Antena 3 CNN Business Băsescu: Romania has the opportunity to resume its exports to the Latin America

Băsescu: Romania has the opportunity to resume its exports to the Latin America

Băsescu: Romania has the opportunity to resume its exports to the Latin America
28 Ian 2013   •   11:35

President Traian Basescu stated at the end of CELAC-EU Summit that companies in Romania have a chance resume their  exports on the  markets of Latin American countries, bearing in mind the existing trade agreements or to be concluded between the EU and states in this area, Mediafax reports.

Basescu emphasized  that the meeting of EU leaders  in Santiago de Chile with  the countries of Latin America and the Caribbean have agreed a strategic partnership with major benefits in terms of trade, given that trade between the two regions amounted to 200 billion euro in 2012.

  "Therefore  I believe that  within this strategic partnership there is  an opportunity for  Romania, the Romanian economy is definitely competitive  in the Latin America and the Caribbean, and alongside the framework provided by  this summit it  will allow Romanian companies to diversify their export markets because as  it happened over the last  two or three years with the return to  the  Arab markets , we  must return on the  South American and  Caribbean markets in order not be so dependent on whatever happens within the  EU " Basescu said.

     He pointed out  that Romania's trade with Latin America registered an  "explosive growth" of 47% in 2012, rising to $ 1.3 billion in the first 11 months, of which 700 million were  Romanian exports.

 “I can tell you that there were economic  missions and Astra Cars Arad presented  offers for freight cars, passenger trains,  metro trains it  is a company that heads for success. Romarm also carried   assessment missions and it also has the perspective of some good contracts. Last, but not least, mechanical engineering, electrical house ware also have  very good prospects in Latin America.  It means  a return of ours there where we used to be, but  with different quality products including oil equipment, which is now exported from Romania to  Latin America, " Basescu said.
    
    He also stressed that Romania should focus on these markets given the  lesson of the  euro zone recession in recent years, which has affected exports and our economy. "The lesson of the Euro zone , affecting Romania, is one we are experiencing today, which we experienced last year too, we will experience it  in 2013, hopefully 2014 will be better, but it is clear that Latin America, the member states of  CELAC, provide a solution to extend our foreign trade, "Basescu argued.

 

He also mentioned the possibility of Romania organizing  a "political tour" in South America, including meetings with business communities in these countries. "I think it will have to be as soon as possible, as soon as possible does not mean tomorrow or the day after tomorrow, but to  organize a political tour, meetings  with the business community to enhance this opportunity for the Romanian economy," Basescu added .

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