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EconomyMin Borc: Romania deals with a lack of trust in a better future

Romania is dealing with a lack of trust in a better future, both inside the country and outside the borders, stated on Tuesday Economy Minister Costin Borc, during the Romania-Slovakia Bilateral Business Forum.

"Romania goes on an encouraging route in regards to economic growth, consumption and investments. We must find the best solutions to capitalize on the maximum potential of this favorable context both economy-wise and from the point of view of Romania's position in a regional and international context. (...) Despite the progresses made in the past years and the ascending trend of economic environment, Romania deals forwards with a lack of trust in a better future, both inside the country and outside the borders. Trust is essential for every design of the entrepreneurs who want to establish or develop business, foreign investors or other partner countries, in order to intensify the cooperation of economic relations.

According to the minister, the state must be a facilitator of the innovation of the ecologic-system development in Romania.

"The industry is undergoing today, on a global level, through a paradigm changing in which the innovation is the main ingredient of business success. Competitiveness means the ability to anticipate the trends, to position in front of the market's actors, to innovate and come with accessible solutions. The state, in this conditions, must be a facilitator in the development of the eco-system innovation in Romania. Through all the to-the-point actions, the Government proposes today a type 4.0 approach of Romania's industrialization, a concept that places the IT industry and the intelligent specializations not only as an engine of economic growth but as a propulsion force for the industries with a proven capacity for enhancing and competing," the Economy Minister added.

The Chamber of Commerce and Industry of Romania in collaboration with the Slovak Investment and Trade Development Agency and the Economy, Trade and Relations with the Business Environment Ministry, organizes on Tuesday the Romania - Slovakia Bilateral Business Forum, which is also attended by Slovak President Andrej Kiska.

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