Minister of Finance, Alexandru Nazare, announces that the official visit to the United States, which lasted nearly a week, concludes with „concrete results,” including financing of approximately 2 billion euros for strategic projects.
In a message published on Monday, the official emphasizes that Romania must remain „a stable, predictable, and capable partner to deliver” in an international context marked by economic and geopolitical uncertainties.
Major Financing for Energy and Infrastructure
The government delegation's visit to Washington and New York was structured around three main directions, with one of the most important focusing on discussions with international financial institutions.
According to Alexandru Nazare, significant financing has been secured for key projects:
- almost 1 billion euros for the refurbishment of Reactor 1 at Cernavodă;
- 495 million euros for Transgaz projects aimed at modernizing gas transportation networks;
- 90 million euros for support measures in the context of economic and energy crises.
During meetings with the World Bank Group, including with President Ajay Banga, the Romanian side also discussed strategic projects such as the Black Sea A.I. Gigafactory, seen as a move towards digital sovereignty.
Advanced Discussions with EBRD
The Minister of Finance specified that negotiations with the European Bank for Reconstruction and Development led to the removal of previously requested sovereign guarantees for financing Reactor 1 at Cernavodă.
At the same time, discussions were held on expanding collaboration in public-private partnership projects and EBRD's participation in an investment fund developed jointly with the Development and Investment Bank.
Message to Investors: Reduced Deficit and Stability
Another important aspect of the visit was meetings with international investors and rating agencies. Romanian officials presented recent economic developments, including halving the budget deficit in the first quarter compared to the same period last year.
Nazare conveyed that Romania maintains its fiscal adjustment direction and macroeconomic stability, essential for retaining an investment-grade rating and reducing financing costs.
The Romanian delegation also met with major financial institutions such as Bank of America, HSBC, Deutsche Bank, and ING.
Support Signals from the American Administration
In parallel, the government delegation held discussions with representatives of the US administration, including from the White House, Department of Commerce, Department of Energy, and Office of Trade (USTR).
According to the Finance Minister, Romania received "clear signals of support," and these meetings confirm our country's perception as a credible and predictable partner in its relationship with the United States.
Alexandru Nazare emphasizes that the results obtained are partly the result of discussions initiated in previous visits that are now materializing in financing and ongoing projects.
He believes that financing in the billions of euros for energy, infrastructure, and economic development represents an important step in consolidating Romania's relations with the USA.
"In a challenging global context, marked by economic and geopolitical uncertainties, seriousness in dialogue with international markets, governmental consistency, and maintaining reform targets must remain the main messages," the minister conveyed.