OREANDA-NEWS. November 02, 2009. The new edition of the White Book does not contain new recommendations due to slow implementation of structural reforms. The structure of the Book remained the same but previous tasks have been extended and generalized. The President of the Directors Board of Association of Foreign Investors (FIA) Joachim Schreiber said that most of recommendations of the previous editions of the White Book have not been effective because the government is likely to make promises and do not put them into reality.

 "We hope that the third edition of the White Book will have more success," said Joachim Schreiber. He noted that infrastructure is one of the most important issues both for foreign investors operating in Moldova, and those who are going to start their activity in the country. "Thus the current infrastructure should be open to any business operating in Moldova. Moreover, FIA fully supports infrastructure development and is ready to share its experience with Moldova, "said FIA president of the directors’ board wishing the investors success in the field of cooperation with the new government. 2009 Edition of the "White Book" consists of the two main parts.

The first provides an assessment how the recommendations of the previous editions of the "White Book" were fulfilled. In particular, it highlights progress in implementing the recommendations set out by the FIA and identifies proposals that remain in force. Assessment also highlights some of the obstacles in the process of implementing certain policies. The second part includes six thematic chapters, which present additional recommendations of the previous book. Foreign Investors Association (FIA) incorporates the most important foreign investors in Moldova. Foreign Investment Association was founded by 8 foreign investors in Moldova, with the support of OECD in September 2003.

Currently, FIA includes 18 members, whose total investment in Moldova excess 750 million U.S. dollars, or more than 50% of FDI stock, providing jobs to over 12 thousand people. The overall objective of FIA is to contribute, together with the public authorities, to the establishment of the investment environment through an open dialogue between the various parties.