The world geopolitical environment is marked by distrust and disrespect for the international order, which leads to the escalation of regional conflicts and a new arms race, Romanian Foreign minister Luminita Odobescu on Monday told the Conference of States Parties (CSP10) to the Arms Trade Treaty (ATT) in Geneva that runs through Friday under the Romanian presidency."These challenges require a new commitment from the states parties for the treaty to achieve its purpose and have a significant impact on international security. The goal is more important than ever: to reduce people's suffering and to contribute to international and regional peace, security and stability," Odobescu is quoted as saying in a press statement released by the Romanian Foreign Ministry (MAE) on Monday.In her opening remarks, Odobescu mentioned the 10th anniversary of the Arms Trade Treaty, underlining its essential role in the current geopolitical context, as well as the importance of cooperation among all the actors involved in reducing human suffering, promoting peace, security and international stability. She also pointed to the priorities of the Romanian Presidency of CSP10 regarding the adoption of a pragmatic and structured strategy of the efforts to universalise the treaty, as well as a new orientation in the activity of the ATT focused on addressing practical aspects of implementation.Romania took over the CSP10 presidency on August 25, 2023, which it holds throughout August 23, 2024, through the Permanent Representative of Romania to the United Nations Office in Geneva and international organisations based in Switzerland Razvan Rusu. Under its CSP10 presidency, Romania has encouraged dynamising dialogue among the party states on the effective implementation of the treaty, universalisation activities and measures to increase the transparency of exports and imports of conventional arms. At the same time, the priorities of the Romanian presidency included holding debates on the role of inter-institutional cooperation in the implementation of the ATT provisions.
Wizz Air has expanded its base at Timișoara International Airport, in western Romania, by adding a third aircraft and launching five new routes this month. The expansion marks another milestone for the carrier, which has transported more than nine million passengers to and from Timișoara since beginning operations there in 2008. Starting this week, passengers […]
Tech giant Apple announced a major expansion of its clean energy projects across Europe with new large-scale solar and wind farms under development in Romania, Greece, Italy, Latvia, and Poland. The local project is located in Galați County. Together with a newly operational solar array in Spain, the projects announced on Tuesday, October 14, will...
Romanian president Nicușor Dan argued that there is a lot of room for new American investments in areas such as energy or artificial intelligence in Romania in an interview given on Monday, October 13. The head of state said that foreign investments increase Romania’s economy and are generally beneficial to long-term growth. “There is a […]
British rock icons The Cure and American duo Twenty One Pilots will headline the 2026 edition of Electric Castle, one of Romania’s largest music festivals. The event will take place on July 16–19 at Banffy Castle in Bonțida, near Cluj-Napoca. Festival passes are available on the event’s website, with early bird prices offered through midnight, […]
Romanian prime minister Ilie Bolojan attended the launch of a new Mercedes-Benz assembly line for propulsion units on Monday, October 13, in Sebeș, central Romania. The new line will service fully-electric GLC models produced by the German carmaker. The new high-tech production line has a 15,000-square-meter assembly line, over 1,000 meters in length, and more […]
The merger between Intesa Sanpaolo Bank Romania and First Bank has entered its final stage and is scheduled for completion on October 31, pending all necessary legal and regulatory approvals, including from the National Bank. According to the two institutions, First Bank will merge by absorption with Intesa Sanpaolo Bank Romania, transferring its clients, products, […]
