Sitemap

Foreign Investors Council Presented The White Book 2021

CorD Recommends

Andrej Plenković Re-Elected as HDZ Leader with Overwhelming Majority

Andrej Plenković has secured another term as...

Serbia and Egypt Sign Landmark Free Trade Agreement

In a significant move to bolster economic...

United States Adds $18 Million In New Funds To Development Partnership With Serbia

Today, the United States Government, through the...

Serbia and Japan Begin Talks on Investment Agreement

Serbian Foreign Minister Marko Đurić and Japanese Foreign Minister Yoko Kamikawa have agreed to commence negotiations on an Investment...

Ursula von der Leyen Secures Second Term as European Commission President

Ursula von der Leyen has been re-elected for a second five-year term as President of the European Commission, the...

US Ambassador Hill Visits Serbia’s First Dual Renewable Energy Heating Plant

US Ambassador to Serbia, Christopher Hill, recently visited the Pemci 1 heating plant in Kladovo, which has become the...

Italy’s Population of Nonagenarians Set to Surge

The number of Italians aged 90 and over is expected to reach one million in the next three years,...

Paris Mayor Swims in the Seine to Demonstrate River’s Cleanliness Ahead of Olympics

Paris Mayor Anne Hidalgo has made a splash by swimming in the Seine to showcase the river's cleanliness ahead...

The Foreign Investors Council presented the White Book 2021 to the highest Government officials and marked its 19th anniversary. The presentation of this year’s edition was attended by numerous representatives of state bodies, embassies, as well as the stakeholder community.

The White Book, written by FIC members, is the major product by which, for almost two decades, FIC gives recommendations aimed at supporting economic growth and better living standard of Serbian citizens. The conference was opened with introductory address by FIC President and Telenor CEO Mike Michel, followed by insight into the White Book 2021 by Editor-in-Chief Miroljub Labus, as well as addresses by Head of EU Delegation in Serbia Emanuele Giofre and Prime Minister of the Serbian Government Ana Brnabić.

Mike Michel, FIC President and Telenor CEO

In his introductory speech FIC President and Telenor CEO Mike Michel noted that expectations that the pandemic, although it has become a new reality, will dictate the course next year, emphasizing that the Foreign Investors Council recognizes the determination of the Government of Serbia to improve the business environment in these globally challenging times.

“FIC’s White Book is the most authoritative guide to improving the business environment in Serbia. It is a serious analysis of 54 sectors of the Serbian economy, with 346 recommendations made by around 50 companies. Our team acknowledges Serbia’s determination to improve the business environment during tough times. The Serbian economy is recovering from the shock and returning to relatively stable growth, but the consequences have remained, while investments will be crucially affected by the exit from the recession. There is still much work ahead of us, so our joint mission should be to increase productivity and sustainable investments that stimulate economic growth”, concluded Michel.

Emanuele Giofre, Head of EU Delegation in Serbia

The FIC sees the further improvement of the business environment as a long-term necessity. In this regard, the key expectations of the FIC from the Government remain unchanged: to continue and accelerate membership negotiations with the EU, which will contribute to improving overall business regulations and their implementation, work on sustainable fiscal consolidation (structural reforms, especially privatization and corporatization of state-owned enterprises), implementation of laws, especially in the field of taxation (strengthening the tax administration capacity). This year’s “White Book” includes an analysis of the main recommendations in the areas that FIC members see as a priority: taxes, labor regulations, digitalization and e-commerce, real estate, illicit trade prevention, and inspection oversight, bankruptcy, and foreign exchange regulations and pharmaceuticals.

In the active panel discussion on ways to improve the business environment in Serbia opinions were exchanged between Minister of Finance Siniša Mali, Head of EU Delegation in Serbia Emanuele Giofre and FIC President and CEO of Telenor Mike Michel.

In order to fully embrace the era of digitalization, but also to be environment-friendly, FIC again opted against printing the White Book publication which is available for free download on the FIC website (www.fic.org.rs).

Related Articles

H.E. József Magyar – The Western Balkans is a Priority

The Hungarian Embassy in Belgrade hosted a reception to mark the beginning of Hungary's presidency of the Council of the European Union The Hungarian Ambassador...

EU and Serbia Strengthen Bonds Through Cultural Heritage Initiatives

The European Union is intensifying its cultural engagement in Serbia, as highlighted at a panel discussion in Užice, part of the "Europe is Our...

The Foreign Investors Council and EBRD Hosted Conference On Financial Services

The Foreign Investors Council of Serbia, in cooperation with the European Bank for Reconstruction and Development (EBRD), organised the second conference on financial services:...

Russia Day Celebrated

A grand reception was held at the Russian Embassy in Belgrade to celebrate Russia's national holiday, Russia Day. The event was attended by numerous...

“European Election Night 2024” in Belgrade

The Head of the European Union Mission to Serbia, Emanuele Giaufret, expressed his expectation that the EU's enlargement policy will remain a high priority...

Serbia Celebrates Africa Day with Grand Ceremony at Palace of Serbia

In a grand ceremony at the Palace of Serbia, the nation marked Africa Day, celebrating the rich and enduring bonds between Serbia and the...

EU Delegation Hosts Europe Day Celebration in Belgrade

Emanuele Giaufret, head of the European Union delegation, hosted a reception celebrating Europe Day, which honours peace and unity on the continent. The event...

Comment

Balancing Progress and EU Alignment

Serbia’s digital transformation, which has been spearheaded by Ana Brnabić, has achieved remarkable progress, but still requires swift harmonisation with EU regulations to ensure...