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Commission Report 2002 (Romania)

Chapter 15: Industrial policy

A number of new measures have been taken to improve the access of enterprises (particularly SMEs) to investment finance including the establishment of the National Credit Guarantee Fund. The strategic document ``Industrial Policy of Romania'' and the corresponding Action Plan represent a market-oriented competitiveness strategy including sectoral restructuring programmes. Implementation measures have mainly focused on improving the business environment, attracting foreign investment and accelerating the privatisation process. The Accession Partnership priorities in the area of industrial policy have largely been met.

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