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Romania, Georgia economic relations are on rise

The economic relations between Romania and Georgia are on the rise, with commercial exchanges increasing by 30 percent in 2010, and with both parties being interested in building on this bilateral relation, Romanian Minister of Foreign Affairs Teodor Baconschi said on Friday.

'The commercial exchanges fared good, they went up by 30 percent more or less last year, and, starting from a Romanian-Georgian economic seminar held here in June, we expect to keep up the Romanian investments in Georgia, the transactions and the underlying infrastructure, the Constanta-Batumi ferry line included,' told Minister Baconschi the press conference after meeting his Georgian counterpart Grigol Vashadze, who is on an official visit in Bucharest.

According to Baconschi, the Romanian businessmen are to be notified to take part in the tender offers for the 17 large scale projects of regional development financed and set up by Georgia. 'We want to keep fuelling the economic aspect of our excellent relations, to involve more in the energy sector,' the Georgian official said in his turn.Baconschi also asserted Romania's entire support in drawing Georgia nearer to the European Union(EU).

'Georgia is a country with a Euro-Atlantic calling, a very good neighbour and member of the Eastern Partnership. We believe that all their endeavours to set up a dialogue with the EU are legitimate and well-deserved. The results are reaping, Georgia managed to end the negotiation rounds for visas facilitation, they are unremittingly negotiating the detailed free trade agreement and the association agreement and we are going to support them all along,' said the chief Romanian diplomat.

He underlined that Romania is interested in the security in the South-Caucasus region and will still be part of the civilian European Union Monitoring Mission in Georgia, whose aim is to implement the peace agreement signed in August 2008.

Last but not least, the Ministry of Foreign Affairs is going to grant an amount of 300,000 euros from the development programme to finance a project run by the Georgian Government meant to help people with disabilities, said the Romanian foreign minister.

According to the Ministry, trade between Romania and Georgia reached 185.2 million dollars in 2009, 178.6 million of which was Romanian export.

Sursa: http://www.actmedia.eu

Tags: georgia romanian relations economic romania euro

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