Lynn heading a FICC trade delegation to Romania

In a press release Mr. Uriel Lynn, President of the FICC, said that the visit is an important step to increase economic ties with Romania which is negotiating its entry into the EU. Lynn also emphasized that the delegation will provide a platform to widen
06.09.04 / 00:00
Mr. Uriel Lynn
06.09.04
Mr. Uriel Lynn
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A joint trade delegation of the Federation of Israeli Chambers of Commerce left Sunday for a three days visit to Romania.
 
In a press release Mr. Uriel Lynn, President of the FICC, said that the visit is an important step to increase economic ties with Romania which is negotiating its entry into the EU. Lynn also emphasized that the delegation will provide a platform to widen trade co-operation between Israeli and Romanian enterprises.
 
The visit follows an invitation by the president of Romanian Chamber of Commerce .Mr. George Kozokaro.
 
The delegation which consists of 15 delegates representing the agriculture, freight forwarding food and medicines will meet the Romanian trade and industry minister Mr.Dan Loan Popescu, Mrs. Adriana Ticau, minister of communication and heads of Eximbank & Eurombank.
 
Romania's GDP for 2003 is estimated to be $154.4 billions ( $6900 per capita ). Unemployment rate is 7.3% and inflation rate is 14.3%. Romania's main industrial output are : textile. Shoes, light industries,metals & refined oil. Its main trading partners are: Italy, U.S.A, Britain, Turkey, Germany & France. In 2003 Romania exported $17.6 billions worth of goods and services and imported $22.2 billions.

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