A new strategy for the development of the textile industry is being designed by the government of Moldova, a landlocked country in Eastern Europe, bordered by Romania to the west and Ukraine to the north.
According to the Ministry of Industry, in recent years the country’s textile industry has faced a number of challenges, including a low technical level of most enterprises, a lack of skilled labour and the domination of products with low added value.
In addition, Moldova does not have its own raw materials base, which means most materials used in the textile industry have to be imported.
As part of its plans, the government is preparing to remove value added tax on imports of raw materials and equipment for the industry.
For the full story, see the February 2018 edition of Textiles Eastern Europe. Not a subscriber? Sign up HERE