\u201cRomania remains a steadfast partner of Ukraine, which is why we wish to actively participate in the recovery and reconstruction program,\u201d stated Mihai Jurca, Head of the Prime Minister\u2019s Office and Romania\u2019s Special Representative for the Reconstruction of Ukraine. He made this statement at a conference titled \u201cStrengthening Romania\u2019s Role in the Recovery and Reconstruction Process of Ukraine,\u201d organised in Bucharest by the Romanian Government in partnership with the World Bank Group.<\/p>\n
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As a neighbouring country, Romania is strategically well-positioned to contribute to Ukraine\u2019s recovery and reconstruction. In this context, the event aimed to discuss how Romania can capitalize on this potential and the necessary next steps, in the short and medium term, to define a vision and strategy in this regard. Mihai Jurca stressed that the government intended to act in a coordinated manner, both at the national and local levels, to strengthen the involvement of public institutions and facilitate Romanian companies\u2019 access to the Ukrainian market. \u201cWe are developing a concrete vision and a roadmap of actions to capitalise on this opportunity for Romania, in the context of fiscal consolidation and the advantage of proximity,\u201d said Mihai Jurca.<\/p>\n
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According to the World Bank\u2019s latest analysis, the costs are estimated at 588 billion USD. The institution, through its Director for the European Union, Anna Akhalkatsi, congratulated Bucharest on its active involvement in supporting Ukraine since the beginning of the conflict. Romanian companies in industries such as construction, energy, logistics, and digital services are well-positioned to contribute to this reconstruction and to create jobs and economic growth at home, Anna Akhalkatsi noted during the conference. She added that the World Bank Group was ready to support Romania in capitalising on its competitive advantage and transforming it into a lasting economic advantage.<\/p>\n
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With regard to strategic sectors, the Ministry of Energy highlighted Romania\u2019s role in enhancing regional energy security and independence, given Black Sea gas production and Ukraine\u2019s storage capacity. Furthermore, Romania is expanding its support for Ukraine as a trading partner in the electricity sector, as well as in active regional interconnection, through the development of two overhead power lines, between Chernivtsi and Suceava and between Porubne and Siret.<\/p>\n
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The representative of the Ministry of Transport outlined Romania\u2019s priorities regarding Ukraine\u2019s recovery and reconstruction. These include the development of rail and road infrastructure (including funding through the SAFE program), the opening of new border crossing points with Ukraine, the development of the Port of Constan\u0163a, and the expansion of transit capacity on the Sulina Canal. (MI)<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
\u201cRomania remains a steadfast partner of Ukraine, which is why we wish to actively participate in the recovery and reconstruction program,\u201d stated Mihai Jurca, Head of the Prime Minister\u2019s Office and Romania\u2019s Special Representative for the Reconstruction of Ukraine. He made this statement at a conference titled \u201cStrengthening Romania\u2019s Role in the Recovery and Reconstruction […]<\/p>\n","protected":false},"author":46,"featured_media":998432,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37738],"tags":[],"coauthors":[115852],"class_list":["post-998490","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-today-in-the-news"],"acf":[],"yoast_head":"\n