The Chamber of Commerce and Industry of Bucharest (CCIB) is making efforts with a view to offset the lack of balance in the Romanian-Turkish trade, because the difference of almost one billion euros between imports and exports which do not favor Romania, may damage the bilateral relations between the two countries, even in the context of an annual growth of the Romanian-Turkish trade by some 30%.
In this respect, according to a release of the Chamber of Commerce released on August 20, the Chamber of Commerce and Industry of Bucharest took steps with the Embassy of Turkey for the establishment of connections with the chamber system, due to allow the rise in the volume of Romanian goods sold on the Turkish market, but also the diversification of their range, with emphasis on products with high tax added value.
In the aforementioned context, representatives of the management of the Chamber of Commerce and Industry of Bucharest met with economic adviser of the Turkish Embassy in Bucharest, Necati Ylmaz, on which occasion the Bucharest chamber requested assistance with a view to contacting the chambers of commerce from Turkey’s main economic and commercial centres.
The Turkish adviser for his part asked for the support of the CCIB in identifying the main exporters from Bucharest. At the same time the two sides agreed upon the capitalization of the possibility of cooperation between the Turkish and Romania companies on third markets, especially on ex-Soviet markets.
The diversification of exports of companies in Bucharest prompted the Bucharest chamber to initiate steps designed to establish new links on the international market. Therefore, recently representatives of the Chamber of Commerce and Industry of Bucharest met at the headquarters of the chamber with members of diplomatic missions of Sudan.
At the meeting, the Ambassador of the Republic of Sudan, Ajing Marik praised the "long history of economic ties with the Romanian friends and invited the Romanian businessmen to invest in the sector of oil exploitation and oil services, because Sudan is a big producer of crude oil and is likely to become Africa’s largest crude oil producer in the next five years.
Ajing Marik stressed the agricultural potential of Sudan, saying that it needs the Romanian expertise, as well as the sector of water drills for some desert areas of the country. The Sudanese ambassador also said that Sudan has the longest railway in Africa, this being the main communication and transport way for goods. In this respect, the ambassador of Sudan voiced interest as regards the acquisition of carriages and spare parts from Romania, and also in the training by Romanian experts in the field.
Present at the talks, vice-president of the CCIB, Nicolae Vasile assured the Sudanese official that Bucharest can provide the necessary expertise for the respective fields, as well as for the development of the industries based on high technologies, such as information technology and communications, electric engineering and electronics. The Romanian official stressed that the Romanian companies hold technologies for alternative energy sources, another interesting field for the recovery of the Sudanese economy.
"All these directions of collaboration can materialize using the 10,000 graduates of Sudan from Romanian universities as binder between the two business communities," said the vice-president of the Chamber of Commerce and Industry of Bucharest.
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