Minister of Foreign Affairs Lumini?a Odobescu had a meeting with the Minister of Foreign Affairs of Canada, Mélanie Joly, on Wednesday, July 10, 2024, on the margins of the NATO Summit in Washington. The two senior officials reviewed the excellent state of relations between Romania and Canada, focusing on cooperation within NATO and in the field of civil nuclear energy. The Romanian Minister expressed her interest in coordinating the efforts of the two countries to strengthen the transatlantic relationship, which is essential for the solidity of the rules-based international order. In this context, she mentioned the priority given by Romania to joint efforts to strengthen NATO's deterrence and defense posture on the Eastern Flank, particularly in the Black Sea region. The Romanian Minister also referred to the need to continue the coordinated approach to substantial and long-term assistance to Ukraine and Moldova. The two ministers agreed to intensify bilateral cooperation for the reconstruction of Ukraine and to counter hybrid threats to Moldova. The Romanian Minister of Foreign Affairs commended the traditional Romanian-Canadian collaboration in the field of civil nuclear energy and expressed the interest in continuing it in a mutually beneficial way, through the modernization of Unit 1 and the construction of Units 3 and 4 of the Cernavod? Nuclear Power Plant. On the occasion of the meeting, the two ministers signed the Joint Declaration of Enhanced Partnership between Romania and Canada. The main objectives of the document are to promote economic growth based on sustainable development and clean energy, a secure Euro-Atlantic area (including the Black Sea region) and a strong transatlantic relationship. To implement the Declaration, a Roadmap is planned, a working document that will facilitate cooperation between Romanian and Canadian ministries. The text of the Joint DECLARATION OF THE GOVERNMENTS OF ROMANIA AND CANADA ON THE ENHANCED PARTNERSHIP BETWEEN ROMANIA AND CANADA is available here: https://www.mae.ro/node/65123.
This article series tells the stories of the 15 finalists selected in the BVB Arena program. BVB Arena is the flagship program of the Bucharest Stock Exchange, dedicated to developing and promoting the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest growth potential and high chances […]
Salt Bank, the first 100% digital Romanian bank built entirely from scratch, has been named by Celent as the 2025 Model Bank for Digital Bank Launch. Celent is one of the world’s most prestigious research and advisory firms focused on technology for financial institutions. By receiving the title of "2025 Model Bank for Digital Bank […]
The 8th edition of the national educational program “Healthy Lifestyle, Diverse Nutrition and an Eco-Responsible Attitude” under the motto “Good for Taste, Good for Health, Good for the Planet!” has concluded. The program was organized by the Taste Celebration Association and funded by the Auchan Foundation with 100,000 euros. The program aims to convey to […]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
More than three-quarters of Romanians (76%) see Artificial Intelligence as an opportunity for the economy and society, although half of them also acknowledge its risks, according to a new RoCoach and Novel Research study. Overall, over one-third of respondents (35.7%) believe that AI will primarily lead to job losses, even if new types of roles […]
