China announces eight billion euro investments in Romania

The Romanian and Chinese governments have signed a series of agreements in various fields meant to strengthen economic ties and a joint statement which calls for enhanced bilateral co-operation, one day before the start of China-Eastern and Central Europe economic summit held in Bucharest.

The agreements concern the creation of a joint technological park and the resumption of cattle and pork exports to China, along accords in the nuclear, thermo-electric, sanitary-veterinary and cultural domains. Chinese PM Li Keqiang arrived in Bucharest accompanied by representatives of about 200 Chinese companies.

“China is an important economic partner for Romania, but the potential is even bigger and we have to develop it. I was glad to see that over the first nine months of the year Romania’s exports to China rose by 30 per cent” Romanian PM Victor Ponta told a November 25 joint news conference.

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(Photo: Florin Garoi)