While paying a working visit to Bucharest on Wednesday, Japan’s State Minister for Foreign Affairs Nobuo Kishi was pleased to note, during the meeting with his Romanian counterpart Teodor Melescanu, the upward trend of Romanian-Japanese cooperation in recent years, which is reflected also in the fact that Japan is the biggest Asian investor in Romania.
During the meeting, Melescanu emphasised the special importance that Romania gives to the boosting of relations with Japan, through the consolidation of high-level political dialogue and the expansion of bilateral economic cooperation. At the same time, the Romanian Foreign Minister expressed his appreciation for the presence of Japanese companies in Romania, as well as his hope that new Japanese investments will be attracted, against the backdrop of an attractive Romanian economic environment characterised by solid economic growth, a favourable fiscal system and a highly-skilled labour force. The Romanian official outlined the economic cooperation opportunities in IT, auto industry, agriculture and tourism.
The two officials talked about the construction of the Gara de Nord – Henri Coanda Airport subway mainline, which benefits from Japanese financing too. The Romanian official emphasised the Romanian authorities’ determination to finalise the project, the adoption of the Government Decision on expropriations along the path of the subway mainline, on July 13, being proof of it. Likewise, also invoked were the consistency and potential of bilateral collaboration in the field of research, science and technology, also illustrated by the presence of Japanese professor Kazuo Tanaka as Scientific Director at the Extreme Light Infrastructure – Nuclear Physics (ELI-NP) Project in Magurele.
Both sides expressed the desire to develop cooperation in the field of education, culture and interpersonal exchanges. In this context, the Romanian minister expressed his special interest in the visa waiver regime for Romanian tourists who travel to Japan being made permanent, the visa waiver regime being currently temporary.
The meeting also occasioned an exchange of opinions on current developments on the international stage, with emphasis on security aspects in East Asia and Eastern Europe, and on the future of the EU and Brexit.
Apart from the meeting at the Romanian Foreign Affairs Ministry, the official schedule of the Japanese official’s working visit to Bucharest also included meetings with Romanian President Klaus Iohannis and Romanian Prime Minister Mihai Tudose. This was the Japanese high official’s second visit to Romania. His previous visit took place in December 2013.
President Iohannis encourages new Japanese investment in Romania
President Klaus Iohannis welcomed on Tuesday at the Cotroceni Presidential Palace Japan’s State Minister for Foreign Affairs Nobuo Kishi to encourage new Japanese investment in Romania.
According to a Presidential Administration statement, discussed at the meeting were the latest developments in and prospects for consolidating the partnership between Romania and Japan, with emphasis on making more dynamic their high-level political contacts and their economic cooperation, as well as strengthening their cultural and interpersonal exchanges.
“President Klaus Iohannis voiced Romania’s wish to strengthen the excellent partnership relations between the two countries, as well as to intensify their high-level political contacts. In his turn, State Minister for Foreign Affairs Nobuo Kishi showed that Romania is an important partner to Japan, the strategic relevance of which has increased over the recent years, at the same time with a solid economic growth, which makes it attractive to the Japanese business environment. The Japanese high official underscored that Japan wants to extend and strengthen its cooperation with Romania,” the statement shows.
At the same time, Iohannis encouraged new Japanese investment in Romania, showing that the country’s economy has high potential, including by capitalising on enhanced opportunities of economic cooperation that open up in relation with Japan following the completion of negotiations over the EU-Japan Agreement of Economic Partnership and the Agreement of Strategic Partnership at an EU-Japan Summit of July 6.
Iohannis hailed the completion of the two agreements and underscored the support both countries grant to free trade values.
The two officials also exchanged opinions on the recent developments in the Korean Peninsula.
“President Iohannis reiterated Romania’s firm position on North Korea’s actions, which are violating the relevant resolutions of the UN Security Council,” the statement reads.
PM Tudose meets Japan’s Kishi : Romania is stable; developing relations with Japan, special priority
Prime Minister Mihai Tudose presented the incentives Romania has to draw Japanese investment, at a meeting at the Victoria Governmental Palace on Wednesday with a delegation headed by visiting State Minister with Japan’s Foreign Ministry Nobuo Kishi.
“Romania is a safe and very stable country from a political and fiscal point of view, and it has a high potential to draw foreign investment. Developing relations with Japan is a special priority to Romania, also included in the governance programme and we have an interest in elevating the Romanian-Japanese relations to a strategic partnership level,” Tudose said, according to a press release by the Romanian Government’s press office.
The PM mentioned among these incentives “solid economic growth recorded by Romania, with encouraging forecast of the next years, workforce qualification, a strong IT sector, as well as a geographic position benefiting the market entry of Japanese products in Europe.”
“Other potential areas of interest for the Japanese investors in Romania, mentioned at meeting at Victoria Palace, including in the context of Brexit and possible relocation of Japanese companies from the UK, are the banking sector, transport and infrastructure, the automotive industry, agriculture and tourism,” the release reads.
At the same time, Tudose and the Japanese delegation discussed the progress with the M6 North Station – Otopeni Airport metro line, mentioning as proof to the point the passage on July 13 of a governmental decision concerning expropriations via the new route.
In his turn, the Japanese official underscored that Romania represents to Japan a strategic partner in terms of economic and commercial cooperation, factoring in the economic growth mentioned by the PM.
“I hope Romania will be regarded by the business environment of Japan as a very attractive market for investment. Chances for economic and trade cooperation between our countries will be even higher after the coming into force of the strategic partnership and free trade agreement between Japan and the European Union,” Kishi is quoted as saying in the release.
The release also mentions that Japan is currently the largest Asian investor in Romania, and that about 150 Japanese companies operating in Romania have created more than 38,000 jobs.