Romanian entrepreneurs can have opportunities for business development in Venezuela, Chairman of the Chamber of Commerce and Industry of Romania (CCIR) Mihai Daraban said during a discussion with Jose de Jesus Sojo Reyes, charge d'affaires of the Embassy of Bolivia in Romania.According to a CCIR press statement released on Wednesday, the meeting between the two officials aimed to develop a dialogue with the Venezuelan Embassy in Romania in order to identify economic areas in which the two countries can carry out joint projects."This meeting lays the foundations for collaboration between the two organisations in the economic field, given both Venezuela's new policy of attracting investments in areas such as infrastructure or the oil industry, as well as the new legislative framework of the country that provides tax incentives for foreign investors for long-term economic development. At CCIR level, we continue our efforts to internationalise Romanian business by facilitating access of entrepreneurs to non-EU markets; from this point of view, Venezuela can be taken into account for the development of sustainable businesses," Daraban is quoted as saying in the statement.For his part, Jose de Jesus Sojo Reyes said that there are real investment opportunities in Venezuela, especially in the energy, infrastructure and agriculture sectors."Despite the geographical distance, there are multiple areas of common interest between the two nations where we can build solid and lasting partnerships. Venezuela has considerable natural resources, including one of the largest oil reserves in the world, while Romania offers its expertise in areas such as technology, agriculture and manufacturing. There are real investment opportunities in Venezuela, especially in the energy, infrastructure and agriculture sectors. Amidst the current global changes, diversifying business partnerships becomes essential, and our bilateral relationship can be strengthened through direct trade, thus contributing to the prosperity of both states," the diplomat said. (Photo:https://ccir.ro/)
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
