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Romania-India: Transport connections would be able to increase the level of our bilateral commercial exchanges

>>>The officials from the two countries hope to open the regular flights Bucharest-New Delhi

By Emea Riga
President of the Senate Calin Popescu-Tariceanu voiced his hope on Wednesday, after the meeting with India's Vice President Venkaiah M. Naidu, that the regular commercial flights between Bucharest and New Delhi be resumed after a 22-year break.
He underscored the components of the visit, namely the parliamentary one provided by the 'ex-officio position' of the Indian guest, as President of India's Upper House of Parliament (the President of the Rajya Sabha), and the governmental one corresponding to the high-dignity as India's Vice President.
'The visit to Romania takes place in the context of celebrating 70 years of diplomatic relations, as well as five years since the establishment of the Enlarged Partnership between the two countries (on 8 March 2013). Romania established diplomatic relations with India in 1948. This visit reflects our shared interest in developing political, economic ties, but also in the technical-scientific area by signing the Memorandum between the two Universities in the culture, business and investment areas. We explored with Mr Vice President the possibilities to develop the bilateral relations through parliamentary diplomacy, there are special opportunities to capitalise on our bilateral relations and inside the cooperation between the EU and India, as well as at the UN level. (...) On this occasion, I voiced hope that the regular flights between Bucharest and New Delhi be resumed after a 22-year break, taking into account the development of relations between our countries and also giving the adoption of the necessary judicial framework to resume the commercial flights,' Tariceanu stated on Wednesday after the meeting with India's Vice President Venkaiah M. Naidu.
According to a release of the Senate, Tariceanu also underscored that 'the transport connections, by air, between Bucharest and New Delhi, or by sea, for instance between Constanta and Mumbai, would be able to increase the level of our bilateral commercial exchanges, which currently worth approximately 650 million US dollars.'
Moreover, under the aegis of Romania's Senate President and that of the Indian Vice President, it was signed the Memorandum of Understanding between Petroleum-Gas University of Ploiesti and Pandit Deendayal Petroleum University in Gandhinagar, the capital of Gujarat. The Memorandum was signed by Rector of the Petroleum-Gas University of Ploiesti Mihai Coloja-Pascu, for the Romanian side, and, for the Indian side, by Director of the Petroleum Technology School at Pandit Deendayal Petroleum University in Gandhinagar Anirbid Sircar.
'I wish remarkable results to the two rectors who signed the mentioned documents. For the development of mutual results we need such exchanges and elements of university cooperation, as well as cooperation between our business communities,' Tariceanu said.
In his turn, Venkaiah M. Naidu conveyed, on behalf of India's inhabitants, congratulations to the Romanian citizens for the 100th anniversary since the Greater Union.
He mentioned that there are historic ties between the two countries and the visit to Romania underscores once again the cooperation existing between both states. He went on saying that a lot of aspects have been tackled, giving the excellent political and diplomatic relations between Romania and India. The High official mentioned that some of the wishes expressed by both sides referred to the intensification of parliamentary visits and the consolidation of the political, economic and cultural relations.
In the context of Romania taking over, as of January 2019, the Presidency of the Council of the EU, Venkaiah M. Naidu voiced the wish that Romania be the respected leader that everybody knows.
Venkaiah M. Naidu also met on Wednesday with President Klaus Iohannis and carried out tete-a-tete and official talks, and also meet Prime Minister Viorica Dancila. Moreover, he also had a meeting with Speaker of the Chamber of Deputies Liviu Dragnea.
During the meeting with Prime Minister Viorica Dancila the two officials signed the Memorandum of Understanding between the Governments of Romania and the Republic of India on cooperation in the tourism area.
Calin Popescu-Tariceanu and Venkaiah M. Naidu opened the Romania-India Economic Forum on Wednesday evening, organized by the Bucharest Chamber of Commerce and Industry.
In 2017, the value of bilateral trade was $ 642 million (+ 26.9% over the previous year), of which exports amounted to $ 306 million (+ 30.1% compared to 2016 and higher value in the past 9 years) and imports of $ 336 million (+ 24.2% compared to 2016).
The growth trend of Romanian-Indian trade continued in the first half of the current year, when the total volume increased by 48.2% compared to the same period in 2017, out of which: the export by 32.8% and the import with 59.2%.
India is currently the second partner of our Asian country (after R.P. China, overtaking Japan and the Republic of Korea).
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