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November 27, 2021

Romanian-French energy working group to resume

Economy Minister Daniel Chitoiu and French ambassador Philippe Gustin agreed to re-launch the Romanian-French working group on energy issues, a group that would identify concrete collaboration opportunities by directly bringing interested investors to the table of negotiations. According to a press communiqué, the two officials appreciated the stage and evolution of bilateral relations, France being Romania’s third most important commercial partner, French companies being present on the Romanian market for over 20 years. The economy minister presented major projects in the energy domain, the programme on improving the performance of state-owned enterprises through restructuring, with the goal of reducing the losses they accumulated, as well as measures seeking the support and stimulation of developing the business environment by hiking stability and predictability, by simplifying administrative procedures and intensifying dialogue with the business environment. Themes such as promoting Romanian investments in France, energy sector projects, aspects concerning respecting the energy regulation timetable agreed with the IMF and creating a context favorable for investments were also on the agenda of the talks.

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