Romania’s target for 2019 is to cross the USD 1 bln mark for exports to China, the Ministry for Business Milieu, Commerce and Entrepreneurship (MMACA) said in a release on Friday. Cutting the deficit in Romania – China bilateral trade was one of the subjects approached by the Romanian side at the 27th Session of the Romania – China Intergovernmental Economic Cooperation Committee organized in China. “The sides set up a working group to improve trade relations and that will also look at the barriers set to Romania’s exports to China, with a view to taking exports past 1 bln US dollars in 2019,” the release said. Minister for Business Milieu, Commerce and Entrepreneurship Stefan-Radu Oprea, on an official visit to China that is mainly aimed at reducing the trade deficit and promoting Romania as investment destination, met on Friday with China’s Assistant Minister of Commerce Ren Hongbin. The two officials signed the protocol of this year’s session of the Romania – China Intergovernmental Economic Cooperation Committee, which sets out the guidelines for bilateral cooperation until the next session. The main areas approached are energy, infrastructure, IT & C, advanced technologies, environmental protection and tourism. Strengthening bilateral cooperation in agriculture and Romanian export of agri-food products to China were the highlights of the talks. “Our message was that the Romanian economy has the potential to support an accelerated growth of exports. We also showed that the Romanian government, in a business-oriented approach, has taken a series of measures to create a friendly business climate, promoting an equal and non-discriminatory treatment of all economic partners, regardless of their provenance,” Oprea said. The Romanian minister invited the Chinese official to Romania for the next session of the Committee, which will run concomitantly with an economic forum attended by representatives of state-owned and private companies. The visit of the Minister for Business Milieu, Commerce and Entrepreneurship to Beijing, November 1 to 4, also included talks with officials of the Industrial and Commercial Bank of China (ICBC) and large companies to promote public-private partnership projects. According to official data, Romania – China trade amounted to an aggregate of 4 billion dollars in the first eight months of 2018, of which Romanian exports to China account for 604.02 million dollars (up 14.81 pct YoY) and imports from China stand at 3.43 billion dollars (up 26.31 pct YoY).
The Romanian interim president Ilie Bolojan will attend the funeral of Pope Francis, the Presidential Administration announced on Tuesday, April 22, as reported by local news agency Agerpres. According to the official announcement, the cardinals set the funeral mass for Saturday at 10 AM in St....
Vehicle theft is on the rise around the world, a cause of concern for car owners everywhere, according to a new study by Compare the Market Australia. However, Romania is among the least affected countries, with few stolen cars relative to the total population. Vehicle thefts leave a lasting impact not just on the direct […]
Romanian robotics teams reached the podium and secured third place at the FIRST Championship World Robotics Championship, held April 16–19, 2025 in Houston, Texas. The CSH team from Timișoara and Eastern Foxes from Ploiești formed an alliance and finished the competition in 3rd place globally, while TehnoZ from Pitești and Alphatronic from Cluj-Napoca finished 1st […]
Roberta Metsola, president of the European Parliament, has been named the 2025 laureate of the Timișoara Award for European Values, an honor established by the Municipality of Timișoara, western Romania. She will receive the award during a gala ceremony on May 22. The jury, composed of prominent Romanian professionals from various fields, recognized Metsola for […]
Romania’s interim president, Ilie Bolojan, delivered a message on Tuesday, April 22, to mark World Earth Day, emphasizing the importance of environmental care for both current and future generations. He stressed that a clean environment is essential for quality of life, public health, and the sustainable...
The leader of the Romanian reformist party USR, Elena Lasconi, a presidential candidate for the May 4 ballot with ambiguous support from her own colleagues, announced imminent thorough reforming of her party, apparently involving the replacement of the top leadership that withdrew her support recently. However, the odds for her to conduct the reforms are […]
