The minister of foreign affairs, Bogdan Aurescu will have on Monday political consultations with his Pakistani counterpart, Makhdoom Shah Moahmood Hussain Qureshi, in an official visit that the head of diplomacy from that country will pay to Romania, between 9th and 10th January 2022, the Ministry of Foreign Affairs (MAE) informs. According to the quoted source, it is the first visit to Romania of a Pakistani minister of foreign affairs over the last decades and it takes place in the context of a ‘positive dynamics’ recently recorded in the Romanian-Pakistani relations, including on the basis of the ‘essential support’ which Pakistan offered to Romania’s efforts to evacuate their own citizens from Afghanistan, the citizens from other countries and from allied countries as well as the evacuation of a number of 156 Afghan citizens in risk situations, in August and September 2021. ‘During the political consultations of the two ministers of foreign affairs there will discussions about ways to develop bilateral relations, to deepen the political dialogue as well as the economic and sectorial cooperation between the two countries. Similarly, there will be discussions about the consolidation of the dynamics of relations between the EU and Pakistan and the main evolutions of mutual interest for the two countries, focusing on the region Indo-Pacific and the situation in Afghanistan’ the press release sent by MAE says.On the occasion of the visit there will be signed a cooperation agreement between the Chamber for Commerce and Industry of Romania and the Association of the Chambers of Commerce and Industry of the Islamic Republic of Pakistan and a framework-agreement for cooperation which includes an exchange of grants between the Polytechnic University in Bucharest (UPB) and the University in Islamabad.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
