Romania – Your EU trade partner Emil LUPESCU Economic Secretary Embassy of Romania Galway, February, 2007 Conclusions.

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Presentation transcript:

Romania – Your EU trade partner Emil LUPESCU Economic Secretary Embassy of Romania Galway, February, 2007 Conclusions

Foreign Trade Romania – Your EU trade partner – Galway, February, 2007 EU – Romania’s main trading partner EU – Romania’s main trading partner Ireland – Romania bilateral trade is growing constantly Ireland – Romania bilateral trade is growing constantly Romania imports from Ireland more than it exports Romania imports from Ireland more than it exports Increasing exports is a priority, especially those of high value added products Increasing exports is a priority, especially those of high value added products Opportunities in industries like furniture, textiles, food Opportunities in industries like furniture, textiles, food Embassy of Romania – Economic Counsellor’s Office

FDI’s One of the biggest FDI inflows in the region One of the biggest FDI inflows in the region Ireland is among the first 32 countries that have invested in Romania when considering the subscribed capital Ireland is among the first 32 countries that have invested in Romania when considering the subscribed capital The full potential of both countries has not yet been reached The full potential of both countries has not yet been reached A series of Irish companies have chosen to relocate some operations to Romania – IT, textiles etc. A series of Irish companies have chosen to relocate some operations to Romania – IT, textiles etc. Romania – Your EU trade partner – Galway, February, 2007

Contact Embassy of Romania – Economic Counsellor’s Office Emil LUPESCU – Economic Secretary Address: 26 Waterloo Rd., Ballsbridge, Dublin 4 Tel.: Fax: Embassy of Romania – Economic Counsellor’s Office Romania – Your EU trade partner – Galway, February, 2007

Services General Information General Information Business opportunities Business opportunities Partner search Partner search Investment advice Investment advice Privatization in Romania Privatization in Romania Contact details for relevant Romanian authorities Contact details for relevant Romanian authorities Embassy of Romania – Economic Counsellor’s Office Romania – Your EU trade partner – Galway, February, 2007

Information Name and background of the company Name and background of the company Full postal address Full postal address Contact details – phone, fax, Contact details – phone, fax, Contact person Contact person Accurate description of the product sought for or investment project to be developed Accurate description of the product sought for or investment project to be developed Embassy of Romania – Economic Counsellor’s Office Romania – Your EU trade partner – Galway, February, 2007

Advice Gather as much information as possible before going there Gather as much information as possible before going there Make sure you have the right contacts in Romania within institutions, professional associations, consultants etc. Make sure you have the right contacts in Romania within institutions, professional associations, consultants etc. Always work with a well-established solicitor and accountant Always work with a well-established solicitor and accountant Ask for help – contact the Embassy Ask for help – contact the Embassy Embassy of Romania – Economic Counsellor’s Office Romania – Your EU trade partner – Galway, February, 2007

Thank you! Embassy of Romania – Economic Counsellor’s Office Emil LUPESCU – Economic Secretary Address: 26 Waterloo Rd., Ballsbridge, Dublin 4 Tel.: Fax: Romania – Your EU trade partner – Galway, February, 2007