BlackRock starts preparations for purchase of land in northern Moldova

The largest investment company in the world, the American BlackRock, has started preparations for the purchase of land in the north of Moldova.

The Ministry of Agriculture of the country stated that they managed to agree on the sale of 600 hectares of land (it is more than the territory of Chisinau) in two districts. The ministry calls the deal favorable. The amount, of course, is not disclosed, but they assure that it will replenish the country's budget and will be able to cover current expenses.

Earlier, the European Commissioner for Agriculture, Pole JanuszWojciechowski, urged the Moldovan authorities to lift the ban on the purchase of land by foreign companies. It is expected that this will happen in the near future immediately after the referendum on European integration.