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Romania to develop economic component of the strategic partnership with US

Prime Minister Sorin Grindeanu and the Cabinet members had a meeting with the members of the fifth annual economic mission in Romania of the American-Romanian Business Council (AMRO).

2017-03-30 10:32:07

The meeting has been attended by 12 of the strongest US companies with investment in Romania or that are interested to invest in Romania: Amgen, Archer Daniels Midland, Bell Helicopter, The Boeing Company, ExxonMobil, General Dynamics, Medtronic, Mega Company, MetLife, Oshkosh Defense, Pfizer, Smithfield, Timken.

Sorin Grindeanu said: "We are very interested in developing the economic component of the strategic partnership between our countries, and we appreciate the role of your organization in promoting Romania as solid environment for the development of new investment of American companies. My role is to create conditions for Romania to be attractive for investors and to support job creation.

Prime Minister has also conveyed the members of the AMRO mission that the Romanian authorities will continue to take tangible steps towards simplifying the legal framework on strategic projects in key areas, such as: energy, defence and transports.

In turn, AMRO chairperson Eric Stewart commented: "Romania has very many strategic advantages, such as: quality and training of people, but what I particularly remark is the warm welcome that the American investors in your country has always enjoyed. Romania is one of our great friends on which we may always count."

During the meeting, the companies representatives have presented the Government with a document entitled ā€˛Roadmap to Prosperity" which contains five recommendations for strengthening the economic relations between Romania and the United States: further improvement of the business environment in Romania, high level dialogue between the two Governments on economic issues, deepening cooperation to develop the strategic security capacity, including in the energy field, supporting the educational and health system to consolidate economic competitiveness as well as support for Romanian companies wanting to invest in the United States.

At the same time, the American investors have expressed their intention to develop their businesses in Romania and to launch new investments in fields such as: healthcare, research and development, insurance, civil engineering, defence, energy and finance.

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