Romania associates itself with the Declaration condemning Iran's ballistic missile program, drawn up under the auspices of the Proliferation Security Initiative, in which it is appreciated that Iran's program remains one of the biggest threats to non-proliferation efforts, the Ministry of Foreign Affairs (MAE) informs.According to the Declaration, states are urged to take all the necessary measures to prevent the supply, sale or transfer of materials, equipment, goods, technology and components of ballistic missiles, in order to protect peace and security in the region and outside it, MAE mentions."These measures include effective actions to prohibit the transfer from and to Iran of materials used in the construction of ballistic missiles, including materials used in the production of drones. It is also indicated the need to adopt clear procedures regarding the rapid exchange of relevant information regarding Iran's proliferation activities. The measures include reviewing and strengthening the capacity of national authorities to manage matters related to Iran's ballistic missiles and drones. Also, the document mentions the need for specific measures to uphold prohibitions on Iran's ballistic missile and drone development programs," the Ministry also said.The quoted source mentions that the Declaration is issued in the context of marking, on October 18, 2023, the transition stage - Transition Day, 8 years after the adoption of the Comprehensive Plan of Action (JCPOA) with Iran, according to Resolution 2231 of the UN Security Council.MAE reminds that on Wednesday part of the sanctions imposed on Iran expire according to UN Security Council Resolution 2231. The resolution, adopted unanimously on July 15, 2015, endorsed the Joint Comprehensive Plan of Action (JCPOA) and established the IAEA inspection program on Iranian nuclear facilities, in parallel with the preparation of lifting of UN sanctions on Iran. Given Iran's repeated violation of the JCPOA, UN sanctions will only be included in autonomous sanctions packages of states that share concerns about Iran's nuclear and ballistic programs, including EU member states, the Ministry of Foreign Affairs points out.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
