Post by uz on Jan 17, 2012 21:08:49 GMT -5
Romania is seen by the Turkish investors as a much better investment destination than many other EU-member states, the Association of Turkish Businessmen from Romania (TIAD) says in a release sent to Agerpres on Monday
According to the above-quoted source, TIAD together with the officials of Turkey's Embassy to Romania will set up a joint working group aimed at initiating cooperation projects in order to boost the visibility of the Turkish business milieu in Romania and to step up the economic exchanges between the two countries. The cooperation projects will be included in the action plan of the strategic partnership between Romania and Turkey, sealed in Dec. 2011 in Ankara, by the presidents of both states.
The strategic partnership is aimed at increasing the Romanian-Turkish commercial exchanges to 10 billion dollars annually, a level almost double compared to the present one.
The declaration of strategic partnership targets the bilateral cooperation across various fields, such as foreign and security policy, economy, ensuring energy, environmental protection, justice and home affairs.
'It is very important that we assure the Turkish business community from Romania of our full support for the healthy development of the business they unfold here. We have to help each other, particularly in domains of great interest such as energy and transports. At the same time, we must identify concrete possibilities of cooperation, within some joint-ventures on other markets,' Romanian Foreign Minister Teodor Baconschi said.
In his turn, TIAD Chairman Omer Susli stressed that the organization 'heavily' promotes Romania's interests both in Turkey and all over Europe, because its motto is 'We believe in Romania's future.'
'We consider ourselves both Turkish and Romanians, we are very optimistic about the potential of the Romanian economy and we are sure that for the Turkish investors, Romania is a much better investment destination than many other countries member of the European Union. We have constantly invited the Turkish investors to come here and bring value added to Romania's export capability,' Susli said.
According to him, the Turkish businessmen run businesses in Romania in various sectors, from the heavy industry to the media and banking industry, being still interested in energy, the mining sector or agriculture.
'We receive many requests from Turkish businessmen wanting to invest here and very much interested in Romania's large privatizations,' the TIAD chairman pointed out.
As many as 12,388 trade companies with Turkish capital were registered in Romania on Sept. 30, 2011. In 2010, the firms with Turkish capital posted an all-in turnover of over 5 billion euros and invested over 2 billion euros in the Romanian economy.
Turkey is Romania's first trade partner from outside the EU and among the member states of BSEC (Organization of the Black Sea Economic Cooperation) and the fifth partner in its overall international trade. At the same time, Turkey is Romania's fourth largest export partner and the ninth as for imports. At end-Nov. 2011, the value of the Romanian-Turkish trade exchanges stood at 4.3 billion euros.
www.actmedia.eu/2012/01/17/top+story/tiad%3A+romania+as+better+place+to+invest+than+other+eu+states+/37647
According to the above-quoted source, TIAD together with the officials of Turkey's Embassy to Romania will set up a joint working group aimed at initiating cooperation projects in order to boost the visibility of the Turkish business milieu in Romania and to step up the economic exchanges between the two countries. The cooperation projects will be included in the action plan of the strategic partnership between Romania and Turkey, sealed in Dec. 2011 in Ankara, by the presidents of both states.
The strategic partnership is aimed at increasing the Romanian-Turkish commercial exchanges to 10 billion dollars annually, a level almost double compared to the present one.
The declaration of strategic partnership targets the bilateral cooperation across various fields, such as foreign and security policy, economy, ensuring energy, environmental protection, justice and home affairs.
'It is very important that we assure the Turkish business community from Romania of our full support for the healthy development of the business they unfold here. We have to help each other, particularly in domains of great interest such as energy and transports. At the same time, we must identify concrete possibilities of cooperation, within some joint-ventures on other markets,' Romanian Foreign Minister Teodor Baconschi said.
In his turn, TIAD Chairman Omer Susli stressed that the organization 'heavily' promotes Romania's interests both in Turkey and all over Europe, because its motto is 'We believe in Romania's future.'
'We consider ourselves both Turkish and Romanians, we are very optimistic about the potential of the Romanian economy and we are sure that for the Turkish investors, Romania is a much better investment destination than many other countries member of the European Union. We have constantly invited the Turkish investors to come here and bring value added to Romania's export capability,' Susli said.
According to him, the Turkish businessmen run businesses in Romania in various sectors, from the heavy industry to the media and banking industry, being still interested in energy, the mining sector or agriculture.
'We receive many requests from Turkish businessmen wanting to invest here and very much interested in Romania's large privatizations,' the TIAD chairman pointed out.
As many as 12,388 trade companies with Turkish capital were registered in Romania on Sept. 30, 2011. In 2010, the firms with Turkish capital posted an all-in turnover of over 5 billion euros and invested over 2 billion euros in the Romanian economy.
Turkey is Romania's first trade partner from outside the EU and among the member states of BSEC (Organization of the Black Sea Economic Cooperation) and the fifth partner in its overall international trade. At the same time, Turkey is Romania's fourth largest export partner and the ninth as for imports. At end-Nov. 2011, the value of the Romanian-Turkish trade exchanges stood at 4.3 billion euros.
www.actmedia.eu/2012/01/17/top+story/tiad%3A+romania+as+better+place+to+invest+than+other+eu+states+/37647