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OCDE Romania's Foreign Affairs Minister, Bogdan Aurescu, hailed the completion of the roadmap for Romania's OCDE accession during his Thursday's participation in the Organisation's Ministerial Council in Paris. According to a Foreign Ministry communiqué, Romania's firm commitment to completing the domestic preparations for ensuring the best conditions for unfolding the OCDE accession talks has been highlighted by Aurescu in his speech during the meeting. Aurescu has also mentioned the main present challenges to the objectives assumed at global level concerning the environmental protection, the COVID-19 pandemic as well as the illegal war Russia is presently waging on Ukraine. The head of the Romanian diplomacy said that the Russian aggression has among effects a higher emphasis on the use of fossil fuels, the destruction of the environment and marine ecosystems. On the sidelines of the event Aurescu held talks with his French counterpart Cathernie Colonna on the bilateral relations as well as topical issues at European and international levels with emphasis on security and the multiple implications of the Russian invasion in Ukraine.
IMF Prime Minister Nicolae Ciuca on Thursday received an IMF delegation currently on an annual assessment mission in Romania. On the occasion of celebrating this year 50 years of IMF membership, Ciuca thanked the IMF representatives for the technical and financial assistance Romania has benefitted in all these years. According to a communiqué, Ciuca appreciated the positive IMF assessments and the counseling in the field of fiscal policies with a view to curbing deficits and ensuring a healthy economic growth against the difficult background caused by the latest crises at European and international levels. Ciuca presented the governmental measures aimed at providing support for both the economy and the vulnerable citizens affected by the latest price hikes. In turn, the IMF representatives appreciated the Romanian authorities' efforts to keep inflation and deficits at bay.
DEFICIT Romania's trade balance deficit stood at around 10 billion Euros in the first four months of this year, by almost 3 billion Euros more than the one registered between January 1st and April 30th, 2021, according to data made public today by the National Institute of Statistics. In April 2022 exports totaled 6.886 billion euro and imports 9.711 billion euro.
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