BUSINESS ECONOMY FINANCE&BANKING INDUSTRY

BusinessMin Ilan Laufer, on official visit to Hong Kong, Japan, South Korea

The support to the internationalisation of the Romanian companies, the economic cooperation between Romania and Asia and the promotion of the investment offer are among the objectives of the visit to Hong Kong, Japan and South Korea of Minister for Business Milieu, Commerce and Entrepreneurship, Ilan Laufer from 16 to 22 of September, the relevant ministry informs.

Minister Laufer had a meeting on Monday with Charles Ng, managing director of Invest Hong Kong, with the sides talking about the support the Asian company could give to the Romanian companies with international potential.

“The parties emphasised the advantages offered by the fact that Hong Kong is a central economic hub for the access of the Romanian companies on the Asian market, Romania also being in the position to represent an entrance gate for the Asian companies in the European Union. The talk revealed the interest and appreciation of the external partners for the Bucharest Government’s wish to support and enhance the business milieu; the 5.8 pct economic growth of Romania in H1 2017 – the EU’s highest – was highlighted as a factor of attractiveness and confidence from the external partners,” the release reads.

Moreover, the sides addressed the possibility to participate in events organised in Hong Kong, BlockChain and Fintech, wherein the start-ups could find a common platform for the identification and development of the cooperation projects in fields with added value, namely the collaboration on E-commerce solutions, to ease the Romanian companies’ listing at the Hong Kong stock exchange, common projects in cyber security, fintech, blockchain, to internationalise the start-ups and the large companies of Asia through the Romania HubIT programme. Other topics tackled at the Invest Hong Kong referred to a future collaboration with the Chamber of Commerce and Industry of Romania to facilitate the participation of some Romanian companies in two of the most important events of the international start-up ecosystem; Fintech Week – in Hong Kong on 23-27 October and StartUp Festival, also in Hong Kong, from 29 January to 4 February 2018.

Also on Monday, Minister Ilan Laufer met Stephen Liang, the Executive Director with the Hong Kong Trade Development Council (HKTDC), the main topics addressed by the two officials being the Bucharest Government’s programmes and projects for the business community’s enhancement.

In this context, Hong Kong Trade Development Council announced intention to organise in Bucharest next spring a seminar on topics dedicated to promotion and support of the business milieu’s development, as well as on know-how swap in building and launching of online platforms for start-ups, wherein entrepreneurs could find complete information, from mentoring to funding.

During talks were also analysed solutions on the business incubators’ active interconnection with education and research institutions, public bodies, business milieu and investors, the ministry’s release concludes.

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