Chamber of Commerce President about allegations regarding the involvement of multinationals in protests: They were out of line


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The President of the Chamber of Commerce and Industry (CCI) of Romania, Mihai Daraban, said on Wednesday, during a news conference in Bistrita, that the accusations regarding a potential involvement of the multinational companies in the protests that took place this month in the country were ‘out of the line’.

“I believe they were out of line. There were some discussions, especially at the foreign chambers of commerce in Romania, but I thought it was not the time for us to interfere too. What is a clear is that Romania’s image abroad is not the way we would like it to be, after the events that took place,” Daraban said.

The CCI President underlined the contribution of the multinationals to the domestic economy, giving as example the situation of the first one hundred exporters, of which only three are Romanian companies, which produce almost half of the total exports volume.

“We must be realistic and recognize the role of foreign companies in Romania. If we do not recognize it and if ever we think a witch could come and take the foreign capital away from Romania, I can tell you that we can put the keys in the nail and go away. Look at the export structure in Romania and see some figures that speak for themselves, because I saw during the election campaign some strange attacks against the foreign capital, which, frankly, I do not want. I want us to have a legal framework, this prevention law, which they say will be finalized, it is likely to be the first step to protect the domestic capital,” Daraban added.

As regards the taxation of profits for multinationals in the country where it was made, Mihai Daraban believes that it is a “very sensitive issue” and that the expenses incurred by multinationals in relation to domestic companies in terms of labour costs, employment, the  taxes paid, even employees’ training costs should be considered.

Mihai Daraban attended on Wednesday, in Bistrita, a meeting of several chambers of commerce in the country during which issues related to the professional training of adults, dual tuition and funding programmes were discussed.

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