Romania - Sri Lanka maritime trade cooperation is essential, given the geographical position of the two countries, is the opinion voiced by president of the Romanian Chamber of Commerce and Industry (CCIR) Mihai Daraban at a meeting on Wednesday with Minister of Foreign Affairs of the Democratic Socialist Republic of Sri Lanka Ali Sabry, on the sidelines of the official visit to Romania by representatives of the Sri Lankan government.Referring to ways of boosting trade relations with Sri Lanka, the CCIR president emphasized that the geographical position of the two states "essentially shapes" their maritime cooperation."Sri Lanka is a maritime trade hub in the South Asian region, with trans-shipping accounting for 75 percent of the activity of the Port of Colombo. At the same time, Romania, through Constanta Port - the only left functional at the Black Sea - is the gateway for goods entering Central and Western Europe. It is worth noting that over 170 Sri Lankan companies are present in our country, and we consider them to be true ambassadors of this state to Romania, which, together with domestic businesses, can bring added value to the economies of the two states," said Daraban.In his turn, Sri Lanka's Foreign Minister Ali Sabry stated that due to its access to the Black Sea, but also to the fact that it is a EU member, Romania represents a major interest for the economic development of the South Asian island state.Today, relations between the EU and Sri Lanka are governed by a comprehensive cooperation agreement on partnership and development, which came into force in April 1995. Thus, the EU became Sri Lanka's second-largest trading partner after China and its second main export destination, absorbing 22.4 percent of Sri Lanka's exports in 2020. At today's meeting with the CCIR management we identified real business development opportunities for Romanian and Sri Lankan entrepreneurs. For us, the connection we established with CCIR - Romania's most important business promotion vector - is essential, said Ali Sabry.
June is the richest month. The most awaited two weeks in my annual festival pilgrimage. The route starts with Romania’s Transilvania International Film Festival (TIFF), followed by Italy’s (and the world’s) most comprehensive festival for restored and archival film: Il Cinema Ritrovato. To shake up the traditional article on the two, I’ll start with the […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Roughly 70% of Romanians are “very” or “moderately” concerned about how AI accesses and uses their data, according to the latest survey conducted by RoCoach in partnership with Novel Research between May and June 2025. Distrust in automated decision-making and the demand for regulation are becoming more pronounced, as Romania rolls out major digitalization projects […]
The Armenian Street Festival returns for a 9th edition between August 1 and 3, 2025, in the “Dimitrie Brândză” Botanical Garden in Bucharest. The festival brings into focus the living heritage of the Armenian community in Romania and the diaspora. According to the organizers, this year’s edition aims to strengthen the Bucharest–Chișinău–Yerevan cultural axis, articulated […]
The Romanian mergers and acquisitions market registered a total of 122 announced transactions in the first half of 2025, with a value exceeding EUR 2.7 billion, marking a slight increase of 6% in volume and 4% in value compared to the same period last year, according to an analysis by George Ureche, partner at PwC Romania. […]
