Romania Seeks Controlling Stake in Moldova's Giurgiulesti Port

The Romanian government on August 28 approved the start of negotiations with the European Bank for Reconstruction and Development (EBRD) for the purchase of a major stake in Moldova's Danube River port of Giurgiulesti. The port, located near Moldova's borders with Romania and Ukraine, is 134 kilometers from the Black Sea and can be accessed by river and sea vessels. Two different port infrastructure entities operate in Giurgiulesti -- Giurgiulesti State Port and Giurgiulesti International Free Port. The Moldovan government said on August 28 that…