Romania’s target for 2019 is to cross the USD 1 bln mark for exports to China, the Ministry for Business Milieu, Commerce and Entrepreneurship (MMACA) said in a release on Friday. Cutting the deficit in Romania – China bilateral trade was one of the subjects approached by the Romanian side at the 27th Session of the Romania – China Intergovernmental Economic Cooperation Committee organized in China. “The sides set up a working group to improve trade relations and that will also look at the barriers set to Romania’s exports to China, with a view to taking exports past 1 bln US dollars in 2019,” the release said. Minister for Business Milieu, Commerce and Entrepreneurship Stefan-Radu Oprea, on an official visit to China that is mainly aimed at reducing the trade deficit and promoting Romania as investment destination, met on Friday with China’s Assistant Minister of Commerce Ren Hongbin. The two officials signed the protocol of this year’s session of the Romania – China Intergovernmental Economic Cooperation Committee, which sets out the guidelines for bilateral cooperation until the next session. The main areas approached are energy, infrastructure, IT & C, advanced technologies, environmental protection and tourism. Strengthening bilateral cooperation in agriculture and Romanian export of agri-food products to China were the highlights of the talks. “Our message was that the Romanian economy has the potential to support an accelerated growth of exports. We also showed that the Romanian government, in a business-oriented approach, has taken a series of measures to create a friendly business climate, promoting an equal and non-discriminatory treatment of all economic partners, regardless of their provenance,” Oprea said. The Romanian minister invited the Chinese official to Romania for the next session of the Committee, which will run concomitantly with an economic forum attended by representatives of state-owned and private companies. The visit of the Minister for Business Milieu, Commerce and Entrepreneurship to Beijing, November 1 to 4, also included talks with officials of the Industrial and Commercial Bank of China (ICBC) and large companies to promote public-private partnership projects. According to official data, Romania – China trade amounted to an aggregate of 4 billion dollars in the first eight months of 2018, of which Romanian exports to China account for 604.02 million dollars (up 14.81 pct YoY) and imports from China stand at 3.43 billion dollars (up 26.31 pct YoY).
Low-cost airline Wizz Air, a major operator in Romania, announced the largest expansion of its network in the country so far for the 2025 winter season on Thursday, August 14. The expansion includes 15 new routes from all over Romania to destinations in the EU. The new routes will connect Bucharest Otopeni, Cluj-Napoca, Iași, and […]
Social and political activists within the Declic Community have contested the appointment of controversial judge Lia Savonea as president of the High Court in Romania with the Superior Council of Magistracy, or CSM. The motion to contest Savonea’s appointment is based on several irregularities in the appointment process. The legal action is supported by a […]
The official teaser for The Yellow Tie/Cravata Galbenă, a biographical drama inspired by the life of famed Romanian conductor Sergiu Celibidache, was released on Thursday, August 14. The film stars John Malkovich alongside Miranda Richardson, Ben Schnetzer, Kate Phillips, Sean Bean, Anton Lesser, and Charlie Rowe. Covering more than seven decades, the film follows Celibidache's […]
According to data from the Ministry of Education's report on the state of higher education in Romania, for the years 2022–2023, only 1,948 out of a total of 240,000 teachers in state education in Romania have completed postgraduate studies and courses. As such, only 0.8% of all teachers at the national level follow advanced forms […]
Romanian border police announced on August 13 that they had seized 473 mobile phones suspected of being counterfeit, with an estimated value exceeding RON 3 million. The discovery was made the day before, on August 12, during a routine patrol near the Nădlac border area. ...
Seven performances from the OFF Avignon Festival, one of the world's largest theater events, will be held at the International Shakespeare Festival in Craiova in 2026, following the establishment of a partnership between the two. The official launch conference of Shakespeare Of(f) Avignon, which took place at the Village du OFF, was attended by H.E. […]
