Four memoranda were signed on Wednesday at a meeting of the Romanian-Egyptian Joint Economic Committee, as well as two other contracts between electricity and gas companies, according to Economy Minister Stefan-Radu Oprea."Today, the fourth edition of the Romanian-Egyptian Joint Economic Committee took place. A lot of debated subjects. We have a very clear action plan, how to develop trade relations together. Today they are at a level of over 1 USD billion, balanced, USD 586 million dollars worth of exports, and USD 520 million worth of imports, but the possibilities are very high. We identified them together. We already signed four memoranda between electricity and gas companies, two other contracts. We set out to open markets. We intended, together with the Minister of Agriculture, with Minister of Planning, Economic Development and International Cooperation Rania A. Al-Mashat, to open, for example, the poultry market in Egypt or the market for live animals, to increase the exports of agricultural products, to renew the success story of the Romanian tractor U 650 on the Egyptian market. Irum today is the continuation of that tradition and we would like to see it more present," Oprea told a news conference.He also talked about the need to create a monitoring committee to facilitate achievements."Energy, green energies, hydrogen, artificial intelligence, cooperation between small and medium-sized enterprises, transport, all these areas have been touched today. We decided together, it was His Excellency's idea, to have in time between the meetings of the joint commissions, the previous one being in 2019, a monitoring committee that would work so that all the targets we set ourselves would be much easier to achieve and facilitate dialogue (...). Their position should be expressed by us, as ministers of trade, to be able to express it in Brussels, so that cooperation between us is much easier."According to the minister, other possibilities of cooperation, mutual support in international bodies were identified, so that the partnership is a real one.The fourth session of the Romanian-Egyptian Joint Committee on Economic Cooperation took place on October 7-9, 2024. The year 2024 marks 118 years of diplomatic ties between Romania and Egypt. In 2023, the total value of trade between the two countries was standing at USD 1.1 billion.
More than 680 houses in Suceava country and 170 houses in Neamţ county were impacted in the flash floods that hit northeastern Romania at the end of last week. Forty-one houses were completely destroyed, Raed Arafat, the head of the Department for Emergency Situations (DSU), announced on Friday, August 1. Three people were killed in […]
Romanian justice minister Radu Marinescu said on Thursday, July 31, that harsher penalties are being considered for violence against women and domestic violence, including the criminalization of femicide. The minister said that Romania currently has legislation that is fairly adequate, in line with European standards, for combating violence, including domestic violence. He also said that […]
Via Transilvanica, the long-distance trail that crosses the country, will apply to be the first accredited long-distance route in Romania after the government issued the methodological norms regulating the hiking trails of national interest. Tășuleasa Social, the non-profit that developed the trail, called the recently issued norms "a huge step that transforms a bold idea into...
Former prime minister and Social Democratic leader Marcel Ciolacu stated that he does not rule out a candidacy for the presidency of the Buzău County Council, after rumors to that end. PSD Buzău president Romeo Lungu had previously told journalists that discussions are underway for the former prime minister to run for the Buzău County […]
The Balneo-Physiotherapy Clinic in the Călimănești resort town, southern Romania, will undergo rehabilitation with a EUR 10 million financing from the European Union, according to representatives of the Vâlcea County Council. The project implementation period will be 24 months from the completion of the tender for the execution of the works, which include, in addition […]
Bringo, the first personal shopper-based rapid grocery delivery service in Romania, handling over 4,000 daily orders in more than 35 cities, launches a loyalty program that turns shopping into a continuous reward experience. "Beyond functional benefits like discounts, free delivery, or double refunds for SGR packaging collected right at your doorstep, Bringo YOU offers a […]
