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December 5, 2022

FinMin Citu, US Ambassador Zuckerman discuss increasing US infrastructure investment

Minister of Finance Florin Citu met on Thursday with the ambassador of the United States of America in Bucharest, Adrian Zuckerman, with the two discussing mainly increasing American investments in infrastructure, but also the financial sector.

“I had a very good meeting with His Excellency Adrian Zuckerman, ambassador of the United States of America in Bucharest, during which we discussed plans to increase US investment in infrastructure, the financial sector and other important areas of the economy. We agreed that the economy of Romania is recovering much faster than anyone would have expected. At the same time, during the meeting, we talked about economic recovery plans and the creation of a stable framework for investments,” Florin Citu wrote on his Facebook page on Thursday.

Last week, Romania and the USA initialled an extended intergovernmental agreement that allows cooperation in areas of importance to Romania, such as the project of the Cernavoda Nuclear Power Plant Units 3 and 4, the refurbishment of Unit 1, as well as cooperation at various levels in the Romanian civil nuclear sector. The event took place on the occasion of the official visit to the USA of the Minister of Economy, Energy and Business Environment, Virgil Popescu.

“Apart from the initialled agreement, we were able to identify the US interest in a 7 billion US dollar funding component for the development of energy projects – including nuclear and liquefied natural gas and infrastructure – road, rail, gas storage, through a Memorandum of Understanding with Exim US. We also had a meeting in Washington D.C. with representatives of the United States International Development Finance Corporation (USDFC) to expand this financial interest by involving various US financial institutions. I would like to thank everyone involved for making this agreement and memorandum become a reality. They started with the joint statement of the Presidents of the two partner states, Mr. Klaus Iohannis and Mr. Donald Trump, on August 20, 2019, and for the effective start of this cooperation we thank the Prime Minister of Romania, Mr. Ludovic Orban, the US ambassador to Romania, His Excellency Adrian Zuckerman and the Secretary of Energy’s team,” Minister Popescu said in a statement sent to AGERPRES on October 9.

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