- Establishing an institutional foundation for Korea-Moldova economic cooperation -

Ambassador Park Ki-chang of the Republic of Korea to Ukraine (concurrently accredited to the Republic of Moldova) formally signed the "Agreement between the Government of the Republic of Korea and the Government of the Republic of Moldova on Economic Cooperation" with Eugen Osmochescu, Deputy Prime Minister and Minister of Economic Development and Digitalization of the Republic of Moldova, on February 17 in Moldova.

※ As of February 2026, the Republic of Korea has concluded Economic Cooperation Agreements with a total of 100 countries, including the one with Moldova.

※ Korea-Moldova Trade Status (2025, Korea International Trade Association)

  - Total trade volume: USD118 million (Korea → Moldova: USD67.76 million / Moldova → Korea: USD50.83 million)

The Republic of Moldova is a landlocked country located in Eastern Europe, characterized by fertile soil and a relatively mild climate. Pursuant to this Agreement, the two countries will cooperate in sectors such as industry and mining, energy, and information and communications technology; identify and implement cooperative projects and encourage people-to-people exchanges in these fields; and establish an intergovernmental commission on economic cooperation to ensure the implementation of the agreement.

This Economic Cooperation Agreement shall enter into force 30 days after the date on which both parties have notified each other that their respective internal legal requirements for its entry into force have been completed. By concluding this agreement, Korea and Moldova have established an institutional foundation for economic cooperation, which is expected to contribute to the development of friendly and cooperative relations between the two nations.