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RADOR: News from Romania, 99-02-25
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
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