The Minister of Foreign Affairs, Bogdan Aurescu, had a meeting on Tuesday with the Minister of Foreign Affairs of the Islamic Republic of Pakistan, Bilawal Bhutto Zardari, on the sidelines of the World Economic Forum in Davos.The Romanian minister presented the efforts that Romania is making in support of Ukraine, of the Ukrainian citizens who took refuge in Romania, but also in the sense of facilitating, through the Port of Constanta and the Danube River, the Ukrainian grain exports to third countries, through the transiting of the Romanian territory in order to contribute to strengthening global food security, especially in the Middle East, Africa and Asia, according to a Foreign Ministry (MAE) release .In the context of the crisis in Ukraine, Pakistani Minister Bilawal Bhutto Zardari thanked Romania for its support in the evacuation of Pakistani citizens from Ukraine, including the staff of the Pakistani Embassy in Kyiv, and praised Romania's humanitarian efforts. In his turn, the Romanian foreign minister reiterated the thanks of the Romanian side for Pakistan's support for the evacuation of Romanian and Afghan citizens from Afghanistan last year.The two ministers also discussed the situation in Afghanistan, with the Pakistani minister presenting his assessment of the country's economic, social and security challenges and possible solutions.
Romania has signed a major contract with France for the acquisition of Mistral portable short-range air defense missile systems. The agreement was concluded on Tuesday, November 25, between Romania’s Ministry of National Defense and France’s Ministry of the Armed Forces and Veterans, through their respective General Directorates for Armaments. The acquisition is valued at EUR […]
The European Parliament called on November 26 for EU-wide rules to strengthen the protection of minors online, recommending a minimum age of sixteen for accessing social networks, video-sharing platforms, and AI chatbots, according to a statement from the institution,
The government of Romania will be empowered to establish, ex officio or upon request, by Government Decision, an extended surveillance regime over local companies strongly affected by economic sanctions imposed by other states, according to the legislative project prepared by the government, given that the situation of the assets held by the Russian giant Lukoil […]
The European Commission (EC) will reportedly give Romania four more months to appoint permanent management under competitive procedures at 48 state-owned enterprises (SOEs) in the energy sector, after the Romanian government agreed to double the fine paid by the country and the penalties charged to those responsible (ministers) if the milestone set under the Resilience […]
The Romanian banks boasted in 2025 virtually the same record aggregated net profit as in 2024, namely RON 11.6 billion (EUR 2.3 billion, -0.6% y/y) in January-September and RON 6.2 billion (EUR 828 million, -0.3% y/y) in Q3 alone, according to data published by the National Bank of Romania. The non-performing loan (NPL) ratio has […]
The Romanian Parliament approved the National Defense Strategy on Wednesday, November 26, with 314 votes in favor, 43 against, and three abstentions, following a joint session attended by president Nicușor Dan. The document will guide national security policy for the 2025-2030 period. During the parliamentary debate, Ana Maria Gavrilă, leader of the opposition party POT, […]
