Quayle: Economic relations, very good

United Kingdom’s Ambassador to Romania, Quinton Quayle feels bilateral economic relations between Romania and the UK are very good, with trade hitting a record high (more than $2bn a year) and having gone up by about 20% in the last year. Quayle said on Thursday that more and more British investors were coming in Romania, maybe not as fast as some might expect, yet they were interested nonetheless. Numerous British trade missions are organised in Romania, 16 in 2004 compared with 8 in 2003. Also this year the first British frigate will be transferred to the Romanian Navy in September, when a special event will be organised because this is a successful project, Quayle says. The business people’s interest in Romania is increasing, the Ambassador says, adding he has been getting signals in this regard from British business people, because the country offers a lot of opportunities, economy-wise. “Two very important missions will be organised by the end of the year, which will include big British corporate names. I am optimistic in this regard,” Quayle added. ZF