Romania | 農藥百科
U.S.-RomaniaRelations...TheUnitedStatesestablisheddiplomaticrelationswithRomaniain1880followingRomania'sindependence,and2020sawthe140th ...
Following the 1989 revolution, Romania’s economy began a transition from state control to capitalism. The country worked to create a legal framework consistent with a market economy and investment promotion. Romania became a member of the European Union (EU) in 2007. In 1992, the United States and Romania signed a bilateral investment treaty (BIT), which came into force in 1994. In 2003, prior to Romania’s accession to the EU, the United States and Romania amended the BIT, which remains in effect. Romania attracts U.S. investors interested in accessing the European market, with relatively low costs and a well-educated, tech-savvy population being major draws. In Romania, major U.S. firms operate in the energy, manufacturing, information technology and telecommunications, services, and consumer products sectors. Top Romanian exports to the United States include machinery, vehicle parts, steel and metallic items, and ...