Press Room

GCC – Romania – Bucharest: Business Opportunities in Central and South-Eastern Europe

Press release

The economic forum GCC – Romania – Bucharest: Business Opportunities in Central and South-Eastern Europe, is to be held in Bucharest over 8-10 March 2011, being organized by the Ministry of Foreign Affairs, in cooperation with the Ministry of Economy, Trade and Business Environment, the General Secretariat of the Gulf Cooperation Council (GCC), in partnership with Forum Invest Bucharest and the Federation of Chambers of Commerce of the GCC, under the high patronage of the Presidency of Romania.

This is the first wide-scale economic event in Central and South-Eastern Europe, designed to highlight cooperation opportunities in the economic field, in the areas of investment, business and commerce, between the participating states. The initiative belongs to the Secretary General of the Gulf Cooperation Council, Abdulrahman H. Al-Attiyah.

Invitations to attend the event have been extended to ministers of Economy, Industries and Trade from the GCC states, representatives of other interested ministries, leaders of the main banks, national chambers of commerce, representatives of the banking-financial, investment, business and academic environments.

The Romanian side will be represented by the economic ministries, the National Bank of Romania, the National Council of SMEs,  the National Association of Exporters and Importers of Romania (ANEIR), other professional agencies and unions.

The Forum will have six panels: I. Energy, Oil and Gas; II. Infrastructure, Constructions, Real Estate; III. Tourism; IV. Investment Promotion, Trade and IT&C; V. Agriculture. The debates will focus on projects in these fields of special interest to Romania’s economy.

The official inauguration will take place in the afternoon of 8 March, while the plenary session and the panels will be held on 9 March. The day of 10 March is set aside for one-to-one business talks.

The GCC Economic Forum in Bucharest is the first stage in a set of far-reaching actions related to economic cooperation between representatives the participating states. In the next period (end of this year or early next year) a new edition will be organized in one of the GCC states. Continuity in this actions is meant to help put conditions in place for permanently assessing the progress of projects agreed upon by the sides and identifying new cooperation opportunities and possibilities.

For the updated agenda of the even and further information, go to and the MFA website: