Dinkić: Serbia attractive for foreign investment

Economy Minister Mladjan Dinkic says Serbia will be the most attractive country for direct foreign investment in the next four years. Speaking at the Foreign Direct Investment Conference for South East Europe, which is under way in Belgrade, Dinkic based his assertions on the fact that Serbia would have a government that would “drive the country towards the EU.” Dinkic: Serbia attractive for foreign investment He said that Serbia could become an EU member by the end of 2012, before the end of the new government's mandate. The minister added that Serbia would have three prerequisites for attracting investment—political stability; it would not be an EU member, which would be an advantage over current members like Romania and Bulgaria; while the third condition was that it would undoubtedly be on a clear path to the Union. He said that the future government would have its work cut out because it was not possible to achieve social accountability without economic growth, adding that direct tax on investors would be reduced, output increased, unemployment cut, and progressive taxation measures introduced. Dinkic also said that “Serbia would continue to enjoy robust economic growth of seven percent a year in the next four years,” and reiterated that in the last two years, foreign direct investments in Serbia had amounted to USD 9bn. Mladjan Dinkic (FoNet, archive)

Dinkić: Serbia attractive for foreign investment

He said that Serbia could become an EU member by the end of 2012, before the end of the new government's mandate.

The minister added that Serbia would have three prerequisites for attracting investment—political stability; it would not be an EU member, which would be an advantage over current members like Romania and Bulgaria; while the third condition was that it would undoubtedly be on a clear path to the Union.

He said that the future government would have its work cut out because it was not possible to achieve social accountability without economic growth, adding that direct tax on investors would be reduced, output increased, unemployment cut, and progressive taxation measures introduced.

Dinkić also said that “Serbia would continue to enjoy robust economic growth of seven percent a year in the next four years,” and reiterated that in the last two years, foreign direct investments in Serbia had amounted to USD 9bn.