Romanian President Klaus Iohannis and Moldovan President Maia Sandu signed a Declaration on bilateral cooperation to strengthen the Republic of Moldova's resilience on Saturday in Chisinau.The declaration was signed "based on the special nature of bilateral relations, based on the community of language, culture and history" and "reaffirming the objectives set out in the bilateral Strategic Partnership for the European integration of the Republic of Moldova".The document, which comprises eight points, stipulates that Romania and the Republic of Moldova will cooperate in order to advance at political and technical level the accession negotiations of the Republic of Moldova to the European Union, which assumes the objective of being ready for accession by 2030. Moreover, in the current regional context, the two countries will continue to advance military and security cooperation in order to strengthen the defence potential of the Republic of Moldova, reads the text of the declaration. According to it, "special attention will be paid to strengthening the republic of Moldova's resilience in the face of hybrid threats, disinformation, the undermining of democratic processes and the rule of law".At the same time, the two countries will improve judicial cooperation, border management, the fight against organised and economic crime, and money laundering.Another objective mentioned in the declaration is to prioritise the energy interconnection of the two countries and the "development of the energy market in the Republic of Moldova and integration into European market mechanisms and security of energy supply".Cooperation in attracting European funds, funds from other international organisations and private investments in view of the realisation of infrastructure projects of common interest is also included in the declaration signed on Saturday by the Romanian and Moldovan presidents.The text also mentions the determination of the two countries to assist Ukraine in "managing the consequences of Russia's aggression". "Romania and the Republic of Moldova will cooperate in facilitating cross-border flows of goods with a view to the continued use of the Solidarity Lanes, facilitation of reconstruction efforts in Ukraine, as well as the continuation of trilateral dialog on current issues," the declaration reads.Another point of the document mentions the encouragement by the authorities of the two countries of the development of cooperation both at the level of central and local public institutions, civil society, academic and cultural environment, as well as the media.
By teaming up with CC Tax, APTIQ Tax will offer specialized financial solutions for SMEs APTIQ Global has announced the consolidation of its tax advisory division by expanding its integrated services for SMEs, following the affiliation of CC Tax to the APTIQ Tax brand. APTIQ Tax will continue to offer comprehensive accounting, auditing and tax […]
The European Investment Bank (EIB) is providing a EUR 200 million loan to Romanian energy distributor Delgaz Grid to modernize its electricity grid in northeastern Romania. The financing is part of a EUR 630 million investment program by Delgaz Grid, which aims to improve the energy system serving more than 1.5 million households and businesses. […]
The Ministry of Foreign Affairs (MAE) announced Wednesday, November 20, that Romania's embassy in Kyiv has reduced its operations to emergency actions due to escalating security concerns in Ukraine. "Given the security developments in Ukraine, in coordination with allied and EU member state missions, the Romanian embassy in Kyiv has taken additional measures to ensure […]
The Oriental Art Gallery, a new permanent exhibition at the National Museum of Art of Romania (MNAR), is scheduled to open starting November 22. Located on the third floor of the museum’s HQ on Calea Victoriei, the gallery includes close to 600 items from Azerbaijan, Bulgaria, China, Dagestan, Egypt, Greece, India, Iran, Japan, Syria, Turkey, […]
Entrepreneurs in Romania correctly perceive business opportunities in the market but fear failure and see difficult access to financing as a significant barrier to business development. These are two main findings included in the country report on entrepreneurship - research conducted by the Babeș-Bolyai University (UBB)-FSEGA team within the international project Global Entrepreneurship Monitor (GEM). […]
When it comes to saving, Romanians prefer bank deposits, while the level of participation in the capital market is low, according to a research project carried out by Raiffeisen Bank and the Bucharest Academy of Economic Studies. Bank deposits are the main form of savings Romanians resort to. Still, their level is the lowest compared […]
