Romania-Russia Business Forum

Prahova Chamber of Commerce and Industry (CCIPH) on January 29 hosted the Romania-Russia Forum, an event attended by the Ambassador of Russian Federation to Bucharest, HE Valeri Kuzmin. The host of the Forum was the President of CCI Prahova, Aurelian Gogulescu. The meeting was also attended by the General Manager of Petrotel-Lukoil, Alexey Kovalenko.

A significant contribution to the success of the event was ensured by the presence of companies specialized in granting support for the conclusion of trade agreements with Russian partners, the implementation of bilateral cooperation projects, the promotion of Romanian products on the Russian market, compliance with the provisions of customs and trade legislation for export of products and services to Russia, the organization of participation in fairs and exhibitions on the territory of the Russian Federation.

The event was honoured by the presence of representatives of three Chambers of Commerce and Industry from Russia – CCI Moscow, CCI Kursk and CCI Bashkortostan. Thus, companies from Prahova, Bucharest and other 12 counties present at the action and interested in developing trade and investment collaboration projects with Russian partners or which have already accessed the Russian market had the opportunity to receive information and concrete solutions to facilitate activity on this relation.

The areas of interest that were subject to B2B discussions were: the oil, gas and petrochemical industry, research in oil industry, crude oil transport services, logistics and road and maritime transport services, domestic water and oil sludge treatment services, innovative products in the market of pipeline transport installations etc.

In 2018, the value of trade between the Russian Federation and Romania amounted to USD 4.912 billion (3.095 exports from Russia, 1.823 imports from Russia), up 26.6% compared to 2017 (USD 3.89 billion). The main goods were mineral products – 42.5%, machines, equipment and appliances – 14% and transports – 11.6%.

 

About CCIPH

Created by its members to support, promote and represent the interests of the entire Prahova business community in its relations with the authorities in the country and the specialized bodies from abroad, Prahova Chamber of Commerce and Industry is a non-governmental organization of public utility, self-financed, aimed at developing the economy of Prahova County and promoting it domestically and abroad.

 

About CCI of Russia

The Chamber of Commerce and Industry of the Russian Federation is a unique organization that helps to create a favourable business environment and global connections for a wide network of Russian territorial and international chambers. Its goal is to promote the growth of the Russian economy, clear trade barriers and support investment initiatives.

The Chamber of Commerce and Industry of the Russian Federation (CCI of Russia) is a non-governmental non-profit organization uniting its members to meet the tasks and objectives set by the Russian Law on Chambers of Commerce and Industry in the Russian Federation and the Chamber’s Charter.

The Chamber of Commerce and Industry of the Russian Federation represents the interests of small, medium and big business and encompasses all business sectors – manufacturing, domestic and foreign trade, agriculture, finance system and services.

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