Foreign investments

Romanian Finance Minister hopes foreign investment will be relocated from Russia, Ukraine and Belarus

Romanian finance minister Adrian Caciu and Prime Minister Nicolae Ciuca discussed Thursday, April 14 with the World Bank Group delegation to Romania, led by President David R. Malpass, the need to develop a bilateral partnership, in the context of the economic and social challenges posed by the crisis in Ukraine.

“We are analyzing with great interest the possibility of relocating certain companies from the Russian Federation, Belarus and Ukraine to Romania, and we would like financial and logistical support from the World Bank. At the same time, we are determined to take all the necessary measures for the active involvement of Romanian companies in the reconstruction of Ukraine”, underlined Adrian Câciu, according to Adevarul.

The Minister of Finance hailed the quality and importance of the technical assistance provided by the World Bank in the implementation of the reforms undertaken within the framework of the National Recovery and Resilience Plan (PNRR), which offers many opportunities for development and growth through the implementation of reforms and investment projects. .

The representatives of the World Bank have shown themselves ready to support Romania in the process of joining the OECD, a vital step for the consolidation of its economic profile, with positive effects in the creation of new jobs and the diversification of development opportunities.

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(Photo credit: Inquam Photos/Octav Ganea)