Uglobal Immigration Magazine Volume 2, Issue 1 | Page 44

UGLOBAL IMMIGRATION MAGAZINE 42 MOLDOVA – EAST MEETS WEST WITH ITS NEW CBI PROGRAM BY / JUERG STEFFEN Moldova’s citizenship-by-investment program completed its first citizenship-by-investment application process in May and has more than 30 applications in progress. W ith Asian countries rapidly expanding their global influence and reach, building networks and connections across Europe and beyond, definitions of “East meets West” are changing and evolving. Where once the term referred to interactions between Asian countries and 20th century superpowers such as the US and the UK, it now has a much wider a n d m o r e ex pa n s i ve d e f i n i ti o n . Fo r i n s t a n c e , as Chinese and other Asian corporations have become global market leaders, especially in the technology space, development and growth have flourished across Eastern Europe as countries in the region build stronger ties with Asia. This formerly underdeveloped part of the world is now home to some of the most dynamic