The U.S. Embassy in Bucharest on Wednesday said it is pleased to recognize the Romanian Ministry of Economy signing two letters of request (LOR) for letters of offer and acceptance (LOA) to explore how the United States and Romania can enhance defense production capabilities.According to the embassy, the letters of request for the co-production of Abrams Tank ammunition and artillery ammunition and are an essential first step in developing Romania's domestic production capacity."Successful implementation of these types of co-production projects build capacity in the whole region and strengthen our bilateral strategic partnership. This co-production will secure the supply chain for NATO, the United States, and Romania, making America and our allies safer," U.S. charge d'affaires Michael Dickerson is quoted as saying in a press statement."Through these NATO-standard munitions co-production projects, we are increasing the strength of the Romanian defense industry. Romania and the United States share common values and principles. The implementation of the NATO European Center of Excellence for Munitions will strengthen Romania's position as a pillar of security and a provider of strategic capabilities in the region. Through this economic and military partnership with the United States, we will develop capabilities for production, testing, certification, and qualification,' according to Romania's Minister of Economy, Digital Transformation, Entrepreneurship and Tourism Bogdan Ivan.The LORs include potential co-production of both NATO-standard 155-millimeter artillery shells and for 120-millimeter NATO tank ammunition. These projects are supported by a USD 920 million foreign military financing loan from the U.S. Department of State announced in September 2024. (Photo: https://economie.gov.ro/)
Former US first lady Michelle Obama, the wife of Barack Obama, was in Bucharest on Thursday, September 18, to serve as the main guest at the second edition of the Impact Bucharest series of conferences. The former first lady spent about an hour in front of a large audience, speaking about her childhood in a […]
Czech president Petr Pavel spent a few days in Romania at the beginning of September while on holiday. According to statement by the Romanian Embassy in Prague, the Czech leader traveled mountain routes by motorcycle and chose modest accommodations. Pavel tried to see as much of what Romania had to offer. He planned his routes, […]
Romania is taking tangible action toward its green transition through sustainable infrastructure projects, public‑private partnerships and green bonds. Experts, government officials and business leaders have gathered today at the CES Bucharest ESG Conference, to present progress and identify solutions through which the public and private sectors can collaborate to build a sustainable and competitive economy. […]
Prime minister Ilie Bolojan announced that he will visit Brussels next week to talk to three European commissioners about deficits, defense, and EU financing. The first meeting will be with the commissioner for economy, Valdis Dombrovskis, as Romania “must adjust the issues related to deficits to be a trustworthy country, so as not to continue […]
A large majority of Romanians, namely 85%, have heard of celebrated composer George Enescu, according to the third edition of the Informat.ro – INSCOP Research Barometer conducted earlier this month. However, the survey shows a slight decline in cultural awareness compared to 2013, particularly among younger generations. The
The volume of trade between Romania and China was almost USD 9.3 billion in 2024, according to official statistics. Trade between the two, however, is not balanced. Romania registered a USD 7.7 billion deficit with China, and a USD 2.1 billion deficit in the first quarter of 2025 as well. The People’s Republic of China […]
