Romania will play a vital role in strengthening energy security and diversifying supply sources in the region by developing offshore gas resources in the Black Sea and participating in regional initiatives in the field, US Ambassador to Romania Kathleen A. Kavalec, told the US - Romania Economic Forum: Innovation for Prosperity, a satellite event of the Three Seas Initiative (3SI) Business Forum in Bucharest, hosted by our country this year.Kavalec welcomed Romania's "recent efforts" to improve transport connections and mobility in the region by upgrading its road and rail networks and modernising its ports.The US diplomat stressed that, similarly, Romania can promote digital transformation and innovation in the region by expanding broadband connectivity, developing e-government services and supporting regional initiatives such as the Three Seas Digital Highway.The US stands ready to support Romania and its partners in pursuing these and other projects that promote common interests and values. That is why we have pledged up to 300 million US dollars in funding for projects under the Three Seas Initiative through the U.S. International Development Finance Corporation, said Kathleen A. Kavalec.Referring to the economic partnership between the US and Romania, Ambassador Kavalec said that an important step is Romania's inclusion in the Visa Waiver program, which will allow Romanian citizens to travel to the US without a visa. One of the criteria for the Visa Waiver program is a low visa refusal rate, so we want as many qualified applicants as possible, and I encourage all Romanians to update their US visa any time after October 1, Kathleen A. Kavalec added.The US - Romania Economic Forum: Innovation for Prosperity brings together high-level government officials from Romania and the US, as well as leaders of major companies in the Three Seas region and was opened by Cristian Sporis, President of AmCham Romania, and Kathleen A. Kavalec, US Ambassador to Romania, Honorary President of AmCham Romania.
On Monday, December 23, Romanian police brought Nica Robert Florin back to the country. The man convicted of possession of high-risk drugs, bodily harm, and driving under the influence of alcohol, is listed among Romania’s Most Wanted category and was also wanted internationally. Romanian authorities revealed at the beginning of October that they had indications […]
An investigation by the famous British newspaper Financial Times revealed that the campaign of former Romanian presidential candidate Călin Georgescu was supported by a Russian network also used during the pandemic in France and Germany to instill fear of vaccines. The newspaper’s investigation began in continuation of those by Bulgarian and Romanian journalists at BG...
Bucharest’s District 3 City Hall will once again organize a special New Year’s Eve event in Titan Park, with a program of live concerts, multimedia shows, and even a simulation of the Northern Lights. The event, set to begin at 8:00 PM on December 31, will focus on the theme of infinity. “If you missed […]
Traffic on Lot 1 of the A7 Ploiești-Buzău highway, stretching 21 kilometers in southern Romania, was officially opened on Monday, December 23. With this opening, 102 kilometers of the total 320 kilometers of the highway are now usable. The Moldova Highway, as it has been called, is meant to connect Romania's economically underdeveloped eastern regions to […]
The Dutch technology investor Prosus NV, also the majority shareholder of Romania’s largest online retailer eMAG, is set to buy the online travel agency Despegar.com Corp, focused on Latin America, for approximately USD 1.7 billion. The purchase consideration will be funded from existing cash resources, the company said. Founded in Argentina in 1999, Despegar is one […]
The new Forestry Code, which passed the Parliament vote on December 17 and was signed into law by president Klaus Iohannis on December 20, includes provisions that protect all forests in Ilfov, the county surrounding Bucharest, making them the cornerstone of the future green belt around the capital city. Moreover, it legislates green belts nationwide, […]
