Moldova's mineral resources are limited, the government is actively promoting the development of the extractive industry. The country's largest mining company, Eurocement Group, is investing in new projects, while the state-owned Moldovagaz is working to ensure fair pricing for gas imports. With the implementation of new policies and the support of foreign investors, Moldova's extractive industry could become an important contributor to the country's economy in the future.
Moldova's government has implemented policies to promote the exploration and development of its mineral resources. In 2013, the government created a national strategy for the development of the extractive industry, which aims to attract foreign investment and improve the competitiveness of the sector. The strategy focuses on increasing transparency and accountability in the sector and promoting sustainable development.
In 2014, Moldova also adopted a new mining law that aims to streamline the licensing process and provide more incentives for foreign investors. The law also requires mining companies to have an environmental impact assessment before starting operations.