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Romania and the WTO will hold a conference on entrepreneurship next year in Geneva

PRESS INFORMATION

 

Ștefan-Radu Oprea, Minister for Business Environment, Commerce and Entrepreneurship, and Roberto Carvalho de Azevêdo, Director General of the World Trade Organization (WTO), agreed to hold a conference on entrepreneurship in Geneva under the aegis of the Council of the European Union Presidency, which will be held by Romania in the first semester of next year.

The two officials met today in Geneva, at the WTO headquarters. Roberto Azevêdo appreciated Romania’s policies to support entrepreneurship debut, especially the Start-Up Nation Program. Thus, the international conference topics will consist of the debut in entrepreneurship, e-commerce and advanced technologies for SMEs.

During the talks, the Romanian Minister presented to the WTO official the priorities of Romania in the field of trade and the business environment during the Romania’s Council of the European Union Presidency, as well as Romania’s position as an EU member state on the process of modernization of the World Trade Organization.

“The Romanian Presidency of the European Council will work closely with the WTO Secretariat in the process of modernizing the architecture of the multilateral trading system. The preparation of the 12th WTO Ministerial Conference, to be held from 8-11 June 2020 in Astana, Kazakhstan, will be one of the priorities of the Romanian Presidency of the EU Council”, said Minister Ştefan-Radu Oprea.

Another important component of the discussion agenda was the organization modernization in the context of a complex and unpredictable climate in the international trading system and the support Romania, as the next Presidency of the EU Council, offers in promoting international order set on rules defined within WTO. In the context, the two officials addressed the issue of the Appeal Body and shared ideas on solutions that could help overcome the crisis.

Background information

Romania has been a signatory to the General Agreement on Tariffs and Trade (GATT), and by participating in the Uruguay Round negotiations it became a founding member of the World Trade Organization (WTO) in 1995.

Until 1 January 2007 (EU accession date), Romania actively and directly participated in the WTO negotiation process. As an EU Member State, Romania enforces the EU’s common trade policy and takes on the commitments of the European community within the WTO. Both the EU and the Member States are members of the WTO, and the European Commission negotiates on behalf of the EU pursuant to mandates approved by the Member States.

 

Ministry for Business Environment,

Commerce and Entrepreneurship Press Office

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