Romania-Turkey Business Forum

Bucharest | 2 April 2015

Mr. Mihai Daraban, president of the Romanian Chamber of Commerce and Industry (CCIR), was the host of the Romania-Turkey Business Forum, held on 1 April 2015 in honor of the visit of H.E. the President of the Turkish Republic, Mr. Recep Tayyip Erdoğan. The event, attended on the Romanian side by Prime Minister Victor Ponta, was marked by the signing of a Memorandum of Understanding between the CCIR and Turkey’s Council of Foreign Economic Affairs (DEIK) focused on the development of bilateral relations through mutual investments.


In his speech, Mr. Recep Tayyip Erdoğan outlined the importance of economic cooperation between the two countries. At present, the value of commercial exchange between Romania and Turkey has reached 6 billion dollars. ”We have set a common goal to push that figure to 10 billion dollars” Erdogan said. There are over 10,000 Turkish enterprises active in Romania in sectors like infrastructure, production, commerce, financial-banking and real estate, all of which support a significant number of jobs, added the Turkish president.


In his speech, Prime Minister Victor Ponta referred to the economic relations between the two states outlining the unprecedented level of strategic, political and economic cooperation achieved of late.”I believe relations between the chambers of commerce in our two countries, as well as the direct dialogue between Turkish companies and my government, reflect our full availability for collaboration. Turley is Romania’s main trade partner outside the EU. Economic ties to Turkey, both at an institutional and private sector level, are essential and projects in energy, agriculture and infrastructure are a vital gain for both countries.”