Moldova Seeks German Investment Amid Ukraine Tensions

Moldovan President Maia Sandu, after discussions with German Chancellor Olaf Scholz, emphasized the significance of Germany's support for both Moldova and neighboring Ukraine. She invited German businesses to invest in Moldova, particularly highlighting the nation's inaugural tender for renewable energy production.


Devdiscourse News Desk | Chisinau | Updated: 21-08-2024 21:20 IST | Created: 21-08-2024 21:20 IST
Moldova Seeks German Investment Amid Ukraine Tensions
  • Country:
  • Moldova

In a crucial meeting on Wednesday, Moldovan President Maia Sandu highlighted the strengthened security in the region due to Germany's support. Addressing German Chancellor Olaf Scholz, Sandu noted that such backing was vital not only for Moldova but also for neighboring Ukraine.

Furthering their bilateral cooperation, President Sandu extended an invitation to German businesses to invest in Moldova. She outlined opportunities, particularly in the renewable energy sector, where the country is launching its first tender.

This marks a significant step for Moldova as it navigates regional security challenges while pushing forward with sustainable economic development.

(With inputs from agencies.)

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