Romania has definitively won the international case concerning the Roșia Montană mining project, after the claims by Gabriel Resources, worth approximately 6.5 billion dollars, were fully rejected. Prime Minister Luca Niculescu announced the decision on Saturday and stated that the outcome confirms the Romanian state’s ability to defend its interests, national resources, and public funds, while honoring its commitments to bona fide investors.
The head of government described the arbitration ruling as an important victory for Romania and for protecting the environment and cultural heritage of Roșia Montană, a locality included in the UNESCO World Heritage List. The decision is final and binding, according to the Ministry of Finance.
The international dispute lasted 11 years, during which several governments, ministers, and institutional leaderships succeeded one another. The prime minister thanked the lawyers from the Leaua Damcali Deaconu Păunescu and LALIVE law firms, as well as the Ministry of Finance team and the other representatives of the institutions involved. He emphasized that the outcome was made possible through continuity, competence, and perseverance in defending Romania’s interests.
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