Chisinau, Moldova - On September 24, the USAID Business Regulatory, Investment, and Trade Environment (BRITE) Program conducted a Business Climate, Legal, and Institutional Reform (BizCLIR) assessment in Moldova, accompanied by a roundtable review of the results of the assessment. 

Turcan Cazac participated in the BizCLIR assessment as a local expert, with the Turcan Cazac lawyer Alexander Savva actively contributing along with a range of local and international experts. The following technical assessment areas of Moldova were under review: Starting a Business, Dealing with Construction Permits, Paying Taxes, Protecting Investors and Trading across Borders.

During the roundtable discussion, the preliminary assessment findings for each technical area were communicated in order to gather feedback and reach a consensus on the priorities of the BRITE program. Alexander Savva, together with the international experts Nick Klissas and Olin McGill, presented the findings pertaining to the Protecting Investors assessment area. The experts described the strengths, gaps and potential solutions particular to the investment environment of Moldova; they also highlighted the need for sustainable and efficient solutions in this area, in line with the BRITE program's objectives.

Overall, the USAID BRITE program seeks to attain a significant improvement in Moldova's Doing Business indicators, as well as considerable cost savings to the public and private sectors; for this purpose, the program intends to prioritize high-impact reforms and build the necessary government capacity for reform.