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Author Topic: AWLC to ANONYMOUS ROMANIA  (Read 1329 times)

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Offline SeekLoad

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    • SeekLoad
« Reply #10 on: July 11, 2014, 05:23:52 pm »
Hello again

The President of Romania Traian Basescu claimed Tuesday evening that politics and economy were intertwined and depended on each other. He emphasized that the progress of reforms in the whole Black Sea region was hampered by Russia's energy monopoly in the area. The Romanian President described this as worrying and claimed the regress with the liberalization and privatization of the great Russian energy companies was obvious. He invoked the Yukos case as example.

The Romanian President's videoconference opened the Washington international conference "Economic Development and Security in the Black Sea Region", arranged by the Center for International Strategies and Studies and the Romanian Chamber of Commerce and Industry. The President described the Black Sea region as an economy group and emphasized the Black Sea connected the energy corridors from the Caspian Sea to Western Europe and could make the region prosperous if it managed to provide security. The President outlined it was also important to diversify the oil and gas pipelines. The Romanian official mentioned that the enlarged Black Sea region was nowadays the provider of 50% of the energy the EU needed and claimed in the future the region would get to supply 70%. Basescu insisted that if regional oil continued to be exported via Russia only, the latter state would grow more important as far as the EU policywas concerned. The President opined the US should include the Euro-Asian energy strategy in their international dialogue.

The President informed Romania was an active seeker of opportunities of collaboration in the Black Sea area in order to carry out economic projects to help the region develop durably. He said Romania's intention was to refresh regional cooperation within the Black Sea Economic Cooperation Organization, to promote free trade and facilitate regional transport. The President reminded Romania was promoting two projects on the transport of hydrocarbons: the Constanta-Trieste project and the Nabuco one. He concluded: "As an importer of energy from the enlarged Black Sea region, Europe's duty is to export stability and security and take practical action. The EU security depends on the EU's capacity to make the Black Sea safe. Romania is a reliable partner in this regard. It is able to offer an inside perspective over the region. But its initiative can develop only by means of focused action taken by the main international players such as the EU and the NATO.

Talk with you soon.

/ Paula Nistor
« Last Edit: July 11, 2014, 06:50:21 pm by SeekLoad »
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