Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. ForMin Odobescu: Romania supports use of Russian assets...

ForMin Odobescu: Romania supports use of Russian assets frozen in the EU for Ukraine's reconstruction

September 28, 2023

  Foreign Affairs Minister Luminita Odobescu, in remarks at a press conference delivered together with her Lithuanian counterpart Gabrielius Landsbergis on the sidelines of the Annual Meeting of Romanian Diplomacy in Bucharest, declared that Romania supports the identification of a legally sound solution to use the Russian assets frozen and immobilized in the EU for Ukraine's reconstruction."We reviewed the measures aimed at sanctioning and holding Russia accountable. We agreed on the relevance of the coordinated sanctions adopted in cooperation with our allies and partners, with an emphasis on strengthening the transatlantic relationship and the actions initiated together with the G7. We pointed out that in the case of Russia's illegal aggression against Ukraine, there is need for three-tiered coordination: adoption, implementation and countering sanctions evasion. In this regard, we welcomed the strong emphasis on counteracting the evasion of the eleventh sanctions package. I conveyed Romania's support for identifying a legally solid solution to use the Russian assets frozen and immobilized on the territory of the European Union for Ukraine's reconstruction," Odobescu said.The Romanian top diplomat mentioned that the "strong support" of the two states for Ukraine's independence, sovereignty and territorial integrity was reaffirmed during the bilateral talks."We reiterated the firm and applied support for the European integration and Euro-Atlantic aspirations of Ukraine, concluding that the support from the international community is not aimed at Ukraine alone, but upholds the principles and norms of the rules-based international order," she said.The Romanian foreign minister also emphasized the need for an adequate and firm response to attempts to destabilize the Republic of Moldova, highlighting the special relevance of strengthening Moldova's resilience against the backdrop of Russia's war of aggression against Ukraine, as well as of hybrid actions aimed at destabilizing this state.Also, Luminita Odobescu remarked the "encouraging evolution" of commercial exchanges with Lithuania and expressed Romania's interest in developing ties in the fields of energy, cyber security, defense, education and culture. She also thanked Lithuania for supporting Romania's Schengen accession."Today's discussions reconfirmed the close cooperation we have on the major European files and the fact that we have very close stances that pursue to strengthen and support the European construction. With my Lithuanian counterpart I also approached Romania's goal of a rapid completion of its Schengen accession, thanking him once again for Lithuania's firm support in favor of Romania's bid," the Romanian top diplomat said.    Romanian diplomats are determined to continue to make a "substantial contribution" to strengthening Romania's profile within the European Union, NATO and internationally, the Minister of Foreign Affairs, Luminita Odobescu, said .She added that this meeting is organized under the theme: "A firm foreign policy of Romania: managing challenges and maximizing opportunities", adding that this year's edition resumes the tradition of meetings in physical format.Also, this meeting aims at "close coordination" for the promotion of the interests of Romania and Romanian citizens, as well as "identifying opportunities that lead to the progress and modernization of Romania in the medium and long term", Odobescu added."Romanian citizens must benefit from the opportunities resulting from our well-founded positions, even in this extremely difficult context. Therefore, beyond the extremely important protocol aspect, today's meeting also has the role of strengthening the dialogue and coordination with you (Prime Minister Marcel Ciolacu - ed. n), with the leadership of the Government, with the members of the Romanian Government, so that our objectives remain well correlated and coordinate effectively in responding to the challenges and expectations raised by the Romanian citizens," the minister also said.   She concluded by saying that the presence of the Lithuanian Foreign Minister Gabrielius Landsbergis at the Annual Meeting of the Romanian Diplomacy is proof of the two countries' "very close relations", based on common interests and values, on effective coordination within the EU, NATO and other regional formats such as the Three Seas Initiative and Bucharest 9.   

Read in full - click here
Save now, relax carefree in summer: The PLUS Deposit over 7 months with special interest rates from Exim Banca Românească

Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]

Orange Romania’s 5G Bet: Why Network Leadership Still Matters

In a telecom market shaped by economic pressure, fierce competition, and rapidly evolving consumer habits, Orange Romania is betting heavily on network leadership as its defining advantage. With the largest 5G spectrum investment in the country’s history - around EUR 265 million - the company is doubling down on speed, coverage, and long-term infrastructure at […]

Romanian job market showed focus on retention and high competition in 2025, analysis shows

The Romanian job market was marked by extremes in 2025, according to an analysis by employment platform BestJobs. In some sectors, job-seekers dictated the rules, while in others they fiercely competed for a limited number of positions, giving employers the upper hand.  In the IT sector, the limited number of available positions led to a […]

Untold Universe announces Massif Week format for Poiana Brașov from 2026

Poiana Brașov, a popular mountain resort in central Romania, will host a new winter event format starting in 2026, as Untold Universe launches Massif Week, scheduled to take place between February 27 and March 8. The initiative is designed to diversify the resort’s winter offering and extend the tourist season through a series of indoor […]

Memorial march in Bucharest to mark Romanian 1989 Revolution

A memorial march will take place in central Bucharest on December 21 to mark the victims of the 1989 Revolution, which led to the fall of communism in Romania. The march will follow the Victory Square – University Square – Revolution...

Sale of Zenith Conference & Spa hotel in Romania’s Mamaia completed

Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]