BUSINESS COMPANIES ECONOMY INVESTMENTS

UK ambassador Brummell says very good perspectives for British business developing in Romania

British ambassador in Bucharest Paul Brummell said on Wednesday that plans are afoot for the development in Romania of businesses running on British capital, and that he considers the perspectives for this are very good.

“My role is to help the UK and Romania work together. That’s why I am here in Ploiesti, for the signing of the memorandum between the British-Romanian Chamber of Commerce and the Prahova Chamber of Commerce and Industry. I think this is a signal that we want to develop our business, and I believe prospects for this are very good”, the ambassador said in Ploiesti.

With regard to the tax policy, the diplomat expressed his confidence that broad consultations will be held at government level with all interested parties.

As far as the tax policy is concerned, it is of course for the government to decide which is the most appropriate policy. Consultations are important, it is important to understand the impact of the changes, and I hope and I am sure that there will be a broad consultation with all the interested parties, investors, large and small companies included. … This here is the government’s role, it’s not our role as an embassy in this area, the British ambassador said, according to Agerpres.

Attending in Ploiesti the signing of the cooperation agreement between the British-Romanian Chamber of Commerce and the Prahova Chamber of Commerce and Industry, Brummell pointed out that the document represents the recognition of the importance of Prahova County for the UK – Romania commercial ties.

Paul Brummell mentioned that some 4,000 British companies are operating in Romania.

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