American Chamber of Commerce in Romania

AmCham Representatives at the Meeting with the Media on December 7, 2010

The American Chamber of Commerce in Romania (AmCham Romania), presented its advocacy priorities in an end of year meeting with the media on December 7, 2010.

AmCham Romania emphasized the current negotiations for the next EU Financial Perspective 2014-2020 and the need for Romania to have a related official position, given the significant impact of the key principles under negotiation on our country’s financial package.

“This is, in our view, after the pre-accession period, Romania’s opportunity to actively engage in supporting a balance competitiveness matrix at the EU level, and AmCham members are willing to support the responsible authorities in substantiating a national position in line with Romania’s objectives for development” opinioned Sorin Mîndruţescu, AmCham Romania President. The major stake for Romania is not only the position of net beneficiary in relation with the EU budget but also to participate in the definition of the priorities for the EU budget allocations.

AmCham also called for coherent efforts to strengthen Romania’s competitiveness in the region and at the EU level, and reiterated the acute need for structural reforms in areas such as labor and fiscal systems, central elements for both Romania’s economic recovery and its increased attractiveness for foreign investments.

AmCham’s priorities for the fiscal reform include the modernization of the fiscal legislation and of the fiscal administration. As concerns the labor market, AmCham welcomes the current revision of the labor code and of the legislation governing the unions, employers’ associations, labor conflicts resolution, collective bargaining, and pleads for a genuine consultation process, free of electoral pressures, around this essential legislation.

AmCham Romania will continue to advance its priorities and recommended solutions to the authorities, and to militate for transparency in the decision-making process, legislative and economic stability and predictability, the prerequisites of a healthy business climate.

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About AmCham Romania:
The American Chamber of Commerce in Romania (AmCham Romania) is one of the leading professional business organizations in Romania with a significant contribution as partner of the central authorities in elaborating legislation and directives impacting the business environment in our country. During its 17 years of activity, AmCham Romania remained firmly engaged in facilitating an open dialogue between the authorities and the business community it represents. Our members’ expertise is provided to the authorities through the working groups dedicated to areas such as taxation, healthcare, energy, environment, competition, information technology and communications, labor market, human resources and education, public procurement, tourism, infrastructure and corporate governance.
AmCham Romania represents more than 300 members – U.S., international and local companies with total investment over 10 billion USD, and more 150.000 jobs created. AmCham Romania is affiliated to the U.S. Chamber of Commerce and a member of the European Council of American Chambers of Commerce.