Foreign investors concerned, but staying

Foreign investors are not hiding their concern over the current political situation in Serbia. However, they are determined to continue doing business, according to the majority of public statements coming out over the last few days. Foreign investors concerned, but staying Serbia Investment and Export Promotion Agency (SIEPA) spokesman Aleksandar Miloradovic told Tanjug that, in his opinion, the current political situation was adversely affecting foreign investors' interest in Serbia. He explained that foreign investors could be divided into two groups - those who were already present on our market, and those who were not, but were very interested. The first, according to Miloradovic, are very concerned and are in the process of deciding whether to continue doing business here, or to look for an alternative location. Those who have not yet invested funds in Serbia are either postponing their decision, or giving up on the investment and are openly saying that the reason is the uncertain political situation. Such a situation in the long term could have unforeseeable repercussions for Serbia's economy, Miloradovic pointed out. However, Foreign Investment Council (FIC) President Stein-Erik Vellan recently voiced the opinion that the conditions exist in Serbia for long term stability, and announced that he would call on investors to consider Serbia when deciding on new investments. After a meeting with Serbian government representatives on Monday, Vellan held a meeting with foreign and domestic investors, voicing his satisfaction with the favorable message and guarantees offered by the government, pointing out that Serbia would become even more competitive in the coming years for new investments. A similar reaction came from U.S. Chamber of Commerce to Serbia President Dejan Cvetkovic, who welcomed the government's message of a stable and predictable investor environment, underlining that Serbia urgently needed to enter the European Union and attract direct foreign investment in order to improve the standard of living. Following a meeting with investors, Deputy Prime Minister Bozidar Djelic said that the government would ensure macro-economic stability, property security and dynamic economic growth, and would take tangible measures to remove the obstacles to investment.

Foreign investors concerned, but staying

Serbia Investment and Export Promotion Agency (SIEPA) spokesman Aleksandar Miloradović told Tanjug that, in his opinion, the current political situation was adversely affecting foreign investors' interest in Serbia.

He explained that foreign investors could be divided into two groups - those who were already present on our market, and those who were not, but were very interested.

The first, according to Miloradović, are very concerned and are in the process of deciding whether to continue doing business here, or to look for an alternative location.

Those who have not yet invested funds in Serbia are either postponing their decision, or giving up on the investment and are openly saying that the reason is the uncertain political situation.

Such a situation in the long term could have unforeseeable repercussions for Serbia's economy, Miloradović pointed out.

However, Foreign Investment Council (FIC) President Stein-Erik Vellan recently voiced the opinion that the conditions exist in Serbia for long term stability, and announced that he would call on investors to consider Serbia when deciding on new investments.

After a meeting with Serbian government representatives on Monday, Vellan held a meeting with foreign and domestic investors, voicing his satisfaction with the favorable message and guarantees offered by the government, pointing out that Serbia would become even more competitive in the coming years for new investments.

A similar reaction came from U.S. Chamber of Commerce to Serbia President Dejan Cvetković, who welcomed the government's message of a stable and predictable investor environment, underlining that Serbia urgently needed to enter the European Union and attract direct foreign investment in order to improve the standard of living.

Following a meeting with investors, Deputy Prime Minister Božidar Đelić said that the government would ensure macro-economic stability, property security and dynamic economic growth, and would take tangible measures to remove the obstacles to investment.