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Seminars dedicated to the implementation of state aid legislation

           
19.04.2022   6023 Views    

Between 19-27 of April, at the invitation of the Cahul Territorial Office of the State Chancellery, the Competition Council will conduct training seminars for the secretaries of the local councils from the districts of Cahul (19.04.2022), Cantemir (20.04.2022) and Taraclia (27.04.2022).


These seminars are held with the representatives of the local public administration authorities within the framework of an information campaign on issues related to the application of state aid legislation. In particular, are addressed various aspects related to the notification and reporting of State aid and de minimis aid granted by local public authorities.


During the seminars, the representatives of the Competition Council present information on the notification modalities and state aid reporting, the obligation to report all state aid, the obligations of the state aid provider, including identification measures at the intention stage.


The first event in the series of seminars was held in Cahul and gathered over 35 participants. The seminar was opened with a greeting speech by Igor SEVCENCO, Head of the Cahul Territorial Office of the State Chancellery. At the same time, the Competition Council reiterated the need for the correct application of the provisions of the legislation in the field of state aid by the support measures providers, in the part related to providing accurate and complete information in order to report and notify the state aid.


In this context, we mention that the observance and application of the legal provisions on state aid contributes to the economic development of the Republic of Moldova and to the efficient use of public money.


There are different ways of State aid granting: subsidies; cancellation or assumption of debts; exemptions, reductions, deferrals or rescheduling of taxes and fees; granting loans at preferential interest rates; granting guarantees on preferential terms, etc.


The mechanism of state aid granting may have a negative impact on the country's economy, manifested by the distortion of competition, the danger of non-fulfillment the commitments stipulated in the international agreements (Moldova-EU Association Agreement, CEFTA, EFTA, The Strategic Partnership Agreement, Trade and Cooperation Moldova - United Kingdom), inefficient use of public resources, etc.


In this context, the Competition Council pays special attention to this area, ensuring the implementation of the State Aid Law, as well as to the exclusion of potential risks in order to ensure a healthy competitive environment.

 

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