Romania, with a population of approximately 19 million (2023), is a dynamic country located in Southeastern Europe known for its rich cultural heritage and diverse landscape. The Romanian economy is characterized by a mix of services, manufacturing, and agriculture. The services sector, particularly in information technology, telecommunications, and tourism, plays a crucial role in driving economic growth, attracting visitors to its historic cities and scenic regions. Manufacturing is also significant, with key industries including automotive, textiles, and machinery contributing to exports. With a GDP estimated at around $300 billion and a per capita income of approximately $15,000 (2023), Romania is focused on increasing its global competitiveness and attracting foreign investment. Its strategic location at the crossroads of Europe enhances trade opportunities with both Eastern and Western markets.   

The Romanian government and business community can collaborate with the World Business Council to promote sustainable industrial practices, enhance technological innovation, and strengthen international trade relationships for comprehensive economic development.