FOREIGN TRADE AND THE PROSPECTS OF REGIONAL INTEGRATION OF THE REPUBLIC OF MOLDOVA

The main purpose of the research is to identify the strategic options of the Republic of Moldova, whereby foreign trade and economic integration could become genuine engines for a sustainable economic development. One of the objectives of the article is to submit to the analysis the current state of the Moldovan external trade; its commercial relations with other countries and economic blocs and to identify the potential alternatives, that Moldova has for a deeper regional economic and political integration. In addition, we are looking to assess Moldova’s economic complexity, diversification and competitiveness within the regional and global frameworks. Using statistical data on trade dynamics and layout and observation as a research method, we were able to identify that, there has been a swift shift in Moldova’s strategical directions and also, small changes in economic structures that might affect its future development.