BUSINESS ECONOMY SUPPLEMENTS

AmCham Romania: Romania- U.S. bilateral relations set a favorable context for economic collaboration

On the occasion of the U.S. Independence Day Celebration, the American Chamber of Commerce in Romania (AmCham Romania) acknowledges the commitment reiterated at the highest level by the two countries for continuing their collaboration in the areas of defense and for intensifying the trade exchanges.

It is critical for Romania to increase efforts to raise its profile as an investment destination for U.S. companies, through continuing firm reforms, observing the commitments Romania adhered to within the international structures it belongs to, by ensuring a transparent, predictable and stable business climate. In 2017, the 20th anniversary of the U.S. – Romania Strategic Partnership offers our country increased visibility from a political, military and even economic perspective which set favorable premises for boosting trade between the two countries, stated Jaak Mikkel, AmCham Romania President.

Investment decisions are still very much relative to the internal country realities, and investors, regardless of their country of origin, assess economic competitiveness in terms of stability, predictability, transparency of the decision-making process, legislative and fiscal framework, bureaucratic burden, efficiency and quality of administration and public services, quality of infrastructure or the human capital availability.

Romania is frequently referred to as an U.S. trusted ally and AmCham’s call to Romanian authorities at this anniversary moment is to spare no effort for maintaining this statute through continuing the fight against corruption and observing the rule of law, through a predictable and transparent economic governance. We are confident that this is the only way that Romania can retain and attract more capital, financial and human.

AmCham Romania reaffirms its openness for public-private dialogue for promoting members’ business priorities – U.S., Romanian and international companies, in order to improve the public policies and the business climate in Romania. As long as current U.S investors are running successful operations in the country, this will help attract further transatlantic investors.

***

ABOUT AMCHAM ROMANIA:

The American Chamber of Commerce in Romania (AmCham Romania) is the first choice for advocacy and business growth in Romania. The organization was based in 1993 and represents over 400 members – U.S., international and Romanian companies, with total investments worth over USD 20 billion and generating approximately 250,000 jobs.  AmCham Romania is firmly committed to facilitating an open dialogue between the business community and the central authorities, promoting transparent solutions and priorities for making Romania a better home for businesses and increasing the country’s economic competitiveness in the region and at European level. AmCham Romania is an accredited member of the U.S. Chamber of Commerce and part of the European network – AmChams in Europe.

 Contact: Andreea Roman, Communication Manager E: aroman@amcham.ro T: 021 312 48 34

Related posts

Allianz research on COVID-19: A timid “whatever it takes” from policy makers across Europe

NINE O'CLOCK

FDI in Romania, Jan.-Aug. 2015: EUR 2.3 bln

Nine O' Clock

First EIB loan to a corporate in Romania’s local currency. EU bank continues to support gas supply upgrade with the EFSI guarantee in Europe, grants equivalent of EUR 50m to Transgaz

Nine O' Clock