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Serbia keeps improving conditions for attracting foreign investors
Belgrade,
2 November 2005
Serbian Minister of International Economic Relations Milan Parivodic said that Serbia is constantly improving conditions for attracting foreign investors.
At the fourth international conference of the Belgrade Stock Market, Parivodic invited foreign investors to come and invest in Serbia since it is an opportune moment for investments.
He announced that in the next three months, the law on entrepreneurship will be adopted and the Belgrade Stock Market will become the pillar and instrument of the financial market not only in Serbia but also in the Balkans. Because of its central position and other advantages, Belgrade should become the financial centre of the Balkans, he added.
The Serbian government has done its best to improve legal regulations and secure the safety of investments in Serbia, Parivodic stressed and added that he is personally heading the commission for improving conditions for foreign investments.
Parivodic voiced hope that Serbia will soon upgrade its legal system and the economic environment so as to attract foreign investors, adding that the country already has an up-to-date Law on Enterprises, modelled on the laws of developed countries worldwide. This legal framework can serve as a sound base for the development of joint stock companies in Serbia, said Parivodic.
“Huge infrastructure projects are either being planned or are already underway in our country, and they can be best implemented through joint stock companies”, he pointed out and added that the Belgrade Stock Market is the essential instrument for accumulation of capital.
He announced that in the next three months, the law on entrepreneurship will be adopted and the Belgrade Stock Market will become the pillar and instrument of the financial market not only in Serbia but also in the Balkans. Because of its central position and other advantages, Belgrade should become the financial centre of the Balkans, he added.
The Serbian government has done its best to improve legal regulations and secure the safety of investments in Serbia, Parivodic stressed and added that he is personally heading the commission for improving conditions for foreign investments.
Parivodic voiced hope that Serbia will soon upgrade its legal system and the economic environment so as to attract foreign investors, adding that the country already has an up-to-date Law on Enterprises, modelled on the laws of developed countries worldwide. This legal framework can serve as a sound base for the development of joint stock companies in Serbia, said Parivodic.
“Huge infrastructure projects are either being planned or are already underway in our country, and they can be best implemented through joint stock companies”, he pointed out and added that the Belgrade Stock Market is the essential instrument for accumulation of capital.
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