Regional Investment Reform Agenda endorsed
The goal of the RIRA is greater harmonization of WB6 investment policies with the European Union (EU) standards and international best practices, within the framework of the SEE 2020 Strategy, Central European Free Trade Agreement (CEFTA) and EU pre-accession and accession processes.
The ministerial meeting that gathered regional Ministers, Assistant Ministers of Economy as well as senior officials in charge of investment portfolios from the region, was co-organized by the Ministry of Economy of Montenegro and the Regional Cooperation Council
Dragica Sekulic, Minister of Economy of Montenegro, addressed the meeting as the host, expressing satisfaction over finalization of this major step in implementation of the Multiannual Action Plan on Regional Economic Area (MAP REA), adopted by the region’s Prime Ministers at the WB6 Summit in Trieste last July.
– This document sets grounds for serious work on the investment reform agenda of individual WB economies but also put the region in a competitive and investment-friendly perspective, thus enabling the region to become attractive investment destination but also gives individual economies opportunity to utilize comparative advantages of this process – Sekulic said.
Gazmend Turdiu, Deputy Secretary General of the Regional Cooperation Council (RCC), said that “this is a process, and we are all together the owners of it. This ownership includes responsibility and that is why we need to maintain strong coordination of our capacities and resources so that we can successfully address the challenges ahead of us”.
The RIRA will be forwarded to presentation, consideration and approval of the region’s Prime Ministers at the occasions of the upcoming WB6 Summits in Sofia and London, taking place on May 17 and July 10, respectively.
The meeting participants recognized the leading role of the SEEIC-CEFTA Joint Working Group on Investments as the main regional platform for implementation of measures stipulated by the MAP REA pillar on investments, the RCC announced.
Most Important News
11.03.2024. | Healthcare
Are Marketing Experts Reading Our Minds? – eKapija Investigates: What Neuromarketing Is and How Much It Is Used in Serbia
11.03.2024. | Construction, Transport
Tender for Continuation of Construction of Patrijarha Pavla Blvd Stopped – Contractors Demanding Price Higher Than Estimated
11.03.2024. | Construction, Transport
11.03.2024. | Construction, IT, Telecommunications
Auction for 5G Network by End-Year, Minister Announces
11.03.2024. | Construction, IT, Telecommunications
27.03.2024. | Industry, Transport, Finance
City to Waive Over 30 Zemun and Palilula Bus Lines to Private Transporters – Draft Public-Private Partnership for 10-Year Period Ready, Job Worth Half a Billion Euros
27.03.2024. | Industry, Transport, Finance
17.01.2024. | Industry, Healthcare
Ceremony of Opening of Centers of Excellence in Kragujevac Planned for Spring – Official Beginning of Operations in June
17.01.2024. | Industry, Healthcare
26.03.2024. | Finance
Miodrag Kostic’s Company Agri Europe Cyprus Wants to Buy 17% in Addiko Bank
26.03.2024. | Finance