U.S. ambassador on Philip Morris and CEFTA

Michael Polt says the U.S. tobacco giant is concerned with the changes in the business conditions CEFTA brings along.

Izvor: Beta

Monday, 19.02.2007.

14:37

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U.S. ambassador on Philip Morris and CEFTA

“Should the government fail to react, foreign investors will get the impression that doing business in Serbia is unpredictable. Serbian government is thereby put to the test to prove the opposite”, Michael Polt told the Business magazine.

The U.S. ambassador stressed that he had met with the Philip Morris International representatives and discussed the problems they might face following the cancellation of customs duties on tobacco, as envisaged by CEFTA.

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