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UPDATED: 07:54, March 28, 2006
Romanian President calls for stronger trade ties with Shanghai
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Visiting Romanian President Traian Basescu on Monday called for stronger trade and economic cooperation between Romania and Shanghai.

"I hope Romania and Shanghai can step up trade and economic cooperation, particularly in fields of forestry, energy and textiles," Basescu told a Romanian-Shanghai trade and economic seminar.

At the invitation of Chinese President Hu Jintao, Basescu kicked off a three-day state visit to China on Monday morning, with his first leg in Shanghai.

In a meeting with Shanghai Mayor Han Zheng, Basescu said that the visit to Shanghai was aimed at seeking further cooperation in trade and investment.

Han briefed Basescu on Shanghai's economic and social development as well as the progress in Shanghai-Romanian trade ties.

Noting Shanghai has made remarkable achievements in economic development in recent years, Basescu said that Chinese entrepreneurs are welcomed to invest in Romania, especially in forestry, machinery, electric power.

Basescu will head for Beijing on Tuesday for meetings with senior Chinese leaders, including President Hu Jintao. They will discuss how to promote all-round China-Romania friendly cooperation and exchange views on international and regional issues of common concern.

Some cooperative documents are expected to be signed during Basescu's visit.

Basescu will also attend a Chinese-Romanian Economic Forum before wrapping up his China tour on Wednesday.

Source: Xinhua

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