Sitemap

Foreign Investors Council Presented The White Book 2021

CorD Recommends

Serbia, Slovenia, and Hungary Merge Power Exchanges in Energy Pact

In a significant move to streamline and...

Over Two Thousand Seek Employment in Serbia Through Open Balkan Scheme

Serbian President Aleksandar Vučić reported that, via...

Peter Pellegrini Wins Slovak Presidential Election

Peter Pellegrini, the candidate from the ruling...

Strategic Energy Partnership Established Between Serbia and France

The Serbian Government adopted a Memorandum of...

1938 Superman Comic Sold for Record $6 Million

A 1938 comic book featuring the first appearance of Superman was sold for a record $6 million to an...

White House Calls for Lunar Time Zone

The White House has requested that NASA create a new time zone for the Moon by the end of...

Serbian Red Cross Launches Pioneering Migration Platform

Responding to a significant increase in migrant numbers, the Serbian Red Cross has unveiled a cutting-edge digital platform, earning...

Ghana to Open Embassy in Belgrade

Ghana is set to open an embassy in Belgrade, as announced by Serbia's Foreign Minister Ivica Dačić following a...

Maserati’s Balkan Expansion: New Showroom Opens in Belgrade

Delta Auto Group has unveiled an exclusive Maserati showroom in Belgrade, setting new luxury benchmarks in line with the...

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

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...

EU Passes Landmark Media Freedom Law

The European Council has adopted a groundbreaking law aimed at safeguarding media freedom, pluralism, and editorial independence within the European Union, the EU Delegation...

New ENEF II Fund to Propel Growth in Western Balkans

The European Bank for Reconstruction and Development (EBRD) has announced the introduction of the Enterprise Expansion Fund II (ENEF II), aimed at fostering the...

Plamena Halacheva, Deputy Head of the Delegation of the European Union to Serbia

Easier Access to the Western Balkans’ Single Market

The EU aims to involve Western Balkans partners with its Member States on equal terms, fostering a reform partnership that’s oriented towards the future...

Serbia Awards Distinctions to Notable Personalities on National Day

In a ceremonial tribute to Serbia's National Day, President Aleksandar Vučić presented awards to a host of esteemed individuals and entities, celebrating their significant...

EU Delegation Visits Fruška Gora’s Key Projects

Emanuel Giofre, the European Union's Ambassador to Serbia, conducted a tour alongside ambassadors from EU member states to examine three projects financed by the...

Sao Tome and Principe and Serbia Eye Collaborative Growth

During a recent visit to Belgrade, Sao Tome and Principe's Prime Minister, Emeri Trovoada, emphasized the shared objectives and significant potential for collaboration between...

Construction Commences on BIO 4 Campus in Belgrade

In Belgrade, near the "Torlak" Institute for Virology, Vaccines, and Serums, the groundbreaking ceremony for the BIO 4 campus has commenced.  This unique multidisciplinary project...