Moldova's new law digitizes the economy, enabling remote business processes with digital signatures, recognizing EU e-signatures, and expanding electronic labor contracts.
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Moldova is fostering closer ties with the EU by recognizing qualified electronic signatures issued by member states, streamlining digital interactions and boosting cross-border collaboration.
In a decisive move towards enhanced digital integration with the European Union, Moldova's government has officially approved the recognition of qualified electronic signatures authorized by the competent institutions of EU member states. This landmark decision is poised to significantly streamline digital transactions and foster stronger collaborative ties between Moldova and its European counterparts. By acknowledging the legal validity of EU-qualified electronic signatures, created using public key qualified certificates from trusted service providers within the EU, Moldova is aligning its digital framework with European standards.
The process for verifying the authenticity of electronic signatures originating from EU member states and affixed to documents in PDF format will seamlessly integrate with Moldova's existing verification procedures. This will be achieved through the utilization of Moldova's governmental integrated service for electronic signatures, known as MSign, and the dedicated electronic signature verification device managed by the Information Technology and Cyber Security Service (STISC). To ensure seamless functionality and adherence to European protocols, the Electronic Governance Agency will oversee the integration of EU verification capabilities into MSign, while STISC will align its verification device with the recommendations set forth by the European Commission.
This strategic decision by Moldova underscores a clear commitment to embracing digital transformation and actively aligning its digital infrastructure with established European Union standards. By granting equal legal standing to qualified electronic signatures issued within the EU, Moldova anticipates a significant boost in cross-border trade activities, a simplification of various administrative procedures, and a marked increase in the level of trust in digital interactions between Moldovan and EU-based entities. This forward-thinking approach is expected to generate positive impacts across multiple sectors, ultimately fostering greater efficiency and reducing bureaucratic hurdles in international collaborations.
Moldova's embrace of EU digital signatures paves the way for deeper digital integration and enhanced economic collaboration within the European digital landscape.