Romaniapress.com

July 10, 2019

PM Dancila: Government’s objective - funds granted for Army endowment to return back to economy
Jul 10, 2019

PM Dancila: Government’s objective - funds granted for Army endowment to return back to economy.
The Government’s objective is to see the funds granted for Army endowment returning, as much as possible, to the Romanian economy, so as to contribute to the revival of the national defence industry, through industrial cooperation and technological transfer, Prime Minister Viorica Dancila stated on Wednesday, on the occasion of the signing of a memorandum of understanding between Romaero SA Bucharest and Raytheon Company. "This year, the Government allotted important amounts to operators running on state capital to develop and upgrade their production capacities. Moreover, considering Romania’s operational duties as NATO member, our country firmly committed to make a continuous effort to endow its Army and earmarked, for the third consecutive tear, 2 per cent of its GDP to Defence. This decision proves that we fully understand the strategic role played by our country in the Black Sea area, in particular, and on the South-Eastern Flank of NATO, in general. However, the Government’s objective is to see these funds returning to the Romanian economy, as much as possible, to contribute to the revival of the national defence industry, through industrial cooperation and technological transfer. The signing of this memorandum of understanding and our cooperation confirm the potential of the Romanian industry in strengthening the defence capabilities in as many theaters of operations as possible. By transforming expertise and knowledge into products and services with high added value, Romania will have the possibility of exports production at global level," said Viorica Dancila. The memorandum of understanding between Romaero S.A. Bucharest and Raytheon Company to lay the grounds for the local industrial collaboration in the Patriot Programme was signed for Romania by general manager of Romaero SA. Remus Vulpescu, and for the US, by Mike D’Ambrosio, manager at Raytheon. Participating in the event were also the ministers of economy and defence, Niculae Badalau and Gabriel Les. AGERPRES (RO - author: Daniel Florea, editor: Claudia Stanescu; EN - author: Cristina Zaharia, editor: Adina Panaitescu)  

[Read the article in Agerpres]
 
 
SEE ALSO IN ROMANIAN NEWSPAPERS

Romanian climber Gavan ascends Gasherbrum 2, elevation 8,035m Romanian climber Alex Gavan on July 18 ascended Gasherbrum 2, elevation 8,035 meters, of Mount Karakorum, Pakistan, without using additional oxygen or Sherpas, according to a press statement released on Tuesday. This is Gavan's seventh successful climb of a peak with an elevation higher (...)

Nistor's mandate as DNA interim chief prosecutor extended by another six months The Prosecutors' Section of the Superior Council of Magistracy (CSM) extended on Tuesday by another six months Calin Nistor's mandate as interim chief prosecutor of the National Anticorruption Directorate (DNA). The decision was announced by Justice Minister Ana Birchall, at the (...)

Code Yellow of atmospheric instability in 22 counties and Bucharest, until 23:00hrs The National Meteorological Administration (ANM) issued on Tuesday a Code Yellow advisory of atmospheric instability, valid until 23:00hrs, in 22 counties and Bucharest. According to meteorologists, between 12:00hrs and 23:00hrs, in Muntenia, Dobrogea, the western part of Moldavia, the Oriental (...)

PSD's Dancila meets ALDE's Tariceanu, Pro Romania's Ponta to discuss maxmising election chances National leader of the majority Social Democratic Party (PSD) Viorica Dancila on Monday met leader of the extra-parliamentary Pro Romania Party Victor Ponta and national leader of PSD's junior partner Alliance of Liberals and Democrats (ALDE) Calin Popescu Tariceanu, without making any (...)

PM Dancila: I don't think Firea will run as an independent, she would lose the mayor tenure The PSD (Social Democratic Party) leader, Viorica Dancila, has said that, in her opinion, Gabriela Firea will not run in the presidential elections as an independent, for this would mean she would "lose the mayor tenure." "I don't believe Gabriela Firea will run as an (...)

Pro Romania's Ponta: PSD would never let their leader not run;Dancila to be PSD's candidate Pro Romania Chairman Victor Ponta stated on Monday that Prime Minister Viorica Dancila proposed him to endorse the Social Democratic Party's (PSD) candidate in the presidential elections and he said that there hadn't been a negative or positive response because he wanted to know (...)

PSD's Firea: If I were to candidate for PSD, ALDE, Pro Romania, I would defeat Klaus Iohannis Bucharest General Mayor Gabriela Firea said she was certain that, if she were to run in the next presidential elections supported by PSD (Social Democratic Party), ALDE (Alliance of Liberals and Democrats), Pro Romania, she would defeat Klaus Iohannis. "I am trying to convince my (...)

 

Romaniapress.com : all romanian news. Copyright © DIRECTWAY | News RSS |