BUSINESS

Romania can act as strategic buffer area for the West, PM’s counsellor says

As a consequence of political events in Egypt and Tunis, Romania may become a strategic buffer area for the West, as it could partially substitute for these countries’ exports to the European and American industries, Andreea Paul-Vass, counsellor to the prime-minister Emil Boc, argued, quoted by Realitatea.net. According to the former, the sectors in question include the textile and footwear industry, the pharmaceutical industry, wiring and car parts-making and even certain agricultural products.


Egypt’s total exports to the EU amounted to over EUR 4.9 bln, while those to the US amounted to over EUR 1 bln, in 2009. Tunis’s total exports to the EU amount to approximately EUR 7.2 bln, whereas those to the US – to over EUR 222 M.

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