Prime Ministers Convene at World Economic Forum
Moldovan Prime Minister Alexandru Munteanu held a bilateral meeting with his Luxembourgish counterpart, Prime Minister Luc Frieden, on the sidelines of the 56th World Economic Forum (WEF) annual meeting in Davos. The high-level discussion, which took place around January 20, 2026, centered on enhancing economic and trade relations, advancing Moldova's European integration, and addressing regional geopolitical challenges.
Strengthening Economic and Trade Relations
During their meeting, both prime ministers emphasized the importance of bolstering economic cooperation between Moldova and Luxembourg. Prime Minister Munteanu highlighted Moldova's efforts to create a favorable investment climate, particularly in sectors such as IT, energy, and infrastructure. He outlined measures aimed at accelerating economic development, including market liberalization, bureaucracy reduction, infrastructure modernization, and local public administration reform.
Currently, 23 companies with Luxembourgish capital operate in Moldova, representing investments exceeding €10.7 million (approximately 211 million Moldovan Lei). Luxembourg ranks as the 14th largest foreign investor in the Moldovan economy. The leaders also discussed developing cooperation to adopt best practices in various sectors, including:
- Energy
- Finance and banking
- Anti-corruption and asset recovery
- Emergency management
- Combating terrorism
Advancing European Integration and Regional Security
A significant portion of the discussion was dedicated to Moldova's path toward European integration. Prime Minister Munteanu reiterated Moldova's commitment to a European future based on peace, security, and prosperity. Prime Minister Frieden, for his part, reaffirmed Luxembourg's steadfast support for Moldova's efforts to implement reforms aimed at improving the living conditions of its citizens and advancing its European integration process. He acknowledged the progress Moldova has made in this regard.
The leaders also addressed the geopolitical situation in the region and the economic impact of the war in Ukraine on Moldova's development. Prime Minister Munteanu, who assumed office on November 1, 2025, has made EU accession negotiations a priority, aiming to complete them by 2028.
Commitment to Bilateral Cooperation
The meeting underscored a shared vision between Moldova and Luxembourg for a stable and prosperous European future. Both leaders expressed their commitment to continued dialogue and cooperation across various strategic areas, reinforcing the strong bilateral ties between their nations and supporting Moldova's aspirations for closer alignment with the European Union.
5 Comments
Bella Ciao
EU integration by 2028? That's overly ambitious and completely unrealistic given current challenges.
Coccinella
Increased economic cooperation, especially in IT and energy, is a smart move for Moldova's modernization. But relying too heavily on Western partners might neglect existing trade relationships or provoke unwanted attention from other regional powers, requiring careful diplomatic balancing.
Michelangelo
The emphasis on anti-corruption and financial reforms is commendable and necessary for Moldova's future. Yet, the article doesn't fully address how these efforts will contend with deeply entrenched issues or potential resistance from powerful vested interests, which could slow progress considerably.
Eugene Alta
Moldova's commitment to reform and a European future is inspiring. Keep up the good work!
Muchacho
Davos meetings are just photo opportunities for politicians. Real progress requires more than declarations.