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June 29, 2022

FinMin Teodorovici in Washington: Meetings with representatives of US business environment

Minister of Public Finance Eugen Teodorovici met on Thursday in Washington, where he will attend the World Bank and International Monetary Fund Spring Meeting, with representatives of the Romanian-American Business Council (AMRO) and of several companies that are part of the Business Council for International Understanding (BCIU),  a press release issued by the Ministry of Finance informs.

The companies that had representatives at the meeting with the Romanian Finance Minister are Motorola Solutions, Textron, Exxon Mobil, Parsons Corporation, Amgen, Amro, Google, Swiss Re Management, Merck and Lockheed Martin.

At the meeting, the Minister of Finance presented Romania’s stable macroeconomic framework and its growth potential, the release specifies.

The second topic that was tackled was the provision of a legal framework conducive to foreign investment.

“We have established a foothold of the Romanian-American economic relations and met representatives of BCIU, whom we invited to invest in Romania. The attitude of the American party was favorable and we held an open discussion about the economic environment and Romania’s development potential,” Eugen Teodorovici said.

In his turn, Senior Vice President of BCIU Jeffrey Donald described as constructive and pragmatic the discussion with the Romanian minister and appreciated the direct approach in the relation to the business environment.

Eugen Teodorovici met with representatives of the World Bank, namely Koen Davidse, executive director of representing the constituency of which Romania is also part, Arup Banerji, Regional Director for the European Union Countries, Tatiana Proskuryakova, Country Manager for Romania and Hungary. During talks, they tackled collaboration within the constituency and reviewed the existing and future projects of the Bank in our country as well as the future developments and prospects in areas of interest for the Romanian Government.

Minister Teodorovici will chair the delegation of the Council of the European Union to the meeting of the G20 Finance Ministers and Central Bank Governors and the meeting of the International Monetary and Financial Committee (IMFC).

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