Deep Black Sea Gas Will Be Bulgaria’s Cheapest, State to Benefit from Concessions
Bulgaria has taken a significant step toward exploring its deep-sea energy potential
Romanian and US presidents - Klaus Iohannis and Donald Trump, endorsed a joint statement last night at the White House, in which, among other things, the US stressed its support for Romania's efforts to enter the visa waiver program for Romanian citizens, BTA reported.
The declaration states that the Romanian and US military are working side by side to protect freedom and strengthen defense capabilities in NATO's eastern flank, including in the Black Sea, which is of strategic importance for transatlantic security.
Presidents also say they are looking for ways to avoid the security risks that accompany Chinese investment in 5G telecommunications networks.
Romania and the US recognize that energy security is a national security. Both sides emphasize their opposition to the Nord Stream 2 gas pipeline for the transmission of Russian gas to Germany along the Baltic Sea and other projects that make their allies and partners energy dependent on Russia.
"Romania's natural gas sources have the potential to increase the prosperity of our countries and to enhance Europe's energy security," the statement said.
Romania and the US will analyze ways to improve the investment climate in the energy sector, to the benefit of both countries. The document states that close cooperation between the two industries is encouraged in support of Romania's civilian nuclear energy targets.
The declaration further notes that Romania's excellent partnership with the US in the area of law enforcement and the fight against corruption is firmly based on a mutual commitment to the rule of law and independent justice, which are strongly supported by the Romanian people.
Romania and the US pledge to further strengthen trade relations with each other and encourage increased investment in both countries, the document said.
At the start of the White House meeting, President Donald Trump said the United States was ready to discuss with Romania the possibility of enhancing US military presence in the country.
The Romanian Missile Defense System is located in Romania on the territory of Romania. The Bucharest authorities recently announced the establishment of a permanent US military base in Romania, TASS recalls, quoted by BNR.
Boyko Borissov, former Prime Minister and current leader of the ruling GERB party, emphasized Bulgaria’s long-standing experience and skilled workforce in the defense sector
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The first Bulgarian F-16 Block 70 multi-role fighter jet
Bulgaria continues its military modernization efforts, now surpassing NATO’s 2% defense spending target by dedicating 3% of its GDP to defense
The Bulgarian Ministry of Defense has announced 32 open positions in a military formation located in Bankya
Russia continues to pose the most serious and immediate threat to NATO and the European Union, according to the 2024 Report on the Status of the Defense and Armed Forces of the Republic of Bulgaria
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