On Monday, the Government adopted two bills for the ratification of the treaties between Romania and the Government of Malaysia on extradition and mutual legal assistance in criminal matters.The treaty between Romania and the Government of Malaysia on extradition was signed in Kuala Lumpur on December 6, 2021. According to the Executive, by this treaty, Romania and Malaysia undertake to surrender to each other any person in the territory of one of the parties and who is accused of an offense or is being prosecuted for the execution of a custodial sentence imposed by the judicial authorities of the parties. The Treaty provides for the extradition obligation, the extraditable offenses, the grounds for refusal, the rules on the extradition of one's own nationals, the extradition procedure and other provisions.The Treaty between Romania and the Government of Malaysia on mutual legal assistance in criminal matters was also signed in Kuala Lumpur on December 6, 2021, and it aims to facilitate cooperation between the Romanian and Malaysian judicial authorities, also providing for the possibility of recourse to other forms of assistance, to the extent permitted by the laws of both states.The document regulates the areas in which the parties are to assist each other, as well as the exempted areas; the location or identification of persons and objects; the issuance of letters rogatory, including hearing by video conference; competent central authorities; the execution of search, seizure and confiscation requests; transmission of documents, evidence and objects.Provisions are also stipulated as to the form and content of the request for legal aid, the situations in which the execution of a request may be refused, the obligation to ensure confidentiality and restrictions on the use of evidence and information for purposes other than those arising from the request for assistance. Communication between the Romanian and Malaysian judicial authorities will be carried out through the central authorities designated for this purpose.
Romanians celebrate Saint Nicholas (Sfântul Nicolae) on December 6, a tradition that has grown far beyond its religious roots and signals the official start of the holiday season. The day is especially beloved by children, who eagerly prepare their freshly polished boots in hopes of finding small gifts in the morning. Many Romanians also celebrate […]
The newest episode of Voices of Romania, Romania Insider’s interview series, is now available on Spotify, YouTube, Apple Podcasts, Deezer, and all...
ASFAT, a wholly state-owned company operating under Türkiye’s Ministry of National Defence (MoND), has signed an agreement for the delivery of the light corvette Akhisar to the Romanian Naval Forces. This transaction represents a milestone for Türkiye’s defence industry, as it is the first international sale of a combat ship built in Türkiye to a […]
Wind projects with a total capacity of almost 316 MW have been declared winners in the third auction under the Contracts for Difference (CfD) scheme, above the minimum threshold set by the Ministry of Energy, according to sources quoted by Economica.net. The third auction was organised because of insufficient projects approved under...
Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Romania-based, state-owned bank CEC Bank at BB/stable, its Viability Rating (VR) at bb, and Government Support Rating (GSR) at b, based on the bank's moderate, albeit strengthening, business profile, adequate capitalisation, and reasonable funding and liquidity. This puts the Romanian bank's rating two notches […]
Romania's Ministry of Transport blocked a key procedural step required for the listing of Bucharest Airports Company on the Stock Exchange (BVB) after opposing an item on the shareholders' agenda concerning the resumption of the auditor selection process. The vote took place at the end of November, following a request by Fondul Proprietatea, which holds […]
