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Press Statement by the Vice President with Prime Minister of Romania

September 19, 2018

Prime Minister of Romania,
H.E. Ms. Viorica Dancila,
Members of the Indian & Romanian delegations,
Friends from the Media,

I am glad to visit this beautiful country. My visit comes at a highly opportune time coinciding with completion of 70 years in the journey of our diplomatic relations. It also overlaps with the celebration of centenary year of Romania.

I had a very cordial and frank discussions with the prime minister. The mutual desire to explore new areas to deepen our long standing relations was expressed.

Today, we oversaw the signing of Memorandum of Understanding on Tourism between two countries in order to facilitate tourism on both sides and increase people to people connectivity.

In my talks with Prime Minister Dancila, we focused on strengthening our trade and investment relationship covering sectors such as ICT, pharmaceuticals, manufacturing, infrastructure, logistics, agri-foods, tourism.

Our economies are complimentary. Our cooperation, can lead to faster growth of our economies.

We intend to deepen and diversify economic and technological cooperation between our two countries. India-Romania annual bilateral trade has risen to US $ 810 million in 2017-18, a 40% increase over last year (USD 575 million). This is a positive development in our bilateral economic relations.

Acknowledging and admiring the strong acceptance of Ayurveda, a traditional system of Medicine amongst Romanians. Government of India has decided to open an Ayush Information cell in Romania to disseminate more information about Ayurveda, encourage Ayurveda practice , conduct workshops with experts to offer ayurvedic treatments for preventive ,curative and palliative purposes. Later in the day, the Ayush Information cell will be opened in Romania.

We welcome entry into force of the amendment to the air services agreement between our two governments signed in New Delhi in 1993.

We hope during its forthcoming Presidency, Romani will take lead for the negotiations to re-start on the early conclusion of India-EU-BTIA (India-European Union Broad-based Trade & Investment Agreement).

Easier facilitation of visa promotes people-to-people contact and business. Our governments should work towards facilitating easy mobility of professionals on both sides. I am glad that Romania has decided to open a Consulate in Chennai.

Terrorism is one of the foremost threats to international peace and security. We resolved to fight terrorism in all its forms and manifestations. It is a global challenge that requires a global response.

I will meet with business representatives from both countries at a Business Event which, I hope, will result in collaborations to diversify our trade basket and deepen the economic linkages between our countries.

I am happy to note the enthusiasm in the business community on two sides to engage with each other and build robust partnerships.

I shall convey your Excellency's invitation to the India's Prime Minister to visit Romania. We shall also be happy to welcome you in our country.

I extend warm greetings for the progress and prosperity of the people of Romania. India looks forward to cooperation with Romania to further strengthen the traditional bonds of friendship with Romania and its people.

Thank You.

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