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April 11, 2021
BUSINESS ECONOMY

Ambassador Comanescu: Officials have to increase support for Romania’s business community

State officials should display more availability to support the business community of Romania, but the relationship between the two entities should be two ways, because the business people should also support the officials if they indeed want such support, ambassador Lazar Comanescu said Tuesday.

“The existence of more readiness to support the business community is absolutely necessary, but the support should be mutual, that is business people should also support the officials if they indeed want such support. To this end, I have discussed with President Klaus Iohannis and he took over the idea of providing stronger support to the business community via foreign policy instruments,” said Comanescu.

He added that in the area of foreign policy, Romania focused on demarches to join NATO and the European Union, while neglecting the opportunities that economic ties with other countries outside the EU would have brought.

“Over the past 25 years, we have concentrated our foreign policy demarches on solving the issues related to Romania’s accession to NATO and the European Union. Yet, opportunities that commercial ties with countries outside the EU might have generated for the Romanian economy were neglected. For better management of all these aspects, a Foreign Trade Institute should be created, but that is currently an idea on paper only,” mentioned Comanescu.

As for the Romanian system of chambers of commerce and industry, Comanescu mentioned that a more functional relationship is needed between the system and the business community.

“A much more functional relationship between the cameral system and the business environment is needed, on the one hand, as well as between the system and the government organisations on the other. The system of chambers plays a very important part in securing efficiency in the business of companies in Romania and other countries. At a presidential level, we intend to hold starting thus autumn a series of informal meetings with business representatives to see what areas need more focused actions,” added Comanescu.

Ambassador Lazar Comanescu, who is foreign policy adviser to President Klaus Iohannis,  on Tuesday attended an event in a series called Business Breakfast, organised by the Bucharest Chamber of Commerce and Industry (CCIB).

The theme of the meeting was the role of economic diplomacy in promoting and supporting the interests abroad of Romanian companies and the drawing in of foreign investment to Romania.

According to CCIB, the Business Breakfast series of events is designed to start off a less conventional but efficient dialogue between decision makers and the business community, Agerpres informs.

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