According to Baconschi, a memorandum to this end is currently analyzed by the Government. He added Romania wants to grant five-year instead of three-year visas to Turkish citizens.

“We will present the exact procedures at the beginning of next month,” the minister said.

Baconschi, who participated in Turkey in the annual meeting of Turkish ambassadors, said Romania and Turkey are working together on an action plan to apply the strategic partnership signed recently by Romanian President Traian Basescu and his Turkish counterpart, Abdullah Gul.

The strategic partnership, signed on December 12 during Basescu’s two-day visit to Turkey, targets cooperation between the two countries in the economic, military, and energy sectors, and the fight against terrorism.

During the visit, Basescu told an interview for Turkish daily Today’s Zaman that Romania is looking into easing visa procedures to grant five-year visas to Turkish investors.

The Romanian head of state praised Turkish investors who are active on the Romanian market in fields such as trade, agriculture, tourism and healthcare, as well as in the banking sector, reported the Turkish daily.

The Romanian market has a great potential, said the president. This is why Romania encourages Turkish investors to explore the opportunities it offers, he added.