The ministers of Economy from Romania and Moldova signed on Tuesday a memorandum with over 25 points, which contains joint actions in the economic field, from transport, to customs, to interconnection, announced the Romanian minister of Economy, Entrepreneurship and Tourism, Stefan-Radu Oprea."Today was the 12th meeting of the Romania-Republic of Moldova intergovernmental commission. The previous one took place 6 years ago, in Chisinau. I worked together with representatives from all economic fields. I signed a memorandum with over 25 various points, for joint actions in the economic field, from transport, to the customs field, to interconnection. All the infrastructure that is needed so that the business milieu in Romania and the Republic of Moldova can increase the value of trade, which now amounts to 3.4 billion dollars. Romania has the status of the main partner of the Republic of Moldova, as the main investor in the Republic of Moldova," declared Oprea.The minister of Economy specified that the Romanian businessmen who invested in the Republic of Moldova raised the issue of a system of guarantees for those who want to invest more in the neighboring country and emphasized that the authorities are trying to simplify all the processes so that Romania maintains its status the main investor in the Republic of Moldova.For his part, the deputy prime minister of the Republic of Moldova, Dumitru Alaiba, declared that there is a special relationship between the two countries, Romania being the main investor in the Republic of Moldova and also in the first place in terms of trade.He mentioned that a multitude of topics were covered in Tuesday's discussions because the relationship between the two countries is branching out.The twelfth session of the Romania - Republic of Moldova Joint Intergovernmental Economic Cooperation Commission took place on Tuesday, at the Parliament Palace, and will be followed by the Romania - Republic of Moldova Business Forum.The co-chairmen of this Commission are the minister of Economy, Entrepreneurship and Tourism, Stefan-Radu Oprea, from the Romanian side, and the deputy prime minister, the minister of Economic Development and Digitization, Dumitru Alaiba, from the Moldovan side.
The Babeș-Bolyai University of Cluj-Napoca (UBB) has established an endowment fund, which the institution described as a "strategic" financial mechanism aimed at supporting academic excellence and ensuring the long-term sustainability of university projects. The initiative is a first of its kind in the local academia, UBB said. The endowment fund involves attracting donations/financial resources and […]
Romanian authorities are reportedly considering imposing an access fee for the Transfăgărășan mountain road. The funds would be used for setting up decent parking areas, selecting merchants, and similar initiatives. The beautiful, winding road is one of the most visited tourist attractions in the country. Local authorities say the funds from an eventual toll would […]
Colombian reggaeton superstar J Balvin will perform in Dubai for the first time this November, headlining Untold, the globally recognized festival born in Romania. The event will take place from November 6 to 9 at Dubai Parks and Resorts, featuring more than 100 international acts across five stages. The festival is staged in partnership with […]
More than 17% of Romania’s population faced severe material and social deprivation last year, which was one of the highest shares in the EU, according to the statistical bureau of the European Union - Eurostat. In 2024, 6.4% of people in the European Union faced severe material and social deprivation, a slight decrease compared to […]
The Freedom and Respect for Every Earthling association will hold the March for Animal Rights in Bucharest on October 4, to mark International Animal Day. The march will start at 11 AM at the National Theater Park, and will go on to Piața Victoriei. Organizers say they aim to bring to the forefront the suffering […]
Several Israeli citizens got into a fight on a plane flying from Israel to Bucharest on Monday, September 15. Upon landing, Romanian police issued several fines. The scandal reportedly broke out for religious reasons. The argument involved roughly 30 passengers of the flight from Tel Aviv to Bucharest. At one point, seven passengers started to […]
