More accessible US market

The acknowledgement of Romania as a market economy by the US will help boost the confidence of American companies in conducting commercial operations with Romanian partners, as well as attract foreign direct investment, the Foreign Trade Department says. “The economic benefits deriving from the acknowledgement as a market economy concern, among others, defending the right of the Romanian commodities to enter the US market in competitiveness conditions, making it possible to counteract antidumping and safeguarding measures with market economy arguments,” state secretary Eugen Dijmarescu explains. This decision will also make a positive impact on Romania’s economic relations with other states. ZF