The Romanian automobile brand, Dacia, is part of French group Renault.
“We want to maintain a large French investment in Romania, which is very important to us, and both sides want to avoid protectionism,” said Diaconescu after a meeting with his French counterpart, Bernard Kouchner, according to AFP.
“Cristian Diaconescu talked about economic and commercial procedures that will help us pass the economic crisis, which are favourable to the major investors and companies in the two countries. He also expressed the desire that Romania and France could also coordinate efforts against the economic crisis. We are blamed about being closed out, but on the contrary, it’s just that we have difficulties which are not the same in France and in Romania,” said Kouchner.
Paris has caused irritation with the European Commission and with its European partners, such as the Czech Republic and Slovakia, after announcing six billion euro loans with preferential interest for two of its national manufacturers, Renault and PSA Peugeot Citroën, in exchange for commitments on maintaining production in France.
France is the third large foreign investor in Romania, with 11 percent in total, according to figures from the French Ministry of Foreign Affairs.
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