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The Government of the Republic of Serbia

In the service of citizens

Business environment in Serbia extremely good

Belgrade / London, 28 February 2022

Prime Minister Ana Brnabic participated today in the Investment Summit on the Western Balkans, held in London, organised by the European Bank for Reconstruction and Development.

At the panel, Brnabic pointed out that European integration and regional cooperation are the most important priorities of Serbia, adding that the Open Balkans Initiative is a key regional project for Serbia that will contribute to the development of the entire Western Balkans.

In the context of that initiative and regional cooperation, she singled out three key areas: transport connections, i.e., development of railway and road infrastructure, energy stability and diversification of supply sources and cooperation in the field of environmental protection.

The Prime Minister sent an invitation to foreign investors to invest in Serbia and said that, according to various international reports, the business environment in Serbia is extremely good.

EBRD President Odile Renaud-Basso said that the Western Balkans region has great potential and that investors should invest in it, calling on everyone to work on further improving the business environment.

According to her, the EBRD will continue to support projects in the field of green transition and digital transformation.

EU Commissioner for Neighbourhood and Enlargement Oliver Varhelyi also addressed the participants of the summit, pointing out that the stability and security of the Western Balkans are more important today than ever, as well as the need to work together to enlarge the Union.