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Norway believes in Romania's development prospects

Norway believes in Romania's development prospects

As Norwegian investments in Romania stand at around 300 million Euro and last year's bilateral trade amounted to 530 million Euro, the two countries have great potential for closer cooperation, according to Øystein Hovdkinn, the Norwegian Ambassador to Romania. "My embassy will do its utmost to support this potential being better exploited," he said, emphasizing that the maritime industry, an area of special expertise in Norway, has attracted a large part of the Norwegian investments in Romania.

Biden to Romania: It's Your Time to Lead

US Vice President Joe Bidens mission to Bucharest last month, bookended by stops in Warsaw and Prague, was meant to reaffirm US commitments to the region. These commitments were recently put into question after the Obama administration announced a reversal of policy on the proposed antiballistic missile-defense shield.
Supporting a strong Spanish business community

Supporting a strong Spanish business community

Coming to Romania in mid April, Estanislao de Grandes Pascual, the Spanish Ambassador to Romania, was pleasantly surprised at how well this country presents itself, even than he had expected. Now, six months into his mandate in Romania, he keeps the same positive impression about Romania, despite having little time yet to travel around the country.
New US Ambassador lays out priorities

New US Ambassador lays out priorities

After 17 years experience as a staff member inside the US Senate, Mark Gitenstein has turned a new page in his professional career by accepting the nomination as the new US Ambassador to Romania. Ambassador Gitensteina

Focusing on similarities

While similarities between two very different countries in size may seem unlikely, Dagmar Repcekova, the Slovak Republic’s Ambassador to Romania, suggests quite the opposite. Referring to the effects of the glabal financial crisis, she pointed out that Romania and Slovakia have many things in common. “Both countries have very strong business links with large western European countries, such as Germany and France, which have been seriously affected by the crisis,” she said, adding that most banks in both Slovakia and Romania are subsidiaries of foreign financial institutions.

Bolstering black sea partnerships

Ayse Sinirlioglu, Turkish Ambassador to Romania, declares herself impressed by “the beautiful and unspoiled landscape” of parts of Romania she has had the opportunity to visit. More important, she believes the economic potential of the country will continue to attract Turkish investment.