Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Romanian, Turkish national business organisations sign Cooperation Memorandum

Romanian, Turkish national business organisations sign Cooperation Memorandum

March 21, 2024

President of the Romanian Chamber of Commerce and Industry (CCIR) Mihai Daraban, and the president of the Turkish Union of Chambers and Commodity Exchanges (TOBB) Rifat Hisarciklioglu signed on February 21 a new Memorandum of Cooperation for the continued development of stronger bilateral business relations. Also, the guidelines for a mutually beneficial economic cooperation were established, the CCIR said in a release."With over three million tax-paying member companies, TOBB is the strongest legal entity in Turkey to represent the interests of the private sector; its activity is governed by a legal framework inspired by the European model, which provides for the companies' mandatory membership of the Turkish trade chamber," the release states."The Memorandum of Cooperation that we signed today with TOBB, an event that resonates with our countries' exceptional political relationship, will outline a tighter closeness between Romania and Turkey's business environments which will thus be able to easier establish business contacts. Turkey remains Romania's most important trade partner among non-EU states; an important pillar in CCIR's strategy is the internationalization of Romanian business to the space outside the EU, a context where Turkey's G20 membership represents an advantage of top importance for Romania," CCIR president Mihai Daraban said.In his turn, TOBB head Rifat Hisarciklioglu emphasized that the conclusion of this new Memorandum of Cooperation with CCIR will provide a useful foundation for strengthening the political relationship between the two states, Romania being a supporter of Turkey's interests in relation with the European Union and NATO. 

Read in full - click here
President holds talks with Romania’s parliamentary parties on nominating PM

President Klaus Iohannis is to hold consultations with the parliamentary parties on nominating a candidate for the prime minister job on Sunday, December 22, the Presidential Administration announced. The president, whose mandate has been extended after the

Experience unforgettable entertainment this New Year’s Eve at JW Marriott Bucharest Grand Hotel

Step into 2025 with music, excitement, and unforgettable performances! New Year’s Eve at JW Marriott Bucharest Grand Hotel is not just a celebration – it’s a grand spectacle where world-class entertainment, live music, and vibrant energy come together for a night to remember. This year, we’ve curated a sensational lineup of artists and performers to […]

Ceremonies marking 35 years since Romanian Revolution bring traffic restrictions in Bucharest

The Bucharest Police recently announced that the city will host several commemorative ceremonies marking 35 years since the Romanian Revolution of December 1989, causing traffic restrictions around the city. The restrictions will be in place from Friday to Sunday, December 20-22, 2024.  On Friday, December 20, at around 10:00 AM, a religious/military ceremony with wreath-laying […]

Romanian General Prosecutor seeks harsher punishments for incitement to violence, Legionnaire propaganda

Alex Florența, the General Prosecutor of Romania, said on Friday, December 20, that harsher punishments are needed to combat incitement to violence and Legionnaire propaganda (related to Mișcarea Legionară, a Romanian interwar fascist movement) in public spaces effectively. To that end, the office of the General Prosecutor will propose new measures to combat such phenomena. However, […]

Flight Festival: Timișoara event announces first names in 2025 lineup

Dennis Lloyd, Inna, Damian & Brothers, and Killa Fonic are among the artists who will perform at Flight Festival 2025. The festival is scheduled to take place between June 20 and June 22 at Timișoara’s Banat Village Museum. For three days, the venue “will open its doors for an experience that combines music, nature, and […]

Majority of Romanians believe economic situation will worsen, EY survey shows

Around 67% of Romanians believe that the economic situation will worsen, 7% higher than the previous year, according to the EY Consumer Index Romania 2024. Findings suggest a challenging start of 2025 both economically and politically in Romania. Additionally, in 2024, more than half of respondents (59%) were extremely concerned about conflicts and external wars. […]