Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Commercial exchanges between Romania and USA, historical value...

Commercial exchanges between Romania and USA, historical value in 2021

March 21, 2022

Prime Minister Nicolae Ciuca met on Tuesday with representatives of American companies within the American-Romanian Business Council (AMRO), in which context the importance of the investments generated within the Romanian-American Strategic Partnership in the fields was underlined such as digitization, medicine, energy, defence, cyber, financial banking, natural resource exploitation.According to a Government's release, the dialogue, which marked AMRO's tenth anniversary, benefited from the largest delegation of American companies arriving in Romania under the auspices of AMRO.The participants in the meeting underlined the importance of the investments generated within the Romanian-American Strategic Partnership for the creation of economic opportunities, prosperity and jobs, in fields such as digitalization, medicine, energy, defence, cyber, banking, financial, exploitation of natural resources.   The commercial exchanges between Romania and the USA have recorded last year a historical value, totaling 2.271 billion euro on November 1, 2021, while the number of American companies in Romania was 8,191, according to the chair of the Chamber of Commerce and Industry of Romania (CCIR), Mihai Daraban."Furthermore, because exchanges in goods must be differentiated from services, the value of latter rose to 2.5 billion euro. Furthermore, on January 1, 2022, in Romania there were 8,191 American companies, with a value of social capital of over a billion euro," added Mihai Daraban, quoted in a release sent by the CCIR.The CCIR chair has participated on Monday at the reception organized together with the American-Romanian Business Council (AMRO), on the occasion of the announcement of the launching of the AMRO economic mission to Bucharest, which will take place September 14-15, 2022.The event, organized with support from the Embassy of the United States of America in Romania, has benefited from the presence of representatives of the business environment of the two countries, as well as the presence of representatives of the central public administration in Romania.In his turn, AMRO President and Founder, Eric Stewart, noted that he collaboration between AMRO and CCIR is a long-term one, but most importantly it's a collaboration that demonstrated, over time, the capacity of CCIR to help the business environment in Romania in what regards accessing new markets. As an example, in 2016, in the Select USA program, program that offers annually support in entrepreneurial education and development for more than 10,000 SMEs and entrepreneurs, there were only four Romanian companies.   After a discussion with CCIR chair, Mr. Mihai Daraban, the delegation formed by Romanian companies participating in this program, in 2018, was not only the largest from Romania, but was also the largest in Europe and fifth in the world. This proves the organizational capacity of CCIR, as well as a higher degree of confidence of business people in Romania in their own strengths, opening, thus, new horizons to develop business.The American-Romanian Business Council is a non-profit organization that promotes commercial relations between the United States and Romania. The mission of the Council is to increase trade and investments between the two states, to promote the Romanian-American bilateral relation and to educate the public regarding its importance. 

The text of this article has been partially taken from the publication:
http://actmedia.eu/daily/commercial-exchanges-between-romania-and-usa-historical-value-in-2021/96331
Read in full - click here
Romania does not have to choose between EU and US, prime minister says

Romanian prime minister Marcel Ciolacu said on Monday, February 24, that a "lasting peace" in Ukraine cannot be achieved without the involvement of the United States, and argued that Romania does not have to choose between it and the European Union. The statements come as the Trump administration is currently negotiating a resolution to the […]

Romania’s acting president calls parties to consultations ahead of EU summit on Ukraine, security

Romania's acting president, Ilie Bolojan, has invited leaders of parliamentary parties to consultations on Wednesday, February 26, to prepare the country's stance for the extraordinary European Council meeting on March 6 in Brussels.  The summit, convened by European Council president Antonio Costa,...

Romania’s Anti-Corruption Directorate conducts searches at Port of Constanța

Roughly 40 searches took place in the Port of Constanța and other locations on Monday, February 24, in an investigation by the Anti-Corruption Directorate, or DNA, targeting influential local businessmen, former customs officials in the port, and one of the leaders of the Constanța branch of the governing Social Democratic Party (PSD). The prosecutors’ accusations […]

New eco initiatives in Bucharest: Educational park space, Dâmbovița River project secure funding

The Bucharest Community Foundation has announced funding for two new projects aimed at enhancing climate resilience in the Romanian capital by implementing sustainable ecological solutions to improve urban infrastructure and environmental quality. The projects were selected through the sixth round of the Environmental Platform for Bucharest initiative. Out of 16 eligible proposals, the jury chose […]

Romanian citizen liberated in seventh Hamas-Israel hostage exchange

One of the hostages released on Saturday, February 22, by the terrorist organization Hamas also holds Romanian citizenship. The exchange took place before another setback in negotiations and exchanges. Hostages Tal Shoham and Avera Mengistu were released during a staged event in Rafah, and hostages Eliya Cohen, Omer Shem Tov, and Omer Wenkert were released […]

Western Romania: Polish Scallier opens new retail park in Arad

Polish company Scallier, who is expanding its network of Funshop Park retail parks in Romania, is set to open a new shopping center in the Arad region. The opening date for the roughly 10,000 sqm retail park is March 6. The decision to build a retail park in the Arad region in western Romania was […]