Klaus Iohannis was welcomed Tuesday by his South Korean counterpart Yoon Suk-yeol at the Presidential Palace.The Romanian head of state is on an official visit to the Republic of Korea from Monday to Wednesday.The Presidential Administration in Bucharest announced that these political consultations between Iohannis and his counterpart will focus on strengthening the Strategic Partnership, political-diplomatic and defence cooperation, and the main regional and global challenges, as well as boosting sectoral areas, with a focus on increasing trade and investment in green and nuclear energy, new technologies, IT&C, environment and climate change management, infrastructure, health, education and other new areas.On the occasion of the visit, the "Joint Declaration on Strengthening the Romania - Republic of Korea Strategic Partnership" is adopted at the highest level, a document that will set out the main directions of cooperation targeted by both parties for the next 10 years. Klaus Iohannis on Tuesday, at a dinner hosted in his honour by South Korean President Yoon Suk-yeol, said that this marked "the beginning of a new chapter" in the bilateral relation between the two countries."It is the beginning of a new chapter in our bilateral relations built on true friendship and strengthened by a strong Strategic Partnership," the head of state said.He stressed that "Romania is a key member of the EU and NATO" and highlighted the "complementarity" between the two countries."We share fundamental values and a similar vision for the future, making the two nations close partners," Klaus Iohannis added, speaking about the signing of the Joint Declaration on Strengthening the Romania - Republic of Korea Strategic Partnership, a document that will set out the main directions of cooperation both countries have in view for the next 10 years.On Tuesday, several cooperation documents were signed between the two countries, including a cooperation agreement in the area of defence, according to which the procedures for opening military attaché offices in Bucharest and Seoul are facilitated.Cooperation documents were also signed in the areas of energy, emergency situation management, culture, media, youth and sports.
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The INVL Renewable Energy Fund I, managed by INVL Asset Management, signed a EUR 29.3 million loan agreement with Kommunalkredit Austria AG (Kommunalkredit). The loan will be used to finance the construction of solar power plants with 71 megawatts (MW) of capacity in Romania. This is the second loan by Kommunalkredit to the fund. In […]
Romania’s Orșova Shipyard (BVB: SNO) has concluded five external contracts for the construction of five river vessels, with the total value of the contracts amounting to EUR 22.2 million, according to a report submitted to the Bucharest Stock Exchange. The contracts are commercial in nature and have an intra-community delivery, but the buyer cannot be […]
Four people died on Monday, July 28, following a naval incident in the Musura Gulf area, Sulina Branch, where a boat capsized, according to information provided by the Tulcea County Emergency Situations Inspectorate. Among the deceased is also a child. Of the 14 people who were reportedly on the boat that capsized, 10 are being […]
Romania’s ruling Social Democratic Party (PSD) will immediately promote in Parliament a package of measures to reduce privileges for board members of state-owned enterprises (SOEs), with a second fiscal package to follow in coordination with the upcoming budget revision, PSD leader Sorin Grindeanu said on July 28,
Romanian Prime Minister Ilie Bolojan, in an interview for G4Media on July 28, said that he will not immediately appoint another deputy prime minister to replace Dragoș Anastasiu, who resigned...
