Romania's finance minister hopes for foreign investments relocated from Russia, Ukraine and Belarus

Romania's finance minister Adrian Câciu and prime minister Nicolae Ciuca discussed on Thursday, April 14, with the delegation of the World Bank Group in Romania, led by President David R. Malpass, about 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 to Romania some companies from the Russian Federation, Belarus and Ukraine, and we want financial and logistical support from the World Bank. At the same time, we are determined to take all necessary measures for the active involvement of Romanian companies in the reconstruction of Ukraine," Adrian Câciu pointed out, according to Adevarul.

The minister of finance praised the quality and importance of the technical assistance provided by the World Bank in implementing the reforms undertaken under 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 showed their readiness to support Romania in the process of joining the OECD, a vital step for consolidating its economic profile, with positive effects in generating new jobs and diversifying development opportunities.

(Photo source: Inquam Photos/Octav Ganea)