Economic

Diplomacy
Presented by Belita Ionela Georgiana
EAI – Eng
3-rd year
 Definition AIM OF ECONOMIC DIPLOMACY

Economic diplomacy is the use of the

economic tools of a state to achieve
its national interests. Economic
diplomacy not only promotes the state’s
prosperity but also, as occasion demands •policy decisions • is concerned •also monitor and
and opportunity permits, manipulates its designed to with economic report on economic
foreign commercial and financial influence exports, im policy issues, e.g. policies in foreign
ports, investments, work of delegations countries and give
relations in support of its foreign policy.
lending, aid, free at standard setting the home
Accordingly, economic diplomacy is a trade agreements, organizations such government advice
etc. as World Trade on how to best
major theme of the external relations of
Organization . influence them.
virtually all countries. Economic diplomacy
Current trends include increasing collaboration between state and
connects closely with political, public and
non-official agencies, and increased importance given to WTO
other segments of diplomatic work. issues, the negotiation of free trade and preferential trade
agreements, and accords covering investments, double taxation
avoidance, financial services and the like. Abroad, embassies, 2

consulates, and trade offices handle economic diplomacy. The

main focus is on promotion, to attract foreign business,
investments, technology and tourists.
 APPLYING AND PROTECTNG THE

Functions of
REPRESENTATION IMPLEMENTING THE INTEREST OF THE
FOREIGN POLICY OF STATES AND ITS
THE STATE CITIZENS

economic
diplomacy

NEGOTIATION OBSERVATION AND PROTECTING THE

INFORMATION RELATIONS
BETWEEN STATES 3

The Ministry of Foreign
Affairs –
is the institution of central public
administration which
implements the foreign policy of
Romania, in accordance with the
legislation in force and with the
Government’s Program.
For that purpose the Ministry
works closely with other
government institutions, with
representatives of the civil
society, the business community,
the cultural and academic
institutions.
The main objectives of the Ministry:
• deepening the participation of the Romanian State in the
European Union and consolidating Romania’s political,
economic, social and cultural profile in the overall European
construction;
• developing relations with Romania’s neighbour countries, its
strategic partners, especially the United States and the other
Euro-Atlantic partners, as well as countries in other geographical
areas;
• acting as a firm and loyal Ally within the North Atlantic Treaty
Organization, the central pillar of Romania’s security and
defence policy and of the transatlantic relationship;
• actively participating in various forms of multilateral cooperation
and promoting the interests of the Romanian State in
international organizations with a universal vocation, in regional
organisations as well as in other fora;
• supporting and protecting the interests of Romanian citizens
abroad by fulfilling all the tasks of the consular service and
assisting Romanians living beyond the borders
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The responsibilities of the Ministry include:

•implementing the strategic guidelines of Romania’s foreign policy;
•elaborating the action plan for the implementation of the Government Program, as
reflected in its foreign policy chapter;
•contributing to the creation of the legal and institutional framework that governs the
carrying out of strategic objectives in its field of activity;
•representing the Romanian State in relation with foreign governments and in
international organizations;
•running the diplomatic service in the headquarters, diplomatic missions and consular
offices;
ROMANIAN MISIONS: EMBASSYIES AND CONSULATES ALL OVER THE WORLD

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STRUCTURE OF THE BUDGET OF MAE

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 European External Action Service (EEAS)
Role: Manages the EU's diplomatic relations with other
countries outside the bloc and conducts EU foreign &
security policy
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High Representative for Foreign Affairs & Security Policy:
Federica Mogherini
Established in: 2011
Location: Brussels (Belgium)

The European External Action Service (EEAS) is the EU's diplomatic service. It aims to make EU foreign policy more
coherent and effective, thus increasing Europe's global influence.
Composition
The European External Action Service is led by the EU foreign affairs chief – or High
Representative for Foreign Affairs & Security Policy. It is composed of:
in Brussels – expert staff transferred from the Council of the EU, the European
Commission and EU countries' diplomatic services
worldwide – a network of EU "embassies" (delegations)
 Supports the EU High Representative in conducting EU
What does foreign and security policy
Manages diplomatic relations & strategic partnerships with
the EEAS non-EU countries
Works with the national diplomatic services of EU countries,
do? the UN and other leading powers.

Practical •Peace building – through political, economic and

practical support
examples •Ensuring security – under the Common Security &

include:
Defence Policy
•Maintaining good relations with the EU's immediate
neighbours through the European Neighbourhood
Policy
•Development and humanitarian aid and crisis
response
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Tackling climate change and human rights issues
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