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President of the Chamber of Commerce & Industry of Serbia, CCIS

Marko Čadež: We Must Be Proactive

The Chamber of Commerce & Industry of...

Archbishop Luciano Suriani, Apostolic Nuncio In Serbia

Archbishop Luciano Suriani: History Calls Us To Overcome Divisions

If, on the one hand, we all...

H.E. Fedor Rosocha, Ambassador of Slovakia to Serbia

Ambassador Fedor Rosocha: Recognising Kosovo’s Independence Is No Condition For Serbia

Within Chapter 35 there are particular criteria...

Vladimir Novaković, President Of The NALED Managing Board

Continuing Cooperation With The Government

The common denominator of the top three...

News

Agreement On Normalisation Of Economic Relations Between Belgrade And Pristina Signed

President of Serbia Aleksandar Vucic and Prime Minister of the Provisional Institutions of Kosovo Avdullah Hoti signed an Agreement...

Montenegro Election: First Projections Point To A Tight Race

In Montenegro, the ruling DPS was nearly neck-and-neck with its main rivals, according to early and incomplete projections of...

EU Awards One Million EUR In Grants For COVID Recovery In Tourism Sector

“#EUzaTebe – For Cultural Heritage and Tourism” project has awarded one million euros for 120 projects aimed at supporting...

UNDP And Embassy Of Slovakia Present Feasibility Study On Use Of Thermosolar Energy

The Mayor of Belgrade, Zoran Radojičić, met with the Ambassador of Slovakia to Serbia, H.E. Fedor Rosocha and Resident...

The EU Does Not Recognize Belarus Election Results

Members of the European Council held a video conference, at which they discussed the situation after the presidential elections...

Sasa Drezgić, Deputy Minister of Finance of Croatia and President of the Regional BFC SEE Network

The BFC SEE Programme Established A Channel Of Trust And Cooperation In The Region

The final word on any investment comes from the local community. If the investment process is not synchronised and well-structured, there is little chance of projects being realised

In the context of long-term cooperation on local public sector development projects and increasing investment at the national level, one of the major issues preventing project implementation is the lack of a good local business environment. The local community has the final word on any investment. If the investment process is not synchronised and well structured, there is little chance of projects being realised.

Business Friendly Certification South-East Europe (BFC SEE) is a unique programme for improving the quality of services and inform local governments to provide to businesses and investors. The programme is implemented by a regional network of 20 institutions and organizations from 5 countries including ministries, chambers of commerce, an association of municipalities, development agencies, CSOs and universities.

The BFC SEE programme offers a unique system that solves all the key problems in the realisation of investment projects in an integrated way. Furthermore, by adopting the principles of BFC, powerful indirect effects of the transformation of local government into a carrier of economic diplomacy are created even at the national level.

Investors want security and a guarantee that individual locations provide maximum support for their business ideas. BFC provides support not only to potential foreign investors but also eases business administration significantly for domestic entrepreneurs.

26 certified municipalities in the SEE region cover a total of 15,440 km2 of territory, providing a high quality service and business-friendly environment to approximately 2 million people and 105,000 businesses

The acceptance of a project is certainly determined by its quality and the support of GIZ, but also the great effort and kindness of the NALED team in terms of providing professional and technical support. The decision to join the project was also certainly made easier because NALED had already achieved significant successes in Serbia.

There has been a high level of cooperation with NALED since its inception, and a channel of mutual trust and the exchange of information leading to the further improvement of the project in the region have been established.

Within the BFC SEE programme, we have seen significant success at the regional level in a relatively short time. To date, 26 local authorities have been certified, and more than 60 are in the process. It is certainly a step forward in the development of the project in the direction of acceptance and incorporation into national institutional systems and regulations to ensure the involvement of all local governments, and an approach towards the stated terms of the level of a favourable business environment. Both the institutional framework and knowledge created in the context of regional cooperation must receive adequate support from the governments of Southeast Europe.

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