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Representatives of the U.S. Department of Commerce visit Romania

May 23, 2024

 Romania can become an investment hub for U.S. companies, as it has all the necessary capabilities to support large-scale projects, plus the benefit of a favorable geographical position and also of skilled human capital, considers Economy Minister Radu Oprea.The official met on Friday with the delegation of the U.S. Department of Commerce led by Cynthia Aragon, Executive Director for the Advocacy Center, to discuss the strengthening of bilateral cooperation and of the Romania - U.S. strategic partnership through joint government projects, as well as through partnerships between the two countries' business sectors.The representatives of the U.S. Department of Commerce are accompanied by a retinue of representatives of 15 American companies with activities in fields such as energy, defense, aeronautics, industry, finance/banks, cyber security and pharmacy, and they are set to hold discussions both at government level, as well as with Romanian companies."In 2023, Romania's exports to the U.S. amounted to 2.33 billion dollars, imports stood at 1.49 billion dollars, so that the trade balance with the U.S. was positive at 0.83 billion dollars, and the total volume of trade was 3.81 billion dollars," Minister of Economy, Entrepreneurship and Tourism Radu Oprea wrote on Facebook on Friday.

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