IV. ECONOMIC DEVELOPMENT, ENERGY ENHANCING COMPETITIVENESS AND JOB CREATION SECURITY, A. Businesses and investment climate development 1. To negotiate and sign an Agreement with the International Monetary Fund in order to ensure macroeconomic, budgetary and financial stability necessary to create a favourable investment climate. 2. To give priority to reform implementation aimed at developing the private sector, to those activities that are in accordance with action plans on implementation of Moldova - EU Association Agreement. 3. To monitor the investor’ compliance with the contract on investment commitments assumed under the agreement of concession of Chisinau International Airport and to undertake, if appropriate, actions to protect the State's interest, in line with the legislation in force. 4. To ensure the protection of property rights, the compliance with contractual obligations and prevent businesses abusive takeover attempts. 5. To develop and approve the legislation on establishing the position of business ombudsman. 6. To create an appropriate and functional institutional framework to examine petitions, complaints and / or investment disputes. 7. To simplify procedures and reduce the registration costs and voluntary liquidation of a business. To reduce the number of legal licenses issued by authorities and the number of licensed activities in order to eliminate barriers to market entry for new companies and stimulate competition. 8. To launch an institutionalised mechanism for settling investment litigations in accordance with legislation in force. 9. To establish simplified procedures for business environment access to justice. 10. To approve a new labour code or update the present one. 11. To provide maximum transparency in all trade companies registered in Moldova. To provide public access to the State Register of Legal Entities. 12. To reorganise the State Registration Chamber into a public authority and reduce tariffs applied to entrepreneurs, including liberalization of access to the State Register of Legal Entities. 13. To reduce the number and rates for public services provided to businesses on a payment-basis, expanding e-services and the universal application of a One Stop Shop concept. 14

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