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.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
