Czech Investors Looking into Montenegrin Tourism and Infrastructure

By , 15 Jun 2019, 23:21 PM Business
Czech Investors Looking into Montenegrin Tourism and Infrastructure Copyrights: Government of Montenegro, Flickr

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14 June 2019 - Prime Minister Duško Marković recently hosted Minister of Foreign Affairs of the Czech Republic Tomaš Petriček, who is on an official visit to Montenegro.

In Government's of Montenegro report, it was noted that Montenegro and the Czech Republic had developed high-quality bilateral relations and that Minister Petriček's visit will give an additional incentive to Montenegro.

PM Marković expressed gratitude for the continued support of the Czech Republic during the process of Montenegro's accession to NATO, and now in the process of EU integration and for the country's advocacy for the European perspective of the countries of the Western Balkans.

Minister Petriček voiced his country's full support for Montenegro as the leader in the process of integration into the European Union, stressing that his country encourages Montenegro to continue its committed reform implementation. Successful reforms, as shown on the example of the Czech Republic, directly result in economic growth and development after joining the EU, he underlined.

The Prime Minister of Montenegro and the Minister of Foreign Affairs of the Czech Republic agreed that the economic cooperation between the two countries should be strengthened, primarily through the contacts of the chambers of commerce.

It was concluded that the investment climate in Montenegro is favourable and that the Czech Republic is interested in primarily in tourism projects and further development and restoration of Montenegro's infrastructure, especially railways.

The meeting also discussed the situation in the region of the Western Balkans and Europe as a whole.

Read more about business in Montenegro at TMN's dedicated page.

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