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Foreign Affairs on December 1–14, 2003

|print version|mail| e-journal #21 |

Stability Pact for South-Eastern Europe

On December 8 Republic of Moldova became a full-rights member of the regional electricity market in South-Eastern Europe, after being an observer member for over an year. The Memorandum on regional electricity market in South-Eastern Europe outlines the rules for establishing a regional market of electricity and gas.

The newly acquired status will enable Moldova to take part in regional investment projects in the field, to adopt European standards and practices, to increase the viability of its own energy system, including via electricity export into the Balkans.