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Cahul Business Summit 2023 brought together entrepreneurs, public authorities, specialists in agriculture and tourism

On 17 May, the second edition of the Cahul Business Summit took place, an event organised as part of Europe Days, with the aim of raising awareness of the many possibilities for development and attracting new investments in the south of the country.

“I hope that the efforts made by our project teams to support the rehabilitation of infrastructure in Cahul, as well as investments in digitization, will serve as premises for more European citizens to visit, stay and develop businesses in Cahul. From roaming opportunities to better business conditions, the horizon of opportunities is widening. This can be clearly seen in the trade statistics which demonstrate that the EU is by far the most important trade partner of the Republic of Moldova. Together we will contribute to the development of an innovative society, here in Cahul, prepared to be part of the European family“, said Jānis Mažeiks, Delegation of the European Union to the Republic of Moldova.

The summit was a remarkable success and brought together entrepreneurs, representatives of local and national public authorities, diplomats and specialists in agriculture and tourism. At the same time, it included inaugural speeches and panel discussions with local and international guests:

  • Clusters – innovative model for cooperation and regional economic development;
  • Agriculture – a driving force of the region’s economy;
  • The cultural and tourist development potential of the southern region (Cahul);
  • Investments – portfolio and economic development opportunities for the Cahul region.

Agriculture, viticulture and tourism are some of the most important branches of the economy of the Republic of Moldova, and the Southern region has an important potential in this regard. However, in order to take advantage of this potential, it is important to consider the needs of entrepreneurs in the area and provide them with the necessary support. Thus, opportunities for businesses in the region were discussed during the Summit, such as assistance in identifying partners and access to financing from external sources.

In addition to the presentations and discussions related to the economic development of the region, the Cahul Business Summit also included a parallel event presenting the cultural and touristic potential of the area – Business Expo – Discover Cahul. A number of companies and institutions from the Southern region participated here, presenting their products and services.

Cahul Business Summit was financed by the European Union, in partnership with the Swedish Embassy, USAID, UNDP Moldova, UNICEF, the Swiss Embassy and the Helvetas organisation, organised by the Cahul City Hall, in partnership with ATIC, within the EU4Moldova project: Startup City Cahul, dedicated to Days Europe in Moldova.