Q:
A:
Finance Minister Dinkic calls for improving business climate, strengthening judiciary
Ljubljana,
11 October 2004
Serbian Minister of Finance Mladjan Dinkic said that Serbia will attract nearly $890 million in foreign direct investment this year, down from some $1.4 billion in 2003.
Mladjan Dinkic
Attending a regional conference on capital markets and economic growth in Central Europe and the Balkans, Dinkic said that Serbia has just started developing its capital market, unlike countries in the European Union, which are already bringing their regulations up to European Commission standards.
The Minister also noted that the government is preparing fresh laws to encourage foreign investors, including a law on voluntary pension insurance and a law on investment funds.
Dinkic added that the parliament is due to adopt a law on public debt by the end of the year and announced changes and amendments to the law on securities.
Noting that the capital market is not the key to attracting foreign investors to Serbia at this stage of transition, Dinkic said that the country must first improve its business climate and strengthen the judiciary to eliminate main obstacles to attracting foreign investment.
The capital market has a strong impact on attracting foreign investment and developing the economy at advanced stages of transition, he explained.
The Minister also noted that the government is preparing fresh laws to encourage foreign investors, including a law on voluntary pension insurance and a law on investment funds.
Dinkic added that the parliament is due to adopt a law on public debt by the end of the year and announced changes and amendments to the law on securities.
Noting that the capital market is not the key to attracting foreign investors to Serbia at this stage of transition, Dinkic said that the country must first improve its business climate and strengthen the judiciary to eliminate main obstacles to attracting foreign investment.
The capital market has a strong impact on attracting foreign investment and developing the economy at advanced stages of transition, he explained.
-
Belgrade, 1 August 2025OSCE Mission’s support in implementation of Public Administration Reform Strategy
-
Belgrade, 31 July 2025Serbia, Mexico continue cooperation in several areas of common interest
-
Belgrade, 31 July 2025Key importance of UNMIK for protection of rights, safety of Serbs in Kosovo and Metohija
-
Belgrade/Addis Ababa, 31 July 2025Potential for improving cooperation with Ethiopia in field of agriculture
-
Belgrade/Addis Ababa, 30 July 2025Food systems transformation necessary to achieve 2030 Agenda goals
-
Belgrade/Cotonou/Porto-Novo, 29 July 2025Shared values foundation of future cooperation between Serbia, Benin
-
Belgrade, 29 July 2025Improving military cooperation between Serbia, United States
-
Belgrade/Addis Ababa, 29 July 2025Great importance of strengthening Serbia’s food systems
-
Belgrade, 28 July 2025Improving human resources management at local level
-
Belgrade/Porto-Novo/Cotonou, 28 July 2025Advancing cooperation with Benin at all levels