Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Aurescu underlines Romania's interest in Indo-Pacific region, in...

Aurescu underlines Romania's interest in Indo-Pacific region, in a conversation with the Australian Minister of Commerce

October 7, 2021

 The Minister of Foreign Affairs, Bogdan Aurescu, had on Wednesday, on the sidelines of the second day of the Annual Meeting of Romanian Diplomacy (RADR), a telephone conversation with Dan Tehan, Minister of Trade, Tourism and Investment from Australia, special guest of the Romanian Minister of Foreign Affairs at the RADR session on "Resilience during the pandemic. Strengthening cooperation between partners".During the telephone conversation, the head of the Romanian diplomacy underlined "Romania's firm commitment for the development and diversification of the bilateral relationship with Australia, as well as the increased interest for the Indo-Pacific region, in which Australia plays a very important role," reads a Foreign Ministry (MAE) release.Minister Aurescu also highlighted, in agreement with Minister Tehan, the similarities between the strategic priorities of the two states, at international and multilateral level, as well as the common commitments to promote democratic values and principles and the global rule-based order.Regarding the bilateral collaboration, the two ministers emphasized a pragmatic and results-oriented approach, starting from the recent Australian investments in the energy field in Romania. In this context, the renewed potential for bilateral collaboration with Australia emerged in areas such as cyber security, including from the perspective of Romania hosting the new EU Cyber Center (European Center for Industrial, Technological and Research Skills in Cyber Security).The Romanian minister stressed the importance of sharing experience in the field of resilience and highlighted the opportunity offered by the Euro-Atlantic Center for Resilience hosted in Bucharest since May 2021.Minister Bogdan Aurescu also pointed out the importance that the Romanian Government attaches to the accession to the Organization for Economic Cooperation and Development (OECD) and expressed the hope that the new Secretary General of the organization, Mathias Cormann, will succeed in advancing the negotiations. Minister Tehan reconfirmed Australia's support for Romania's goal.For his part, the Minister of Trade, Tourism and Investment of Australia, Dan Tehan, conveyed the interest of the Australian side in the prospects of strengthening and expanding political and economic relations between Romania and Australia, based on values and priorities shared globally and multilaterally, also considering Romania's quality as an EU member state. He stressed the importance that Australia attaches to the conclusion, as soon as possible, of the Free Trade Agreement with the EU, Romania confirming its support in this regard. 

Read in full - click here
Romanian Social Democrats seek new dialogue partners within Liberal Party

Romanian Social Democrat leader and prime minister, also running for the presidential seat this autumn, Marcel Ciolacu, named Liberal (PNL) regional leader Ilie Bolojan as his preferred would-be prime minister.  Notably, Bolojan is also being circulated as a potential prime minister in case the Liberal leader Nicolae Ciuca wins the presidential elections. In fact, the […]

EC revises downward Romania’s grain crop forecast

Romania’s agricultural sector faces significant setbacks this year, with the European Commission revising crop yield forecasts further downward due to severe drought and heavy rainfall in key producing regions.  Grain corn yields are projected to drop to 3 tonnes per hectare - a 10% reduction from last month’s forecast and a staggering 36% decrease compared […]

Romanian entrepreneur gets EUR 33 mln Resilience Facility grant to develop PV panel assembly plant

Romania's Ministry of Energy extended a EUR 33 million grant under the Resilience Facility to Heliomit, a firm controlled by local entrepreneur Tudor Mihăilă (24), for the development of a PV panel assembly plant with an annual capacity of 1,500MW. The photovoltaic panel factory will be developed in Bârlad, Vaslui county. "The support of almost […]

Romania grants EUR 36 mln to five power storage projects totaling 790MWh

Romania's Ministry of Energy announced it cleared the disbursement of grants under the Resilience Facility in the total amount of nearly EUR 36 million for five power storage projects with a combined capacity of over 790MWh. Among the recipients, there are investment vehicles of "a Dutch billionaire and an Austrian real estate developer," according to

Signal Iduna acquires majority stake in Romania's Garanta Asigurări

German insurer Signal Iduna announced the signing of the agreement for the acquisition of a majority stake in the Romanian insurance firm Garanta Asigurări from Greece's market leader – The Ethniki, Hellenic General Insurance Company. Following the success recorded in 2021 through the acquisition and integration of the two Romanian subsidiaries (life and general) of […]

Romanian e-commerce group eMAG eyes Moldova expansion by 2026

Major Romanian online retailer eMAG announced plans to expand operations in the Republic of Moldova in 2025 or 2026. "We are considering an expansion in the Republic of Moldova, but I don't know if it will be in 2025 or 2026," eMAG's CEO Tudor Manea said at the press conference dedicated to the Black Friday […]