Cut VAT, backing Romanian products promotion for export being examined by specialists

The cut value-added tax (VAT) on meat and meat products, cutting red tape and backing the food industry in order to promote the Romanian products in the foreign markets were some of the topics 'passionately' debated and examined by the Romanian authorities and business environment during a two-day seminar that ended on Thursday and that was totally dedicated to this sector conducting 3.5 billion euros in annual businesses.

The authorities' representatives support the orientation of the Romanian producers in the agri-foodstuffs sector towards the integration of the production, the more so since the Agriculture Ministry has introduced this concept in the new National Rural Development Programme and the beneficiaries who are making efforts with a view to switching to market production and setting up processing centres will only stand to gain.

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