services and Agribusiness Development Project (IFAD-V) with a budget of $ 20 million and Inclusive Rural Economic and Climate Resilience Programme with a budget of 25.8 million dollars.

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