Q:
A:
All reforms aim to make Serbia a good place to live
Belgrade,
30 June 2005
Serbian Minister for International Economic Relations Milan Parivodic said today that the aim of all reforms is to make Serbia a state in which people have jobs and a decent standard of living.
Author:
FoNet
At a conference themed “Economic Potential of Serbia – Local and Regional Development”, Parivodic expressed belief that Serbia can become an economic power in the Balkans, which can be accomplished if the people are hard-working and diligent.
He said that the Serbian market is “open and profitable” and that this increases foreign investors’ interest, thus it is Serbia’s task to raise their interest and make them invest.
The Minister stressed that it is important to have good roads and a developed telecommunication technology in order to make Serbia a quality investment target. Investors must also be offered quality building land and the process of issuing building licences must be accelerated, he added.
In order to attract foreign investors, Serbia must improve coordination of its public sector and the economy and its central and local authorities.
Parivodic pointed out that Serbia has relatively good laws, which are still in the process of transformation. However, the judiciary and the implementation of laws, especially the criminal and civil laws, are both slow.
Special Coordinator of the Stability Pact for South Eastern Europe Erhard Busek said that the investment climate in the region is improving, but reforms must not be slow-going. A lasting solution for the union of Serbia and Montenegro must be found, as well as for Kosovo-Metohija, because these problems are holding back the entire region, he added.
Busek pointed out that there are big opportunities for the economy and business development in the region and potential investments could reach €16 billion by 2016.
He said that the Serbian market is “open and profitable” and that this increases foreign investors’ interest, thus it is Serbia’s task to raise their interest and make them invest.
The Minister stressed that it is important to have good roads and a developed telecommunication technology in order to make Serbia a quality investment target. Investors must also be offered quality building land and the process of issuing building licences must be accelerated, he added.
In order to attract foreign investors, Serbia must improve coordination of its public sector and the economy and its central and local authorities.
Parivodic pointed out that Serbia has relatively good laws, which are still in the process of transformation. However, the judiciary and the implementation of laws, especially the criminal and civil laws, are both slow.
Special Coordinator of the Stability Pact for South Eastern Europe Erhard Busek said that the investment climate in the region is improving, but reforms must not be slow-going. A lasting solution for the union of Serbia and Montenegro must be found, as well as for Kosovo-Metohija, because these problems are holding back the entire region, he added.
Busek pointed out that there are big opportunities for the economy and business development in the region and potential investments could reach €16 billion by 2016.
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