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Action plan for removing administrative obstacles to foreign investment adopted
Belgrade,
28 May 2004
The Serbian Minister of International Economic Relations, in charge of foreign investment operations in Serbia, prepared an Action plan for removing administrative obstacles to foreign investment, which was adopted by the Serbian government yesterday. The Plan was prepared on the basis of the analyses by the Ministry, the World Bank and the Council of Foreign Investors in Serbia-Montenegro.
As stated by the Ministry, the goal of the Action Plan is to define measures which the Serbian governments is to take in next 12 months in order to improve foreign investment climate. The document will be updated and amended at least once a year. The measures proposed are complementary with the measures for export promotion adopted by the Serbian government on May 6.
The Action plan is divided into four parts: founding of enterprises with foreign deposit, infrastructure development, the work of enterprises and other system measures, reform of state administration and reform of judiciary.
In order to monitor the Action plan's implementation, the government will set up a commission comprising representatives of proper ministries and institutions, and led by the Serbian Ministry of International Economic Relations.
The Action plan is divided into four parts: founding of enterprises with foreign deposit, infrastructure development, the work of enterprises and other system measures, reform of state administration and reform of judiciary.
In order to monitor the Action plan's implementation, the government will set up a commission comprising representatives of proper ministries and institutions, and led by the Serbian Ministry of International Economic Relations.
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