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RADOR: News from Romania, 99-02-25

The Press Agency of the Romanian Radio (RADOR Society) Directory - Previous Article - Next Article

From: RADOR Press Agency <http://indis.ici.ro/romania/news/rador.html>

February 25, 1999


CONTENTS

  • [01] Romania meets criteria for joining NATO - Jacques Poos says
  • [02] Romanian diplomacy welcomes progresses in the Rambouillet negotiations
  • [03] American investors come to Romania - US Ambassador to Bucharest says
  • [04] Bancorex bank is working normally
  • [05] World Bank financement for Romanian agriculture

  • [01] Romania meets criteria for joining NATO - Jacques Poos says

    While in Bucharest on Wednesday, Luxembourg's Vice Prime-Minister and Foreign Minister Jacques Poos was received by President Constantinescu, held talks with the head of the Romanian Diplomacy Andrei Plesu and met the Romanian Defence and Culture ministers Victor Babiuc and Ion Caramitru. Mr Poos said that his country would continue advocating Romania's quick process of joining NATO because he thinks Romania is meeting the criteria required for joining the Alliance. Mr Poos added that the status of the countries that had not joined NATO in the first wave should be specified at the Alliance's meeting in Washington and that the ways taking to full joining should be clarified. Mr Poos said that there were no problems in the two countries' bilateral relations but that they had to find ways to intensify these relations especialy in trade sector. RADOR, February 25

    [02] Romanian diplomacy welcomes progresses in the Rambouillet negotiations

    The spokesman for the Romanian Foreign Ministry Carmen Podgoreanu said on Wednesday that "the Romanian diplomacy welcomes progresses in the Rambouillet negotiations. At the same time, Romania is encouraging Yugoslav authorities and ethnic Albanian leaders to continue efforts in view of getting a stable solution to the conflict, based on the proposals in the draft agreement. The Romanian Foreign Ministry says the new deadline is a chance that has not to be wasted. The final solutions are going to influence peace and stability not only in Kosovo but also in the whole East European region. Romania, who is going to hold presidency of the South-East European Cooperation starting this March, is very concerned in finding a stable negotiated solution to the Kosovo crisis. This is why Romania will back the efforts by the Contact Group, by NATO and EU and by the OSCE". RADOR, February 25

    [03] American investors come to Romania - US Ambassador to Bucharest says

    "I think American investors come to Romania" - US Ambassador to Bucharest James Rosapepe said. "American investments to Romania increased by 40% last year and we want these to increase more this year. Now there are American companies interested in investing in privatization in Romania" - Mr Rosapepe said. He had visited the Romanian cities on the Danube - Galati and Braila. On Wednesday mornig the US Ambassador went to the Galati ore port and to the iron and steel plant. He has met Union leaders and representatives of the Sidex iron and steel plant. "There is an intense American activity here in Galati. Broadhurst Investment, for example, is involved in privatizing one of you ports here and in privatizing a store chain and a silo" - Mr Rosapepe said. RADOR, February 25

    [04] Bancorex bank is working normally

    The communication direction within the Bancorex bank has released a communique saying that the bank was working normally. They worked normally on Wednesday and all clients' requests were carried out. The communique also says there are enough liquid assets to meet the depositors' requests. Bancorex has the support of all specialized state institutions. The National Bank of Romania has already released a communique saying that individuals' deposits are guaranteed according to the present laws. RADOR, February 25

    [05] World Bank financement for Romanian agriculture

    The World Bank is financing an assistance project for the Romanian agriculture. The project is worth of 15.6 billion dollars and 10.2 of this is a loan granted by the WB. The project is aimed to help developing services in agriculture sector. RADOR, February 25
    The Press Agency of the Romanian Radio (RADOR Society) Directory - Previous Article - Next Article
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