U.S. ambassador: Beneficial business climate needs corruption-free judicial system

Publish date: 15-06-2010
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Romania needs an encouragement of its private sector, but a transparent corruption-free judicial system is needed in order to have a beneficial business climate, U.S. Ambassador to Romania Mark Gitenstein told a special meeting commemorating the 130th anniversary of the establishment of diplomatic relations between Romania and the United States hosted by the Romanian Academy's Auditorium.

Gitenstein stressed he and his colleagues at the U.S. Embassy in Bucharest invest much time and energy for the encouragement of the private sector development, not only by assisting the U.S. companies in entering the Romanian market and prospering, but also by supporting a business climate beneficial to the American and Romanian companies. However, he adds, this needs a transparent corruption-free judicial system and a Government that should make predictable and reasonable decisions.

Gitenstein insisted that none of the strategic initiatives or alliances Romania is part of is sustainable without an efficient robust economy. The support offered by Romania in Iraq and Afghanistan is particularly appreciated. Romania's acceptance to host the anti-missile defence system in its territory is extremely important to the United States and to the countries neighbouring Romania. You are one of our most trustworthy allies in the region and we continue to need you, he said.


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