Centrul Diplomatic/Diplomatic Center

Centrul de Studii Politice si Diplomatie/ Center for Political Science and Diplomacy

THE LAW ON GIVING IN PAYMENT(COMMISSIONING) WILL BRING NORMALITY IN ROMANIAN REAL ESTATE

 The Law on Giving in Payment is making murky waters  on Romanian real estate market and is creating powerful pro and against camps every day more vocal, but unfortunately less and less based on economical date and more on sentimental reasons.

In order to address this fundamental issue: what will be the impact on commissioning law on real estate market? The Institute of International Relations and Economic Cooperation organized on 29 February 2016, the annual conference dedicated to the housing market in Romania.

THE ROLE OF REAL ESTATE MARKET IS TO PROVIDE HOUSING AND NOT EXUBERANT PROFITS TO SPECULATORS

In the opening remarks of the conference Prof. Dr. Anton Caragea explained the importance of real estate market:

We must comprehend the fundamental truth that : the real estate market is not dedicated to the big business sharks, to the speculators or to hit and run economic actors, but the real aim of this market must be to offer housing to those in need not profit to real estate moguls.

 

Or this is exactly the hitting point of the hammer of the law, the great real estate speculators, who aim at taking profit after profit, that are speculating on housing, they will be the victims, while the persons in search of house for living, for building a family, they will be in advantage.

 

Is normal that the prices will abruptly go down, and this is a perfect solution for the real estate market because the prices must not be dictated by speculators and riff raffs but by the real economy and this is demanding a reduction in prices by 50%. This will exactly the outcome of the Giving in Payment Law: will bring normality on housing market.

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The real image of Romanian housing market: old, shabby houses, energy deficient and costly.

On the venue of the conference where brought together: real estate agents, bankers, property experts and evaluators, brokers and real estate funds from Romania and EU and economists.

The debates started with the highlights of the latest evolution`s and drop in prices on real estate market in Romania during 2015, the most prominent bankruptcies in the real estate developers and the factor leading to a continuing devaluation of the market prices for 2016.

2015: THE REAL ESTATE PRICES TOOK A PLUNGE OF 15% 

During last year, according to the figures presented on the conference, the average price reduction was around 15%, as a medium calculation, with highest mark for villas and houses going towards a 25% reductions, one of the most serious drop since the economic crisis hit Romania.

Despite this optimist signs of price reductions, all the experts underlined the fact that: prices are a long way to go before they reach the normal prices range.

 2016 will mark new prices reductions until the real estate will register a 50% decrease from present day levels.

The tendencies on the market are putting the correct price around 200 Euro per square meter, the just price for Romanian market.

A highly interesting statistic proved that: who signed a contract last year to buy a propriety has already lost 20% of his investment.

New significant drops in prices (around 50% of present day marks) are just the tip of the iceberg and will have to continue in the next period, if there is to be a chance for the market to be stabilized and the investment in real estate to become one more time attractive and efficient.

From an initial value of 1.200/1.300 euro per build square meter, the prices have dropped by the year-end, towards 650-450 euro per constructed square meter, but are a long way to go until normal prices, requested by the market, will come back on Romanian real estate.

2016: THE INDEX OF PRICE IS INDICATING A 25% REDUCTION IN PRICES 

The real estate market will continue the downward spiral in 2016, accelerated by the economic crisis and low-income, with the greatest devaluation registered for the rural based property and on secondary or vacation house market and provincial cities where prices will decrease by 80% while the depreciation will rich figures of around 40% to 50% on premium real estate objectives in Bucharest areas.

The prices are expected to fall below 200-250 euro per constructed/ square meter in prime areas of Bucharest real estate.

 imobiliarele sunt in faliment

The housing market prices have one direction: Down and quickly !

The drop in prices is driven by the ongoing banking crisis, the powerful economic crisis, the reduction of incomes, the shrinking in number of banking institutions available to offer real estate loans, the spike in banking interest rates, dramatic decrees in investment, drastic reduction in real income for majority of Romanians, unfavorable economic prognosis, ongoing economic crisis and also decrees in foreign investments and in revenues from Romanian working abroad etc.

To this long list of negative trends we can add the 120.000 new flats, houses and villas that will be placed on the market by the banks in the foreclosure process.

They were expected to flood the market from 2015, but their apparition was bogged down by law complication and lawsuits but eventually they will start emerge from banks portfolios on the market bringing severe corrections to the prices.

This new properties will be presented on the market with reduction`s in prices ranging from 50% to 25% percent from the initial announced price.

 preturiinscadere

The banks presented list of property with starting prices ranging from 15.000 to 20.000 euro for one room flat, to 25.000 euro per two rooms flat and around 35.000 euro for three room flats.

The mansions and villas are sold at pricing ranging from 35-40.000 euro per 200 squared meter’s villas in high luxury areas and as low as 20-30.000 euro in secondary areas.

The prices for land in Bucharest area already dropped with 50% in 2014 and will furthermore decrease with 50% this year, reaching finally the 50 euro per square meter in central areas of Bucharest, a price that will allow re-emergence of developers on the market on the next years.

On the list of economic developments, on the real estate market, that are impacting downwards the prices were highlighted: a drop in population real income by 30% in 2014/2015, this had impacted drastic the number of real estate buyers, banking system is engulfed in crisis and choked by low-commercial value properties; the average real interest for real estate credit is around 20% which is making the cost of real estate credits unsustainable.

We can safely conclude that: taking a real estate loan in this period is the path towards bankruptcy and foreclosure for 90% of the clients.

Borrowing today ! Bankrupt tomorrow! was the bitter joke of the bankers, which confessed that banking system is in a vicious circle, until the prices will reach the 200 euro per square meter mark, until this moment the loan market is blocked.

WE HAVE HOUSES! BUT WE DON’T HAVE BUYERS! 

2016 is presenting a market under siege with offers and with no buyers interested.

This year will enter on the market like a flood: over 50.000 hectares of prime land and a new stock of 3.000 villas and mansions in areas as: Colentina, Bucurestii Noi, Pipera, Baneasa, Damaroaia etc.

This avalanche of real estate`s will be sold on the market at prices below 50.000 euro per property and will push toward collapse the luxury real estate market.

Another interesting factor that emerged from discussion was the fact that: this year the offers are reaching 50% from the asking prices, while the norm on the market was a difference between 10 to 15% but today the gap has go down to at 50% of the initially estimated price.

 CAMERA DE COMERT BUCOVINA

Chief Economist Mihail Raceanu underlined again and again the fundamental truth that: real estate market cannot operate outside the negative climate of Romanian and EU economy.

The real estate market is intricately connected with the decrease of average wage and real income per person and the economy status.

 The price per square meter, in prime real estate areas, cannot be over medium salary value by more than two times.

As in Romania the salary is around 150 euro monthly, the price per square meter cannot exceed more than 300 euro, as a matter of economic sanity.

It a clear axiom of economic sustainability, you are breaking it; you go out of business, concluded Mihail Raceanu.

The market will restart if we will reach the financial comfort zone around 200-300 euro’s per square meter.

This is the hard to swallow truth: who is not cutting rapidly the prices remains excluded from the market.

50% to 60% REDUCTION IN HOUSING AND VILLA MARKET SECTORS. 

We have entered now in the eight year of the housing crisis and we have to logically be prepared for another eight year for dropping prices as normality on the market is the United States expert’s opinion.

Crisis is today economic normality!

The developers in the areas of villas and houses concluded that this area will continued to be severely hit with drastic reduction of prices during 2016.

The main reason is the fact that: economic crisis had dramatically reduced the number of interested players for buying this type of real estate, corroborating this with decreasing rental market and drastic reduction in number of companies interested to rent such large spaces for offices and the growing expenses to maintain such a property, had gone up impressively, all is worsening the perspective for this type of properties.

The new taxes and fiscal obligations are hitting hard on the owners of luxury estates and the maintenance cost are rising rapidly on gas and heating tabs.

This type of properties is the most vulnerable for banking foreclosures and sell on the market at prices below 50.000 euro such villas can help the banks to cut their losses.

During this year areas such as: Mosilor, Pipera, Baneasa, Tunari, still offer the possibility to be sold around 50.000 euro, the rest of the areas of south and east of the capital (Damaroaia, Berceni, Timpuri Noi, Colentina), are completely unfit for marketing and selling because of the inexistence of interested buyers.

  homelessin London

The portrait of housing buyer: bankrupt and on the street!

YOU BUY!  YOU LOOSE!

During 2015 the same order is playing in the real estate market: you bought, you lost!

From the moment that you ink the deal, the real value of your house has gone down by 20% and will continue to dwindle.

Understanding the real estate market evident lessons is a major step: the internal market with a dwindling number of buyers and unpredictable income is blocking any major acquisitions and foreign investors are NOT coming to the market.

Nothing will change until the prices are reaching the 200 euro mark per square meter.

No investment in Romania is possible at current prices of 400-500 euro per square meter as long as similar opportunities are to be found in Austria, Hungary, Greece, Turkey or Bulgaria but at prices below 100 euro.

  In this moment any buyer of Romanian properties will lose big and heavy, concluded the panel of experts present at the conference.

All the hopes are concentrating on the rapid implementation of the New Fiscal Code of Romania that will force by huge taxes and levies the owner to rapidly sale their property or face foreclosures.

Thus will bring the prices to the reality of 200 euro target of real estate market.

The Law of Giving in Payment in marking a step in the right direction towards bringing equilibrium of the real estate market and signaling that the time of housing speculators in rapidly nearing his end.

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February 29, 2016 Posted by | Foreign policy | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

ROMANIA REMAINS INTERESTED IN IRAQ DEVELOPMENT

On 9 June 2015 the taking office, protocol meeting, between Prof. Dr.Anton Caragea, President Director-General of Institute of International Relations and Economic Cooperation and H.E. Hussain Sinjari, Ambassador of Republic of Iraq, had taken place.

Prof. Dr.Anton Caragea express his heart felted congratulation on the occasion of beginning of mandate of H.E. Hussain Sinjari and stated that Iraq was and it will always be considered a strong ally and friend of Romania in the Middle East region and expressing the view that we have all the unmistakable signs of a successful strategic friendship.

Romanian Diplomatic Bulletin

H.E. Hussain Sinjari, Ambassador of Republic of Iraq gives a warm welcoming to Prof.Dr.Anton Caragea, President Director-General of Institute of International Relations and Economic Cooperation.

In his declaration Professor Dr.Anton Caragea had appreciated that between Romanian and Iraq we are witnessing a large area of common interests such as: strong, constant developing and stable economic relations, an open and substantial political dialogue and a common sentiment of brotherhood.

All this elements are destined to forge a good understanding between the two nations.

The Romania-Iraq relationship must be an example of constructing strong relation between Romania and countries of the Middle East.

In the last decade the bilateral dialogue with Iraq was exceptional in amplitude, seriousness and efficacy and this bilateral long term commitment is constitute an obligation for both of the countries to continue building this framework of dialogue and friendship.

H.E. Hussain Sinjari had expressed his appreciation for the encouragement`s offered by Prof.Dr.Anton Caragea and had stated that the vision of a economic, politic and cultural special relationship between Romanian and Iraq is a mutual shared vision.

The dialogue had continued on concrete aspects and analyses of economic, political and cultural bilateral relations and on ways of fostering this dialogue on to the future.

Concrete actions on: creating a Romanian-Iraq Business Council  to promote Iraq continuing development and on economic opportunities, the opening of honorary consuls offices to promote the bilateral relation and amplifying the parliamentary cooperation where also tabled at the meeting.

The amicable discussion marked also the themes of inter-cultural dialogue and religious tolerance and H.E. Ambassador Hussain Sinjari outlined his previous activities at the head of Tolerancy.org, a non-governmental organization destined to promote the values of humanity in today`s world.

The dialogue led the foundations of a successful diplomatic mandate and offered the solutions necessary to foster in the near future the relations between Romanian and Iraq and constitutes a promise to continue a successful direction on Romanian diplomatic action.

June 14, 2015 Posted by | BEST AMBASSADOR TO ROMANIA IN 2013, Blackseanews Agency, Diplomacy, Foreign policy, Informations, Institute of International Relations and Economic Cooperation, International Relation, Iraq, Islam, Mass media, News, Orient, Politics, President Director General of Institute of International Relations and Economic Cooperation, President Dr. Anton Caragea, Profesor Dr. Anton Caragea, Professor Dr. Anton Caragea, UNESCO Heritage List, Universities | , , , , , , , , , , , , , , , , , , | 1 Comment

WHAT ARE THE SECRETES OF ROMANIA`S BEST WINE? ALL WAS REVEALED BY COTNARI HOUSE OF WINE

On 21 March 2015 at the Romexpo Hall in Bucharest, the opening ceremony of International Wine Fair GoodWine has taken place.

 On this occasion, Professor Dr. Anton Caragea-President General Director of Institute of International Relations and Economic Cooperation, accompanied by a delegation of parliamentarians and diplomats had opened the Venue and visited the stand of CASA DE VINURI COTNARI (COTNARI HOUSE OF WINE) the creator of Romanian Diplomatic Wine for 2015.

European Vin D`Honnor

 IRICE President-Professor Dr. Anton Caragea is presenting the VIN D`HONNEUR from HOUSE OF WINE-COTNARI 

 

 COTNARI HOUSE OF WINE had presented, on the opening of International Wine Fair GoodWine, a selection of the best wines of 2015: the BUSUIOACA DE BOHOTIN (Bohotin Basilicum)-COLLOQUIUM IN PARIS wine, who conquered the public with his pungent aroma, fine pearled image and the apple and fruity dominated taste a wine nearing perfection and marked with 98 points out of 100 for the flowery flavor.

The wine presentation continued with another star of COTNARI-DIPLOMATIC WINE: the Rose Wine from Dominium (Domenii) series of COTNARI HOUSE OF WINE and the Black Girly (Feteasca Neagra) from Dominium, launched in the spring of 2014.

Was presented also a wine preferred by European tasters: the special Fat Lady of Cotnari (Grasa de Cotnari) a wine that conquered all hearts by his long-lasting aroma, fine taste and technological mastery.

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Awarding the WINEMAKER OF THE YEAR AWARD FOR 2014 to Mr. George Malutan, oenology expert of HOUSE OF WINE-COTNARI. From left to right: H.E. Mrs. and Mr. Daulet Batrashev-Ambassador of Kazakhstan, IRICE President-Professor Dr. Anton Caragea, Mr. George Malutan-Cotnari wine expert, H.E. D.P.R.Korea Ambassador-Ri Kwang Il

 

The BUSUIOACA DE BOHOTIN (Bohotin Basilicum)-by COTNARI HOUSE OF WINE was undoubtedly the Queen of the festivity.

The international recognitions had poured on the BUSUIOACA DE BOHOTIN: noted as the perfect European Wine in December 2014 and voted by the diplomatic committee in December 2014 at Good Wine, as the BEST ROMANIAN WINE in 2015, it catches the eyes of all the visitors and lovers of good wine.

THE COTNARI HOUSE OF WINE had presented also the celebrated national wine assortment: Feteasca Neagra in two separate editions.

One, under the brand of  Domains (Domenii) and a special and unique surprise the presentation of the new FETEASCA NEAGRA of 2014 both united by a perfect mastery of the tannins, a perfect maturity potential that is promising a good evolution in the bottle and will offer full enjoyment to the consumers for many years to come.

 The guests present on the venue, crowded to taste the Busuiaca de Bohotin-THE BEST ROMANIAN WINE FOR 2015, and awarded by The Institute of International Relations and Economic Cooperation with the title of Diplomatic Wine, the Romanian representation wine.

Concluding the tour of the COTNARI HOUSE OF WINE-the creator of the DIPLOMATIC WINE FOR 2015 Professor Dr. Anton Caragea ask the honored guest present at the venue: H.E. Ambassador of Kazakhstan Batrashev Daulet and H.E. Ambassador of DPR Korea-Ri Kwang Il and parliamentarians to be witness at the presentation of the WINEMAKER FOR 2014 title for Mr. George Malutan-the oenology expert of CASA DE VINURI COTNARI (COTNARI HOUSE OF WINE) for his Feteasca Neagra wine creation.

 Un creator fericit-George Malutan

A happy wine creator- Mr. George Malutan-THE WINEMAKER OF THE YEAR: the Feteasca Neagra creation of Cotnari Wineyard was selected by the jury

 

Presenting his assessment on the International Wine Fair GoodWine March 2015, Professor Dr. Anton Caragea- President-General Director of Institute of International Relations and Economic Cooperation stated that the event has proved the ever-growing level of Romanian wine industry and of Romanian wine producers, perfect represented by the COTNARI HOUSE OF WINE- the creator of Romanian Diplomatic Wine.

March 24, 2015 Posted by | BEST ROMANIAN WINE, COTNARI House of Wines, Diplomacy, Information on Korea, Informations, Institute of International Relations and Economic Cooperation, International Relation, IONEL AGRIGOROAEI, News, President Director General of Institute of International Relations and Economic Cooperation, WINEMAKER OF THE YEAR | , , , , , , , , , , , , , , , , , , , , , | 3 Comments

GEORGE MALUTAN IS THE NEW WINEMAKER OF THE YEAR

The unveiling of the title for WINEMAKER of THE YEAR for 2014 and the public presentation of best European wines had succeeded in gathering in the same spot the wine connoisseur’s community of Europe, Romania and the entire world on the venue of the International Wine Fair.

European Diplomatic Wine is unveiled

George Malutan is the WINEMAKER OF THE YEAR

Diplomats from Europe, Asia and Africa, members of Institute of International Relations and Economic Cooperation, European Council on Tourism and Trade,  European Bank for Reconstruction and Development and countless personalities had convened on the spot, eager to know the names of 2014 best of wines and their makers.

In order to enchant the audience, the organizers decided that: the name of the BEST WINEMAKERS should be accompanied by the tasting of their prized creations.

The award ceremony and the tasting session had commenced by a Feteasca Neagra (Black Girl) from Dominium series of Cotnari House of Wine, a perfect red wine that encompassed with distinction the work of the wining George Malutan, the winner of WINEMAKER of THE YEAR designation.

cvc_domenii_fn-b1studio-web

Feteasca Neagra-one of the award wining creation of world fame of Mr. George Malutan.

 

Mr. George Malutan had proven himself by long term and successful efforts in creating COTNARI-Hose of Wine products.

Wines such as the Feteasca Neagra, had conquered the hearts and mind of diplomats at the DIPLOMATIC WINE contest for 2015, but also Mr. Malutan creations won many gold and silver medals, in the last span of time in International Wine Contests and tasting ceremonies. All this achievements bestow a perfect international recognition for his wines created for the portfolio of COTNARI House of Wines.

Professor Dr. Anton Caragea, President General-Director of Institute of International Relations and Economic Cooperation of Romania had eulogized the wines created by Mr. George Malutan as perfectly capturing the terroirs specificity of Moldavia and Romania and respecting the long lasting tradition of wine making of the areas.

His creations are garnering the art of wine production together with the latest technologies specific to the New World wines.

The result is a perfect calibrated wine, this is a living proof that old European wineries can be still seductive created with the new technologies and can lead in the world top of wines.

European and Romanian wines did not say their final word on the world stage, concluded Professor Dr. Anton Caragea.

 The wine maker for COTNARI Hose of Wines-THE BEST WINEMAKER OF THE YEAR, Mr. George Malutan had inscribed in his wall of trophy’s the promotion of specific Romanian wines such as:  White Girl (Feteasca Albă) and Black Girl (Feteasca Neagră), Fat Lady of Cotnari (Grasa de Cotnari) benefiting by a unique aroma and taste and aromatized assortments such as: Romanian Incense (Tamaioasa Romaneasca) and Bohotin Basil (Busuioaca de Bohotin).

December 8, 2014 Posted by | BEST ROMANIAN WINE, Blackseanews Agency, COTNARI House of Wines, Diplomacy, DIPLOMATIC WINE, Eastern Europe, Ecology, Economy, European Council on Tourism and Trade, Informations, Institute of International Relations and Economic Cooperation, International Relation, Mass media, News, President Director General of Institute of International Relations and Economic Cooperation, Romanian economy | , , , , , , , , , , , , , , , , , , | Leave a comment

ROMANIA-EGYPT ECONOMIC COOPERATION AT THE CENTER OF BILATERAL DIALOGUE

On 28 of October 2014 the taking office, protocol meeting, between Prof. Dr. Anton Caragea, President General-Director of Institute of International Relations and Economic Cooperation and H.E. Dr. Alaa Elhadidi, Ambassador of  Republic of Egypt had taken place.

 

Egipt-Romania

Dialogue between Prof. Dr. Anton Caragea, President General-Director of Institute of International Relations and Economic Cooperation and H.E. Dr. Alaa Elhadidi, Ambassador of  Republic of Egypt.

 

Professor Dr. Anton Caragea express his amicable fillings and friendly interest towards the recent evolution`s in Egypt, evolution`s, that are consolidating Egypt`s economic development.

Egypt`s transition toward stability is witnessed with sympathy and interest in Romania, emphasized Prof.Dr. Anton Caragea.

Ambassador Dr. Alaa Elhadidi presented the latest achievements in bilateral relations and the vision for re-opening the economic cooperation, developing parliamentary dialogue and strengthening cultural relations and building new bridges of understanding between Romania and Egypt.

The parties had appreciated that: between Romanian and Egypt there are large areas of common interests, designed to forge a good understanding between the two nations and now it is an auspicious moment for reconstructing and rebuilding this framework of dialogue and friendship.

The dialogue had continued on concrete aspects and analyses of economic, political and cultural bilateral relations and on ways of fostering this dialogue on to the future.

The parties tabled economic cooperation projects in the areas of renewable energy, energy plant rehabilitation, agricultural storage construction, railroad restructuring, developing mass media and tourism connections etc.

The discussion led the foundations of continuing the dialogue and fostering the relations between Romania and Egypt.

November 9, 2014 Posted by | Foreign policy | , , , , , , , , , , , , , , , , , , , , | Leave a comment

ROMANIA-KAZAKHSTAN: A STRATEGIC FRIENDSHIP REASSERTED

On 27 October 2014, the taking office protocol meeting, between Prof.Dr.Anton Caragea, President Director-General of Institute of International Relations and Economic Cooperation and H.E. Daulet Batrashev, Ambassador of Republic of Kazakhstan, had taken place.

Ambassador Daulet Batrashev-Prof.dr.Anton Caragea

Prof.Dr.Anton Caragea, President Director-General of Institute of International Relations and Economic Cooperation and H.E. Daulet Batrashev, Ambassador of Republic of Kazakhstan.

 

In the beginning of the meeting Prof.Dr.Anton Caragea express his heartily congratulation, on the occasion of beginning of mandate of H.E. Daulet Batrashev, as the first Ambassador of Kazakhstan to Romania, a nomination that constitutes an  unmistakable sign of a successful strategic relation.

In his speech Professor Dr. Anton Caragea had appreciated that between Romania and Kazakhstan we are witnessing a large area of common interests such as: a strong and stable economic relation, that is making Kazakhstan the second strategic foreign investor in Romanian economy, an open, sustained and substantial political dialogue and a common sentiment of brotherhood. All this are elements that could serve as a bridge of good understanding between the two nations.

The Romania- Kazakhstan strategic friendship must be an example of constructing strong relations between Romania and Central Asia.

In the last decade, the bilateral dialogue with Kazakhstan was exceptional in amplitude, seriousness and efficacy and this bilateral long term commitment it  constitute an obligation for both of the countries to continue building this framework of dialogue and friendship.

H.E. Daulet Batrashev had expressed his appreciation for the encouragement`s offered by Prof. Dr. Anton Caragea and had stated that the vision of an economic, politic and cultural special relationship, between Romanian and Kazakhstan, is a mutual shared vision.

The bilateral agreements and initiatives, the support offered by Romania to the outstanding Kazakhstan Presidency of O.S.C.E. (Organization for Security and Cooperation in Europe), the Romanian vote in favor of Astana hosting World Expo 2017 and the grandiose celebration of the 20 years of diplomatic relations between the two countries, are all perfect landmarks of this special relationship, appreciated H.E. Daulet Batrashev.

The dialogue had continued on concrete aspects and analyses of economic, political and cultural bilateral relations and on ways of fostering and enriching this dialogue on to the future.

Concrete fallow-up actions where established as: creating a special press file dedicated to the National Day of Kazakhstan, broadcasting special documentaries about important personalities of historical significance for Kazakhstan, expanding cultural and educational cooperation, receiving an important parliamentarian delegation and fostering the dialogue in the diplomatic sphere.

An important item on the agenda was establishing a special conference to mark the 550 years of statehood of Kazakhstan, an important landmark for modern Kazakhstan and the parties agreed on a calendar of events destined to transform 2015 in the KAZAKHSTAN CELEBRATION YEAR IN ROMANIA.

The dialogue led the foundations of a successful diplomatic mandate and offered the solutions necessary to foster and develop the friendly relations between Romania and Kazakhstan and constitutes a promise to continue a successful direction on Romanian diplomatic action.

November 2, 2014 Posted by | Astana, Blackseanews Agency, Diplomacy, Eastern Europe, Ecology, Economy, History, Informations, Institute of International Relations and Economic Cooperation, International Relation, Kazakhstan, Leaders, Mass media, News, Nursultan Nazarbayev, Oriental Art, OSCE-Organisation for Security and Cooperation in Europe, Politics, Religion, Romanian economy, Romanian Foreign Policy, Tourism, WORLD EXPO 2017 | , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

CASA PANCIU (HOUSE OF PANCIU) ATTENDS THE 2014-NATIONAL SALON OF ROMANIAN WINE

On 24 October 2014 at the Palace Hall in Bucharest, the opening ceremony of National Salon of Romanian Wine has taken place.

 On this occasion Professor Dr. Anton Caragea-President General Director of Institute of International Relations and Economic Cooperation and Romanian Parliament leader of activity- Senator Ionel Agrigoroaei had opened the Venue and visited the stand of Casa Panciu (House of Panciu) the creator of Romanian Diplomatic Wine for 2014.

Casa Panciu-Romanian Diplomatic Partner

The representatives of CASA PANCIU (HOUSE OF PANCIU) are welcoming Professor Dr. Anton Caragea-IRICE General Director and Senator Ionel Agrigoroaei

 

 Casa Panciu had presented on the opening of National Wine Salon a selection of the best wines of 2014: the Muscat Ottonel sweet wine, which had conquered the public with his pungent aroma, fine pearled image and the apple and fruity dominated taste a wine nearing perfection and marked with 94 points out of 100 for the citrus flavor.

 Amongst other new wines presented where: the Rose Wine of House of Panciu that completed the initial success of the Rose Sparkling Wine, launched in the spring of 2014 and a preferred wine by the Italian tasters present at the venue: the white Cabernet Sauvignon, that conquered all hearts by his long  lasting aroma, fine taste and technological mastery.

 The Feteasca Neagra (Black Girly) by Casa Panciu was undoubtedly the Queen of the festivity. After it was highly noted at Vinitaly (Italian wine contest) in March 2014 and voted by the diplomatic committee in April 2014 at Good Wine, as the Best Red Wine in 2014, it catches the eyes of all the visitors and good wine lovers.

 Casa Panciu had presented the celebrated national wine ilk: Feteasca Neagra in two separate editions, one under the brand of Panciu Domains (Domeniile Panciu) and one under the name of Casa Panciu (House of Panciu) both united by a perfect mastery of the tannins, a perfect maturity potential that is promising a good evolution in the bottle and will offer full enjoyment to the consumers for many years to come.

 The guests present on the venue, crowded to taste the Muscat Ottonel Sparkling Wine, the Best Romanian Sparkling Wine for 2014, awarded by The Institute of International Relations and Economic Cooperation the title of Diplomatic Wine, the Romanian representative wine.

Professor Dr.Anton caragea and Senator Ionel Agrigoroaei visiting Economic Pavilion

Professor Dr. Anton Caragea-IRICE General Director and Senator Ionel Agrigoroaei are visiting the Economic High School official stand

 After touring the Casa Panciu stand, Professor Dr. Anton Caragea has continued his tour, making a stopover, to review the Economic and Food Industry High School Pavilion and in his quest for discovering and promoting the Romanian quality wines, has made an on the spot visit to the pavilion of Wine Research Institute from Pietroasa where had tasted the high quality wine made by researchers and university professors of the center.

President Anton Caragea and Senator ionel Agrigoroaei at Pietroasa Research Center

Professor Dr. Anton Caragea-IRICE General Director and Senator Ionel Agrigoroaei are congratulating the team of Wine Research Institute from Pietroasa

The unstinted offer comprised specific Romanian wine sorts like: Feteasca Neagra (Black Girly), Busuioaca de Bohotin, Feteasca Albă (White Girly),Feteasca Regala (Royal Girl) and the flag ship wine of the Research Station: Tamaioasa Romaneasca, a wine that conquered the public with his freshness, pregnant aroma, long lasting taste, fruity flavor encompassed in an exceptional wine, appraised at 93 points.

 The National Salon of Wine has proved the ever growing level of Romanian wine industry and of Romanian wine producers, perfect represented by the Casa Panciu-the creator of Romanian Diplomatic Wine, but also illustrated the potential of Romanian wine research network by the high level presence of the Wine Research Station of Pietroasele has concluded in his assessment of the  National Salon of Romanian Wine -October 2014, Professor Dr. Anton Caragea- President-General Director of Institute of International Relations and Economic Cooperation.

October 27, 2014 Posted by | BEST ROMANIAN WINE, Blackseanews Agency, Daniel Guzu, Diplomacy, DIPLOMATIC WINE, Economy, HOUSE OF PANCIU, Informations, Institute of International Relations and Economic Cooperation, Mass media, Tourism, Travel, Universities | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

CITY OF TARGOVISTE IS REGISTERED AS AN OBJECTIVE OF DISCOVER ROMANIA DIPLOMATIC TRIPS PROGRAM

In the period between 25 to 26 September 2014, at the invitation of local authorities, Professor Dr. Anton Caragea, Chairman of Institute of International Relations and Economic Cooperation (IRICE) and Senator Ionel Agrigoroaei, from the Economic Committee of Romanian Parliament had visited the Dambovita county in order to analyze the economic, tourist and investment opportunities of the region and to evaluate the inclusion of city of Targoviste in the diplomatic program of IRICE: Discover Romania!

Targoviste

During the visit where highlighted the enormous agricultural, industrial and economic opportunities of the Targoviste region.

The local authorities of the region, asked Professor Dr. Anton Caragea-IRICE Chairman to support the promotion and presentation of the regional opportunities in order to reshuffle the economic profile of Targoviste.

Targoviste1

In the last span of time, IRICE had organized diplomatic visits in areas such as: Bucovina, Maramures, Hunedoara-Hateg, Danube Delta etc. the visit having as visible economic results.

During his opportunity assessment visit, Professor Dr. Anton Caragea had visited landmark historical and cultural monuments of the region such as: Valahia University, Princes Palace of Targoviste, Chindiei Tower, Dealu Monastery etc.

Dambovita

The visit also encompasses assessments of economic centers of the region and mass media presentation and TV interviews at the main TV channels of the Dambovita region.

N.Ceausescu execution place

The place of execution of former Romanian leader Nicolae Ceausescu during Romanian 1989 Revolution 

In the concluding remarks of his visit, Professor Dr. Anton Caragea had assessed the regional potential as a powerful driving force for local development and underlined that the only chance for Targoviste is the development as cultural, academic and research center in the region, attracting foreign capital and investors interested in promoting research activities.

The city of Targoviste is an opportunity that cannot be overlook by diplomatic community, concluded the Chairman of Institute of International Relations and Economic Cooperation.

September 30, 2014 Posted by | Blackseanews Agency, Diplomacy, DISCOVER ROMANIA, Eastern Europe, Ecology, Economy, Informations, Institute of International Relations and Economic Cooperation, International Relation, Mass media, Romanian economy, Romanian Foreign Policy, Romanian Revolution, Travel, Turism, Universities | , , , , , , , , , , , , , , , , , , , , , | 3 Comments

ASTANA-CAPITAL OF THE FUTURE EXHIBITION EXPRESS ROMANIAN SUPPORT FOR KAZAKHSTAN CAPITAL HOSTING EXPO 2017

On 24 April 2012, in the luxurious surroundings of Palace of Geology, the Official Opening of the Exhibition ASTANA-CAPITAL OF THE FUTURE took place.

The exhibition organized by Embassy of Republic of Kazakhstan in Romania and Institute of International Relations and Economic Cooperation is destined to express Romania’s support for Astana candidature to host EXPO 2017 International exhibition.

The opening ceremony was held in the presence of Members of Romanian Parliament and Romanian Government, members of  Diplomatic Corp accredited to Romania and countless Romanian and foreign diplomat’s, academicians, personalities of culture and art etc.

Members of Romanian Parliament and Romanian Government, members of  Diplomatic Corp accredited to Romania and countless Romanian and foreign diplomat’s, academicians, personalities of culture and art attend ASTANA-CAPITAL OF THE FUTURE EXHIBITION

In the opening speech, Professor Dr. Anton Caragea, Director of Institute of International Relations and Economic Cooperation (IRICE) had underlined that ASTANA-CAPITAL OF THE FUTURE Exhibition is destined to offer the   official support of Parliament and Government of Romania to the bilateral strategic relationship between Romania and Kazakhstan   and for the candidature of city of Astana for EXPO 2017.

 ″Astana must be the host of EXPO 2017 as it is the most dynamic city in the Asia region in term of economic development and is the symbol of geopolitical shift towards Asia as the main engine of economic growth and also because Astana is enjoying political support and economic investments of 20 billions euro for holding EXPO 2017 in the best circumstances. Electing Astana is the practical thing to do, is the common sense and the most successful choice″, concluded Professor Dr. Anton Caragea.

Deputy Viorel Palasca, President of Romania-Kazakhstan Friendship Parliamentary Group

Taking the floor, Deputy Viorel Palasca, President of Romania-Kazakhstan Friendship Parliamentary Group   had conveyed Parliament support for Astana:  ″ I assure you of all our support, a traditional one I must add, for Astana receiving a new and deserved international recognition as the host of International EXPO 2017 in a new, dynamic, modern capital that is combining in an outstanding manner the architectural values and the creator spirit of inhabitants of republic of Kazakhstan ″.

Finally, the Deputy V. Palasca had address his warmest congratulations and appreciations for the effort in impeccable hosting and organizing this event to H.E. Talgat Kaliyev- Kazakhstan Charge d`affairs and to Professor Dr. Anton Caragea, IRICE Director.

Deputy Ahmet Aledin, Vice-Chairman of Parliamentary Commission for Culture

Deputy Ahmet Aledin, Vice-Chairman of Parliamentary Commission for Culture had express the general sense of unity among opposition and power alike in the Parliament in supporting the strategic relationship Romania-Kazakhstan.

Senator Trifon Belacurencu had express the Romanian Senate salute

Senator Trifon Belacurencu had express the Romanian Senate salute and support for the exhibition, testifying that the Romanian decision to support Astana as host of EXPO 2017 is just an episode in a long history of bilateral support and friendship.

Also he conveyed the Senate congratulation for peerless hosting and organizing this event to H.E. Talgat Kaliyev-Kazakhstan Charge d`affairs and to Professor Dr. Anton Caragea, IRICE Director.

The rest of the main dignitary’s present at the exhibition such as Sali Negiat- Secretary of State of Romanian Government, Professor Dr. Mircea Constantinescu, director of European Diplomacy Academy   had underlined the staunch support for Kazakhstan –Romanian friendship and support for Astana as host of EXPO 2017.

A special moment was the speech of Mayor Nicolae Ontanu, in thunderous applause, announcing that Astana is having a street named after in the heart of Bucharest.

Equally warm was received the letter signed by President of Cultural Committee Mrs. Raluca Turcan expressing his pledge in supporting all Kazakhstan initiatives in Romania.

Finally emotion overwhelmed H.E. Charge d`affairs of Kazakhstan Talgat Kaliyev took the stand and express his appreciation for the showered praises and feelings of support express toward his country. This solidarity and the desire of building an improved connection is a guarantee that the present day perfect political bilateral relation and economic investments of Kazakhstan in Romania of more than 3 billion dollars are just the beginning.

H.E. Charge d`affairs of Kazakhstan Talgat Kaliyev

In the end H.E. Talgat Kaliyev had presented a short movie about Astana preparations to host EXPO 2017 and stated that the EXPO 2017 in Astana will be a universally shared success.

The final moments of the ceremony where dedicated to a stroll along 20 huge photos of today’s Astana landmarks and then the guest had enjoyed a huge cake named in honour of Astana and patrimony champaign, made specially available for this event.

The Exhibition ASTANA-CAPITAL OF THE FUTURE was broadcasted by 6 Romanian televisions’ (TVR Cultural, TVR Info, TVR 1, National TV, N24 Plus and Travel Mix) and receives dozens of favourable reviews in the press supplementary emphasizing the strong impression left by Kazakhstan to Romanian public.

The Exhibition ASTANA-CAPITAL OF THE FUTURE, the most important cultural event hosted by Romania in 2012, remained opened between 23 and 27 of April 2012 receiving more than 18.000 visitors in this period of time, witnessing the powerful impression left by Astana to Romanian public.

Among the tens of diplomatic representatives present on the venue of the ASTANA CAPITAL OF THE FUTURE EXHIBITION we have selected a FEW but we say THANK YOU to ALL  dear friends:

Ambassador of Brasil H.E.  Raymundo Santos Rocha MAGNO

Ambassador of Iraq- BEST AMBASSADOR FOR 2011 H.E.Mohammed Saeed AL-SHAKARCHI  visits the ASTANA EXHIBITION

Turkmenistan Ambassador Representative among Ministry of Culture delegation

Ambassadors of Iraq H.E.Mohammed Saeed AL-SHAKARCHI and Malaezia H.E. Mohd Fareed ZAKARIA

 Eight dignitaries of Romania had come to pledge support for Romania-Kazakhstan strategic relation

H.E. Ambassador of Venezuela Mrs. Zulay Coromoto Prieto de Rodriguez

Ambassadors of Brasil , Chile and Venezuela

Ambassadors of Kazakhstan, Iraq and Venezuela are cutting the cake ASTANA

May 1, 2012 Posted by | Astana, Blackseanews Agency, Diplomacy, Eastern Europe, Ecology, Economy, Environment, European Council on International Relations, Foreign policy, History, Informations, Institute of International Relations and Economic Cooperation, International Relation, Islam, Kazahstan, Kazakhstan, Leaders, Mass media, News, Nursultan Nazarbayev, Open Letter, Oriental Art, OSCE-Organisation for Security and Cooperation in Europe, Politics, Romanian economy, Romanian Foreign Policy, Tourism, Travel, United Nations Global Compact, Universities | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments