American-Romanian Business Council Launched at NATO Summit

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Council will advance commercial relations between the United States and Romania.

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The American-Romanian Business Council has announced its creation as a non-profit organization formed to promote commercial relations between the United States and Romania. During the NATO Summit in Chicago this past weekend, Romanian President Traian Basescu, Ian MacDonald, Vice-President of Chevron Business Development in Europe and American-Romanian (AMRO) Business Council President Eric Stewart, met to discuss American-Romanian associations and kickoff the AMRO Business Council.

"I welcome the establishment of the American-Romanian Business Council and believe that it will stimulate U.S. investment in Romania and promote the Romanian business and political environment across the United States," said President Traian Basescu of Romania.

The Council will serve to enhance trade and investment between the two countries, advance the American-Romanian bilateral relationship, and educate the public about its importance. The American-Romanian Business Council will ensure American executives and key Romanian and U.S. Government decision makers have a forum to advocate for further trade and investment opportunities in Romania and amicably resolve issues that might prevent future growth in our commercial relationship.

“Romania is undeniably one of America's closest allies anywhere in the world,” said Eric Stewart, President of the American-Romanian Business Council. “In conjunction with diplomatic initiatives, the investments being made in Romania by American companies will assist to ensure our tremendous bond with Romania will never be broken.”

“As a company committed to a long-term partnership to help Romania develop its energy resource potential, Chevron is proud to serve as the first chair of the American-Romanian Business Council to continue to expand US-Romanian commercial relationships,” said Ian MacDonald, Vice-President of Chevron Business Development in Europe.

The Council’s other board members are ADM serving as vice chair, Raytheon serving as treasurer, Smithfield Foods serving as secretary, Amgen, MetLife, and The Mega Company. General Members include Cargill, Eli Lilly, ExxonMobil, PHRMA, and Timken.

The United States and Romania have a strong history of business, political, and military ties. The two countries recently celebrated more than 130 years of diplomatic relations and have worked side-by-side to fight terrorism, build democracy, and promote free market opportunities. The Council will carry on this longstanding tradition, enabling the two countries to foster the private sector, support trade and commerce, and strengthen the people-to-people connections that encourage the continuation of the countries’ deep bonds.

For more information on the Council and Council sponsored events including policy conferences, briefing sessions and major events featuring senior U.S. and Romanian officials, academics and business leaders please visit http://www.amrobiz.org/.

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The American Romanian Business Council is a Washington, DC based non-profit organization that promotes commercial relations between the United States and Romania. The mission of the Council is to enhance American-Romanian trade and investment, advance the American-Romanian bilateral relationship, and educate the public about its importance. As the leading business association in the United States focused on Romania, the Council ensures that American executives and key Romanian and U.S. Government decision makers have a forum to advocate for further trade and investment opportunities in Romania and amicably resolve issues that might prevent future growth in our commercial relationship. To carry out its mission, the American-Romanian Business Council will sponsor policy conferences, briefing sessions and major events featuring senior U.S. and Romanian officials, academics and business leaders.

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Eric Stewart
The American Romanian Business Council
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