Analyst:Energy must represent our essential export commodity over the next 15 years

Energy must represent our essential export commodity in the next 15 years and I believe that all our efforts, at the governmental level, at the business milieu level, must converge towards this absolutely essential element for future economic evolution, economic analyst Adrian Negrescu said on Wednesday at the Black Sea Forum."I believe that it is absolutely essential that in the perspective of the coming years we really think about what we want in terms of investment focus, to stop trying to do absolutely everything from all perspectives and to focus on energy. Energy must represent our essential export commodity in the horizon of the next 15 years and I believe that all our efforts, at the governmental level, at the level of the business milieu, must converge towards this absolutely essential element for the future economic evolution. We have potential, we have someone to work with (...) From this perspective, I believe that there is room to make things work", said Negrescu.In his opinion, the legislation should be modified so that we "burn faster" the stages related to investment approvals in the case of predictable businesses in the medium and long term."Unfortunately, the legislation does not benefit us, it needs to be changed. We need to speed up the stages regarding investment approvals, regarding the development of predictable businesses in the medium and long term, and from this perspective, I believe that changing the way we relate to this type of greenfield investment in our country with development potential in the eastern area should be important and essential for the current Parliament," the economic analyst argued.Adrian Negrescu stated that Romania should come up with a law for the reconstruction of Ukraine, "a business worth almost 500 billion dollars", through which to attract and support investors interested in this process from the neighboring country."On the one hand, there is a need to change the legislation, so that we come up with, from my point of view, a Law for Ukraine, for the reconstruction of Ukraine, in which we, Romania, come up, of course, in accordance with the community acquis, in the association of reduced taxes, of an entire fiscal ecosystem meant to support, to attract investors to Romania and from here to develop the entire range of reconstruction services of the neighboring country. Romania could attract investments somewhere at the level of 50 billion euros in the development of industrial economic platforms associated with this region of ours, which would constitute a platform, first of all, for the reconstruction of Ukraine, a business of almost 500 billion dollars, to practically transform Romania into a technological hub in which industrial parks should be at the forefront. We have somewhere around 350 industrial parks in our country. Unfortunately, of these, only about 200 are active and almost none of them currently manage to offer what we all want: an offer of services, land, logistics spaces designed to attract major investors interested in the reconstruction process of Ukraine", explained the economist.The Palace of Parliament hosted on Wednesday the Black Sea Forum: Frontier of the Future for a secure & stable Europe took place - the most important economic and geostrategic event of this period.The forum addressed current issues, such as the theme of regional security in the Black Sea region, fiscal sustainability and predictability for strategic investments in Romania and the region, PPP, infrastructure & connectivity, logistics, infrastructure, energy, IT&C.A dialogue panel was dedicated to the topic of the reconstruction of Ukraine and the strategic opportunities in this direction.