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ForMin Baconschi: We shall facilitate Gulf business environment representatives' entrance to Romania

Romanian Foreign Affairs Minister Teodor Baconschi maintains that the visa policy can be made more flexible on socio-professional categories, saying that Romania will make efforts to facilitate the entrance to Romania of government and business environment representatives of the Gulf area.

'We certainly have a more restrictive visa policy since we have become EU members. We can make it more flexible on socio-professional categories, business or diplomatic passport holders, and we shall make an integrated effort for all the states of the Gulf area, in order to facilitate the entrance to Romania of their government and business environment representatives,' the head of Romanian diplomacy said on Wednesday.

Kuwaiti's Minister of Commerce and Industry Ahmad Rashed Al-Haroun in Bucharest on Wednesday said he talked with President Traian Basescu and on the occasion the Romanian Head of State promised him that the problems the citizens of the Gulf area were confronted with in the visa issue process would be solved.

Any Gulf investment in Romania will be complementary to EU funds

Foreign Minister Teodor Baconschi says Romania is working on attracting as much investment as possible from the Gulf states, particularly for big infrastructure projects and such investment capital will be complementary to the funds from the European Union.'We are working on attracting as much investment as possible for big infrastructure projects. Such investment will be complementary to the funds coming from the European Union, because no country can say it has enough foreign investment. In this competition, the Gulf Co-operation Council (GCC)- Romania business forum is an excellent instrument,' Baconschi told a Gulf Co-operation Council- Romania business forum on business opportunities in Central and South-Eastern Europe held in Bucharest.

He added that on the sidelines of the forum niches of opportunities have been defined, as well as the priorities of economic cooperation between Romania and the Gulf states.He said Romania has offered the Gulf investors the highest level of political guarantee by the presence of Romania's President Traian Basescu in the opening of the forum.Baconschi voiced optimism over the possibility for the talks this afternoon between Romanian business people and their Gulf counterparts to lead to the conclusion of some business contracts.

'The stakes are simple: intelligent investment of as many billion US dollars or euros as possible in the Romanian economy. Romania has growth potential; it has stabilised its economy and created a favourable investment environment. As you may know, the Gulf Co-operation Council has extraordinary sovereign funds and investment financing instruments for investment abroad. At the same time, the GCC states are countries that have not missed out on modernity, that have started reforms; they are open countries that have companies where many expats work, countries that are familiar with cultural exchanges, tolerance and dialogue between civilisations. We have all the arguments necessary to deepen the ties, as a European Union member state, between the success story of the Arab world and the EU,' Baconschi said in reply to what the stakes of the forum are.

Baconschi mentioned agriculture, IT, road infrastructure and tourism as priority fields for investments.'The Gulf states have modernised themselves, they have started reforms and, undoubtedly, they have ones of the best living conditions in the world for their citizens. I do not believe we can compare the domestic political state of these countries with what is happening in North Africa. Billions invested in a stable economy that has resumed growth, such as the Romanian economy, are well protected here. We will not worry about their efficiency,' Baconschi said in reply to whether or not an exchange of investment would be timely now in the context of the domestic strife in North Africa that tends to expand toward the Arab world.

Romania has decided to earmark 4 billion euros for 2011 public investments

Foreign Minister Teodor Baconschi on Wednesday said Romania will focus on economic priorities, mentioning to the point the importance attached to investments, for which 4 billion euros will be earmarked in 2011. 'As far as we are concerned, we will continue to focus on economic priorities, including energy security, attracting investment, and on promoting public-private partnerships in industry and infrastructure,' Baconschi told a Gulf Co-operation Council - Romania business forum.

He also mentioned the importance Romania is attaching in this context to energy projects, including the Nabucco and AGRI pipelines.'Romania has decided to earmark 4 billion euros for 2011 investments and a large share of the money will go for infrastructure. At the same time, energy small and medium-sized enterprises will be encouraged and supported. This programme, along with the legislation concerning public-private partnerships, will contribute to improving the business milieu in Romania,' said Baconschi.

He added that promoting Romania's profile as a strong and trustworthy partner and supporting the national companies are main priorities with the Romanian Government.'Economic relations with the European Union will continue to be essential, but the Government also wants to consolidate relations and increase the number of investment projects coming from partners in other geographical locations, such as the Gulf area. I hope this forum will be a real opportunity for our economies,' Baconschi concluded.

Sursa: http://www.actmedia.eu

Tags: baconschi romania investment infrastructure forum states romanian environment entrance facilitate business

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