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Bucharest
25 March 2019
International trade News

Bilateral meeting of Minister Ștefan-Radu Oprea and Spanish State Secretary Xiana Margarida Méndez Bértolo

Ștefan-Radu Oprea, Minister for Business Environment, Trade and Entrepreneurship, had a bilateral meeting on Friday with Xiana Margarida Méndez Bértolo, State Secretary for Trade within the Spanish Ministry of Industry, Trade and Tourism.

The discussions focused on the key international trade topics, mainly the trade negotiations of the European Union with the United States and the modernization process of the World Trade Organization.

The meeting took place in the margins of the Foreign Affairs Council – Trade which was organized in Bucharest, on February 21 and 22, 2019.

Minister Oprea and State Secretary Méndez Bértolo had also talks on the Memorandum of Understanding between the Romanian Ministry for Business Environment, Trade and Entrepreneurship and the Spanish Institute for Foreign Trade and Investment, which they will sign on March 13, 2019.

The two officials discussed as well about the Romania – Spain Business Forum, which they will co-chair on the same day in Madrid – as agreed during the official visit to Spain of the Romanian Prime-Minister Viorica Dăncilă, in September 2018.

Minister Oprea and State Secretary Méndez Bértolo approached various aspects of the bilateral economic relations between the two countries. The trade between Romania and Spain amounted to over EUR 4 billion during the first 11 months of 2018, up by 10.6% compared to the similar period of 2017. Spain ranks 8th among foreign investors in Romania, with EUR 1.72 billion registered capital and almost 6,000 companies.

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