20 February 2019 - Deputy Prime Minister for Economic Policy and Financial System Milutin Simović recently hosted a delegation of the Western Balkans Chambers Investment Forum led by President of the Serbian Chamber of Commerce Marko Čadež, the Chairman of the Forum.
As a regional association of chambers of commerce of the Western Balkans, the Western Balkans Chambers Investment Forum was established at the Vienna Summit in 2015 with the aim of strengthening regional cooperation, through joint chamber activity, cooperation and harmonisation of activities aimed at developing the competitiveness of the economy of the region. The founding of this Forum has highlighted the initiative for the active involvement of national chambers of commerce in achieving the concrete goals of the "Berlin Process."
The Deputy Prime Minister supported the Western Balkans Chambers Investment Forum concrete approach, which, in addition to monitoring the implementation of large regional infrastructure projects, approved by the European Commission, is dedicated to the implementation of smaller-scale projects. It expects the chamber to provide feedback from the market in a timely manner, along with recommendations to indicate to governments the norms that need to be made in order to create a more attractive business and investment environment. In that regard, DPM Simović called for regular two-way communication, exchange of opinions and consultations.
He concluded by saying that the ultimate goal of the chambers, business people and governments of the Western Balkan countries need to be reaching the level of success in which it will not be necessary for us to present the region's investment potentials, but that investors, through successful projects, invite other investors to start a business in this region.