In addition to international agreements, Moldovan laws on foreign direct investment include the Civil Code, the Real Estate Law, the Entrepreneurship Investment Law, the Entrepreneurship and Enterprises Act, the Public Limited Companies Act, the Small Business Support Act, the Financial Institutions Act, the Franchising Act, the Tax Code, the Customs Code, the Law on Aid to Small Enterprises. the insolvency law and the insolvency law. Moldova has signed bilateral investment protection and promotion agreements with 44 countries. These include Albania, Austria, Azerbaijan, Belarus, Belgium, Bosnia and Herzegovina, Bulgaria, Canada, China, Croatia, Cyprus, Czech Republic, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, Iran, Israel, Kuwait, Kyrgyzstan, Latvia, Lithuania, Luxembourg, Montenegro, the Netherlands, Poland, Qatar, Romania, Russia, Slovakia, Slovenia, Spain, Switzerland, Tajikistan, Turkey, Ukraine, the United Arab Emirates. Council, the United Kingdom and Uzbekistan. The Moldovan Constitution guarantees the right to form or join a trade union. Trade unions have influence in large, mostly public companies, and have negotiated in the past for strong labour relations, a minimum wage and fundamental workers` rights. Trade unions also have a say in the negotiation of collective agreements in different sectors. Trade unions are less active and less effective in small private enterprises. Moldova is a signatory to numerous conventions on the protection of workers` rights.
The country has moved towards the adoption of international standards for labour legislation and regulation. In recent years, the Government has made changes to labour legislation in favour of employers and has somewhat reduced the contribution of trade unions to recruitment and dismissal issues. Nevertheless, labour legislation on issues relating to severance pay or leave is strict, rules that some foreign investors see as an obstacle to labour flexibility and a heavy burden on employers. The Moldovan government usually publishes important laws in the form of draft public notices. The draft laws are also available online on the website of the Moldovan Parliament. . . .