DIPLOMACY

ForMin Comanescu meets American-Romanian Business Council delegation

Foreign Affairs Minister Lazar Comanescu received on Monday a delegation of the American-Romanian Business Council (AMRO), on the 4th annual mission of economic promotion. On the occasion, the head of the Romanian diplomacy the companies to evaluate the possibility of relocating to Romania some of their investment projects, given the country’s stability as compared to other states in the region and the government’s actions to boost the legal framework’s efficiency, transparency and predictability, the Foreign Affairs Ministry (MAE) informed.

According to a release of the MAE, Comanescu welcomed the presence of AMRO in Bucharest and highlighted the priority he gives to the development of the economic diplomacy. He restated the importance of deepening the economic dimension of the Romania-USA Strategic Partnership, a target shared by both governments, and the special potential to expand cooperation on this level.
“Minister Lazar Comanescu stressed the Romanian economy’s performances and the positive forecasts for 2016, encouraging the American investors to capitalize the long-term opportunities offered by Romania to expand operations and increase investments in Romania. In the current security context in the region, he invited the companies to evaluate the possibility of relocating to Romania some of their investment projects, given the country’s stability as compared to other states in the region and the government’s actions to boost the legal framework’s efficiency, transparency and predictability,” the release mentions according to Agerpres.

He reasserted the Romanian authorities’ interest in the capitalization by the American companies of the regional ‘hub’ potential of the country, in strategic cooperation fields such as the IT, infrastructure and energy security. He also expressed the interest in developing joint projects of American and Romanian companies on third markets.

Comanescu asked the American companies to support Romania’s objective of accessing the Visa Waiver programme.

The AMRO delegation thanked for the constant support of the MAE to the Council’s initiatives and to the dialogue with the Romanian bodies of the central administration.

“The representatives of the US companies’ management expressed satisfaction for the projects they develop in Romania, as well as their interest in contributing further to boost the Romanian-American economic exchanges. They also appreciated the openness shown by the Romanian institutions, reasserting the necessity to continue the governmental policies in terms of tax stability and of investment climate, considering the nature of the projects they unfold in Romania, on the long term,” says the MAE release.

The American-Romanian Business Council – AMRO, an non-profit based in Washington, aiming to promote the economic relations between the U.S. and Romania, was launched on 25 January 2012, initially with only 10 member companies. AMRO now counts for 20 reputed American companies in various businesses – energy, agriculture, defence industry, pharmaceuticals, manufacturing, storage infrastructure, insurance.

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