Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Prime Minister Ciuca meets South-Korean counterpart Han Duck-soo,...

Prime Minister Ciuca meets South-Korean counterpart Han Duck-soo, discusses economic cooperation

January 5, 2023

Prime Minister Nicolae Ciuca on Wednesday had a meeting, in Seoul, with his South Korean counterpart, Han Duck-soo, in the context of the Romanian PM's visit to the Republic of Korea, where he is accompanied by the Speaker of the Chamber of Deputies, Marcel Ciolacu, and both a governmental and a parliamentary delegation, an important component of the discussions being economic cooperation, in the context in which the volume of trade exchanges between the two countries exceeded one billion dollars in 2021.According to a press release of the Government, the head of the Executive appreciated this encouraging signal and emphasized the development potential of the bilateral economic component."The strengthening of our bilateral cooperation is all the more significant considering the geopolitical and economic context marked by multiple challenges, but also by important opportunities. It is necessary to provide a new impulse to achieve the objectives of our Strategic Partnership, the only one that Romania has with a Asian country. We hope to celebrate 15 years of cooperation within the Strategic Partnership next year through the visit to Romania of my South Korean counterpart, Mr. Prime Minister Han Duck-soo, and through new projects that will relaunch our political, economic and sectoral cooperation," said the Prime Minister of Romania, quoted in the press release.We support the growth of greenfield investments and we are very interested in strengthening cooperation in the fields of green energy, digital technologies, as well as the links between SMEs in our countries, added the Romanian Prime Minister."We are open to analyzing the possibilities of a tripartite cooperation Romania-Republic of Korea-USA in the field of nuclear energy and we encourage the participation of South Korean investors in projects such as that of small modular reactors (SMR) and in the investments at Cernavoda," said Ciuca.The head of the Executive also pointed out the fact that Romania offers a diversified range of investment opportunities, being one of the most dynamic and competitive economies of the European Union, despite the consequences of the COVID-19 pandemic and the war near our borders, with the growth rate of the Romanian economy, in 2022, remaining above expectations.Also, Prime Minister Ciuca thanked his counterpart for the support provided by the Republic of Korea to Romania's candidacy to the OECD and mentioned that Romania will continue to count on this support.The two high officials had an exchange of views on bilateral cooperation in the fields of education, defence, as well as on the management of the situation generated by Russian aggression in Ukraine, security in the region, cooperation between NATO and the Republic of Korea, on all relevant dimensions, it is stated in the same press release.Prime Minister Nicolae Ciuca is currently paying an official visit to the Republic of Korea, accompanied by a parliamentary delegation led by the Speaker of the Chamber of Deputies, Marcel Ciolacu, the Deputy Prime Minister and Minister of Transport, Sorin Grindeanu, the Minister of Education, Ligia Deca, the Minister of Research, Innovation and Digitization, Sebastian Burduja, the Minister of Economy, Florin Spataru, the Minister of Energy, Virgil Popescu, and the head of S.N. Nuclearelectrica S.A., Cosmin Ghita.   

Read in full - click here
Societe Generale Global Solution Centre appoints Laurent Mirjol as CEO in Romania

The service center for the banking Societe Generale Group, the Societe Generale Global Solution Centre, announced the appointment of Laurent Mirjol as Chief Executive Officer, effective June 1, 2025. The new CEO will oversee the activities and develop the strategy of Societe Generale Global Solution Centre Romania. With over 20 years of experience in the […]

Romanian president defers responsibility for VAT tax hike to the government

During a press conference held on Monday, July 14, Romanian president Nicușor Dan defended the recent tax hikes enacted by the government, underlining the need to reassure creditors and lower the country’s public debt. Nevertheless, he said that the VAT increase was decided by the government. In the presidential campaign, then-candidate Nicușor Dan promised to

Romanian director Radu Jude honored with retrospective hosted by Pompidou Center in Paris

The famous Pompidou Center in Paris will organize a retrospective of the complete works of Romanian director Radu Jude between September 23 and October 11. The retrospective brings together films made over twenty years by the prolific Romanian director. The event will open and close with two of the most recent films, namely “Kontinental 25” […]

Romanian president Nicușor Dan publishes main donors list

Romanian president Nicușor Dan presented the expenses incurred in the electoral campaign and who the main donors were during a press conference on Monday, July 14. Over the first and second rounds of the presidential elections, Dan's campaign spent over RON 60 million (EUR 12 million), and the biggest individual donors were Măriuca and Florin...

Wael Kaskas appointed GM for Haleon in Hungary, Romania, Czechia and Slovakia

Haleon, a global leader in consumer health, has appointed Wael Kaskas as General Manager for its Hungary, Romania, Czechia, and Slovakia cluster. With a strong background in FMCG, consumer healthcare, and supermarket retail, Kaskas brings extensive experience in managing billion-dollar portfolios and leading business transformations, the company said. Before this role, Kaskas was responsible for […]

Music, art, nature & more at Vadoo Fest 2025 in Romania

Vadoo Fest returns on August 21–24 to the meadows of Vadu Oii, Buzău County, with a new edition that invites participants to slow down and reconnect. Now in its seventh year, the festival promises a special experience rooted in nature, music, and human connection. This year’s line-up blends depth and groove, featuring Grammy-winner Judith Hill, […]