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Business forum called "Future French-Romanian partnerships"
Romania's President Klaus Iohannis on Tuesday told Romanian and French business leaders to have faith in Romania's economy, as more can be used for Romanians and French people.
"The economic trust Romania is enjoying today is consistently reflected on the dynamics of foreign direct investment, which advanced 23 percent in the first half of 2016. There are premises for the trend to continue into the next years, once the business environment has gained in attractiveness and predictability. Romania is and will remain fiscally competitive, which is good to Romanian entrepreneurs and foreign investment alike. We want to continue cutting through red tape, extending organisational transparency and quality for the business environment. We want to do our best to wisely manage our assets, including workforce quality and innovative potentials," Iohannis told a business forum called "Future French-Romanian partnerships," where he was joined by visiting French President Francois Hollande.
Iohannis said trade between Romania and France exceeded 7 billion euros in 2015, with Romanian exports worth 3.7 billion euros and French imports worth nearly 3.5 billion euros. He also said that France is on a leading position in the plans of foreign investors in Romania, with direct investment in excess of 7 billion euros.
The Romanian president also said that cooperation between the two countries should be extended to include the automotive industry, the aeronautics and defence industries, as well as nuclear power and energy overall.
"Romania is very attentive to the incentives animating foreign investors, the organisational quality of the business environment. I believe that this is the context in which we can move on to the next level of cooperation between Romania and France," said Iohannis.
In his opinion, the achievements of Romanian-French cooperation over the past 25 years are reasons for satisfaction.
"You, the French and Romanian companies, have played the most important part. Walk on the same path and have faith in Romania's economy! We can achieve more and better for Romanians and the French people alike," Iohannis told the forum attends.
Iohannis and Hollande on Tuesday toured the Magurele-based ELI-NP Research Centre at the Horia Hulubei National Nuclear Physics and Engineering Research and Development Institute.