The Minister of Foreign Affairs, Luminita Odobescu, signed the Law of the Sea on the conservation and sustainable use of marine biological diversity of areas beyond national jurisdiction, also known as the Treaty of the High Seas, as part of her participation in the high-level segment of the 78th session of the UN General Assembly.According to a press release from the Ministry of Foreign Affairs (MAE), sent on Thursday, the political significance of the treaty is special, demonstrating the current level of ambition of the international community, the interest in environmental protection and ocean protection."The treaty, adopted on June 19, 2023, by consensus, after approximately 20 years of negotiations, applies the Montego Bay Convention on the Law of the Sea and regulates aspects regarding the conservation and sustainable use of marine biodiversity in areas outside national jurisdiction, such as : the conservation of marine genetic resources and the protection of biodiversity, including through the establishment of marine protected areas, the way of carrying out the assessment of the impact on the environment, the way of sharing the benefits, the transfer of technology and the strengthening of the capacities of developing states," states the Ministry of Foreign Affairs.
The Romanian chain of stores Contakt, a leader in mobile phone accessories retail, announced its entry into the Czech market this week. The company is currently conducting an initial public offering (IPO) on the Bucharest Stock Exchange (BVB). Contakt has already signed for two locations in Prague, in premium retail areas located in high-traffic malls. […]
Romania is expected to be affected by a mass of Saharan dust between November 21 and 23, according to the National Meteorological Administration (ANM), as reported by Digi24. The airborne particles, carried by a south-westerly air flow, will spread across much of the country, with dust deposits becoming visible particularly in areas...
Romania’s business landscape has undergone a significant transformation, with company revenues tripling and profits increasing more than fourfold between 2008 and 2024, according to a comprehensive study released by Termene.ro. Based on official financial data, the research highlights what analysts describe as the country’s entry into a “new normal” of economic maturity. The study showed […]
The former Romanian midfielder Gheorghe Hagi is in 82nd place in the ranking of the greatest footballers of all time, compiled by international sports magazine The Athletic, cited by TuttoMercatoWeb. In the opinion of The Athletic, the greatest...
Romania has considerably increased its budget for healthcare in recent years, but it remains last placed in the European Union, with EUR 971 per inhabitant going to the health system, Digi24 reported. Most of this amount is spent on the salaries of doctors and nurses. The EU average regarding...
A truck belonging to a Moldovan transport company loaded with weapons was detected at the Albita Customs, at the entrance to Romania, on November 20, Europa Libera Romania reported. According to the documents, it was intended for an Israeli beneficiary, but this has not been...
