PM: Improving investor climate is key

The government will seek to improve the climate for foreign investors, says Prime Minister Mirko Cvetković.

Izvor: Tanjug

Wednesday, 10.09.2008.

13:27

Default images

The government will seek to improve the climate for foreign investors, says Prime Minister Mirko Cvetkovic. In an opening speech at today’s promotion of the White Book for 2008, presented by the Legal Investors' Council, Cvetkovic said that the government would strive for European integration, boost its economic cooperation with the Russian Federation, build the best possible infrastructure, and streamline its regulations. PM: Improving investor climate is key The prime minister said that a government should be judged by the results of its work and not by the promises it had made, adding that in the last two months, the first results had already become visible. He pointed out that parliament had ratified the Stabilization and Association Agreement (SAA) in parliament, and that he expected the interim trade agreement with the EU to be unblocked next week. Parliament also ratified the energy agreement with Russia which would enable investment in that sector to the tune of several hundred euros per year, not just in the Serbian Oil Industry (NIS), but also in the construction of a pipeline and accompanying facilities throughout the country, underlined Cvetkovic. The prime minister said that talks with Fiat were drawing to a close, and that this investment could also be measured in hundreds of millions of euros. According to him, building infrastructure was a priority in the government's work, since poor infrastructure represented an obstacle to foreign investment. “This government has to finalize the construction of Corridor 10 and the accompanying railway line,” Cvetkovic stressed. President of the Foreign Investors' Council (FIC) Stein Erik Vellan said that the association had about 120 members and approximately 60,000 staff, and that since 2002, it had invested about USD 14bn in the Serbian economy. Mirko Cvetkovic (Tanjug, archive)

PM: Improving investor climate is key

The prime minister said that a government should be judged by the results of its work and not by the promises it had made, adding that in the last two months, the first results had already become visible.

He pointed out that parliament had ratified the Stabilization and Association Agreement (SAA) in parliament, and that he expected the interim trade agreement with the EU to be unblocked next week.

Parliament also ratified the energy agreement with Russia which would enable investment in that sector to the tune of several hundred euros per year, not just in the Serbian Oil Industry (NIS), but also in the construction of a pipeline and accompanying facilities throughout the country, underlined Cvetković.

The prime minister said that talks with Fiat were drawing to a close, and that this investment could also be measured in hundreds of millions of euros.

According to him, building infrastructure was a priority in the government's work, since poor infrastructure represented an obstacle to foreign investment.

“This government has to finalize the construction of Corridor 10 and the accompanying railway line,” Cvetković stressed.

President of the Foreign Investors' Council (FIC) Stein Erik Vellan said that the association had about 120 members and approximately 60,000 staff, and that since 2002, it had invested about USD 14bn in the Serbian economy.

Komentari 0

0 Komentari

Možda vas zanima

Podeli: