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August 2, 2021
Monday, August 2, 2021

Romania’s PM Ludovic & Israel’s PM Netanyahu Announce Expansion of Trade

PM Ludovic & PM Netanyahu announced a new agreement that will increase trade between Israel & Romania; Netanyahu: The most important thing today is that our companies are working on innovation…This is why we signed a treaty to prevent double taxation and prevent tax evasion.


Romanian Prime Minister Ludovic Orban met with Israeli Prime Minister Benjamin Netanyahu in Jerusalem this week to discuss increased trade between the two countries. They even signed a new treaty to make it official.

Prior to arriving in Israel, the Romanian PM said, “It is an official visit that aims to deepen the relations between the state of Israel and Romania, to identify new ways to improve relations, to increase trade, to support each other’s investments, to collaborate on extremely important areas.”

Following their meeting together, Netanyahu stated, “Israel and Romania cooperate in many areas: cybersecurity, water management, health and agriculture. The most important thing today is that our companies are working on innovation…This is why we signed a treaty to prevent double taxation and prevent tax evasion.”

Ludovic also voiced his desire to strengthen his country’s defense and security ties with the Jewish State, who is second to none in the Middle East. He would go on to meet with Israeli President Reuven Rivlin, who thanked him for his nation’s tough stance on antisemitism.

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