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Romanian PM announces joint business forum with Germany later this month

| 2023-09-11 3 min read

Romanian PM announces joint business forum with Germany later this month

Reading Time: 3 minutes

Romania’s development and evolution are defined by resilience, sustainability, transparency, equity and efficiency, Romanian Prime Minister Marcel Ciolacu told the Annual Meeting of Romanian Diplomacy last week. 

Romania must enter as many foreign markets as possible, Ciolacu said, and he asked Romanian Foreign Minister Luminita Odobescu to initiate a mechanism for monitoring and integrating business proposals and opportunities for the government.

Ciolacu announces new Germany trade initiative

“Personally, two months ago I made an important working visit to Germany, our main trade partner. I met with the German chancellor and the business environment. We will organize, at the end of September, a Romanian-German business forum. The clearest example of the desire to intensify commercial ties with our partners,” announced the prime minister. 

Ciolacu emphasised that “Romania has the necessary capacities to produce, attract investors and strengthen its internal and external economic bridges”. 

PM backs Ukraine, Moldova in EU

“At the same time, I emphasize our support for the start, as soon as possible, of the accession negotiations to the European Union for both Ukraine and the Republic of Moldova. 

“We are following the transformation of Romania into a regional hub on the Black Sea, a key actor in the fields of energy, agriculture and digitisation. We have the potential to become a major regional actor in the field of the defence industry,” Ciolacu said. 

He set out his government’s priorities as “anchoring Romania in the community of European values, economic diplomacy, reporting to the security context, the attention directed to the diaspora, the correlation of our internal and external policy.”

According to Ciolacu, “Romania’s development and evolution are defined by resilience, sustainability, transparency, equity and efficiency. It is a government that offers stability, but it is also a government of the assumption of a large project of economic and social modernisation of the country. 

The restoration of rules, reforms, prosperity and the premises of healthy economic growth underpin our actions. As we have already said, our desire is to strengthen a cohesive society, defined by solidarity, we want our citizens to benefit from the improvement of the education and health system, the reduction of inequalities, we want an open society, where citizens can feel appreciated and supported. 

EU key pillar of Romanian development

Membership in the EU has been and remains an essential pillar of Romania’s development in the last 16 years. The EU is the edifice in which the Romanian economy grows, for the benefit of all citizens. 

Ciolacu wanted to specify that “a firm foreign policy must be based on consistent internal policies, designed for the medium and long term and not on current political interests”. 

“This is what we set out to do when we started the reforms necessary to fit into the budget deficit targets, which will allow us to continue benefiting from European funds, vital for Romania’s development. 

Ciolacu also showed that “an important tool from the point of view of diplomacy, as well as from the point of view of economy, infrastructure and connectivity is the Three Seas Initiative”. 

PM thanks European bodies for emergency response

He also emphasised that “Romania’s accession to the OECD is a top priority of this government. As you know, the process has both an internal dimension, of reforms and reaching certain indicators, and an external dimension, of negotiation and cooperation with the Organization and with the Member States”. 

“The period we are going through is placed under the sign of immediate action. An example of solidarity is the immediate support we received within the European Civil Protection Mechanism, a mechanism we activated these days to help us manage the consequences of the Crevedia disaster,” he said, referring to the explosion at an illegal gas station exploded near Bucharest in late August, killing 3 and injuring around 50. “In this way, I thank the European states that helped us and are helping us to overcome these difficult moments,” Ciolacu said.