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August 4, 2021

Iohannis, to “American Romanian Investors Dialogue” event: We plan to eliminate constraints affecting economic freedom

President Klaus Iohannis on Friday met representatives of some US multinational companies, in which context he pleaded for the need to implement a good practice guide, based on provisions from the US legislation on combating corruption in the economic society.

“President Klaus Iohannis reiterated Romania’s priority to draw foreign investments, one of the main objectives of our country being that of eliminating the constraints affecting the economic freedom and representing hindrances for investors,” the Presidential Administration informs.

The meeting with representatives of some US multinational companies present or wanting to invest in Romania, among which MetLife, Johnson & Johnson, Chevron, ExxonMobil, Cargill, Timken Warburg Pincus, took place within the “American Romanian Investors Dialogue” event.

The source shows that these companies will be able to bring to Romania more direct investments, which should contribute to the technology transfer and create more jobs.

The Presidential Administration points out that the discussion topics focused on the capitalisation on the real potential of the economic cooperation between Romania and the US, the US investments as means of economic modernisation, the energy independence and its role as essential vector of Romania’s economic competitiveness, as well as the cooperation framework as an important element of the Transatlantic Trade and Investment Partnership (T-TIP).

The meeting was organised by the American-Romanian Business Council, a non-profit organisation which promotes the commercial relations between the United States of America and Romania, Agerpres informs.

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