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.
One United Properties, the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated to improving […]
The investment includes the modernization of the production unit in Crevedia and the launch of PIUA, Maidan’s first premium spreadable product range, responding to the growing demand in the ready-to-eat market. Maidan, a company active in corporate and private event catering, industrial catering and the development of its own gastronomic products, announces a total investment […]
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated […]
Unanimously adopted, the Nordis Law marks a decisive moment for Romania’s residential market. It introduces a set of rules designed to protect buyers, hold developers accountable, and reduce speculative risks, with a strong focus on transparency and stability. Under the new legislation, the reservation fee cannot exceed 5% of the property value, reservation contracts cannot […]
Via Dobrogeana, a planned trail covering the southeastern part of the country, aims to offer travelers the opportunity to explore the region's cultural and ethnic diversity. The trail will be about 850 km long, stretching from the 17th-century Sfânta Precista Monastery in Galați to Ialomița County. Via Dobrogeana will be a mixed route. In addition […]
Police and prosecutors carried out 25 searches in Romania and Italy on Tuesday, November 18, aiming to dismantle a group made up of four families, who allegedly sexually exploited, mainly in Italy, more than 30 victims. After the searches, 19 people were detained, and two others were placed under judicial control for forming an organized […]
