Romania is supporting the efforts of the European Commission (EC) in the negotiation over the reformation of the World Trade Organisation (WTO), Stefan-Radu Oprea (photo L), Romania’s minister for the business environment, trade and entrepreneurship, told a formal meeting of the EU’s Foreign Affairs Council (Trade) in Brussels. According to a press statement released by the ministry, the meeting in Brussels aimed at exploring the latest developments in and future prospects of the multilateral or plurilateral trade negotiations conducted under the auspices of the WTO in the current difficult context marked by the crises facing the organisation and the trade tensions between certain WTO members. “Romania is supporting the European Commission’s efforts in the process of negotiating the reform of the WTO as an essential tool for free trade that generates development, sustainability and trust in international relations,” said Oprea. On the side-lines of the FAC-Trade meeting, Oprea had a series of meetings with counterparts from other member states to discuss topics of common interest from the perspective of the future Romanian presidency of the Council of the European Union in the first half of 2019. “In the same context of promoting multilateralism and strengthening trade relations globally, the trade ministers of the EU member states looked into the state of play in current trade negotiations between the EU and third countries and the implementation of already agreed agreements, based on the presentation of the European Commission’s annual report on the implementation of the free trade agreements for the period from January 1 to December 31, 2017 by Trade Commissioner Cecilia Malmstrom.” The meeting in Brussels also tackled EU-US trade relations, with emphasis on the implementation of the EU-US Joint Declaration adopted on July 25, 2018 by European Commission President Jean-Claude Juncker and US President Donald Trump.
The post Minister for the business environment, trade and entrepreneurship, Radu Stefan Orprea attends formal meeting of the EU’s Foreign Affairs Council (Trade) in Brussels: Romania voices support for European Commission’s stands on negotiations over WTO reform appeared first on Nine O' Clock.
Ireland can be seen as one of the most important business hubs in Europe and the European Union, as many international companies have established regional headquarters there. If you are looking for a country to expand your enterprise, you should definitely consider Ireland for several reasons that are presented below. Location and language The first […]
Cyprus is mostly known as a tourist destination. However, there is also a business side to it, as many investors choose it to open companies because of the favorable taxation system. Apart from its low corporate tax rate, there are a few more reasons why you should choose it if you are looking for a […]
The Romanian Commercial Code provides for various types of entities that can be created by natural persons and companies, local or foreign. Each of them has its own particularities, which can give it various advantages. How do you choose among them? We will review the main types of companies and their pros to help you […]
A new alley named after Romanian diplomat Nicolae Titulescu was inaugurated on Tuesday, December 9, in Paris’s Parc Monceau during a ceremony attended by Romania’s president Nicușor Dan and Paris mayor Anne Hidalgo. “I expressed my appreciation for the decision to name an alley in the beautiful Parc Monceau in Paris after the great Romanian […]
Oxygen Resort, a development located in central Romania’s Harghita county, has inaugurated its first bungalows. The first 18 bungalows are already functional, with another 17 units to be completed in the next stage, bringing the total to 35. The inauguration of the bungalows “marks the transition from a center dedicated predominantly to recreational activities to […]
Romania carried out a new medical evacuation mission for civilians from Gaza on Monday, December 8, transporting eight Palestinian patients and 29 accompanying relatives to Bucharest for treatment, according to the Department for Emergency Situations (DSU). The patients were evacuated aboard a Romanian Air Force C-130 Hercules aircraft after lacking access to adequate medical care. […]
