US Ambassador Reinke: US Investors are Welcome in Montenegro

By , 04 Aug 2019, 14:19 PM Business
US Ambassador Reinke: US Investors are Welcome in Montenegro Copyrights: Office of Deputy Prime Minister Media

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04 August 2019 - Deputy Prime Minister for Regional Development of Montenegro Rafet Husović hosted US Ambassador Judy Rising Reinke. The two officials discussed current political situation in Montenegro, foreign policy priorities and priorities in the field of economy and regional development.

The Government has been increasing investments in less developed areas and municipalities over the last 10 years, and they are now a major part of the capital budget - proof of this is the construction of motorway and four ski centers, with the implementation of a number of major social and health infrastructure projects.

"We support municipalities to increase capacity to accept additional investment from the State, European funds and private investors. Additional business support needs to be provided - especially for small and medium enterprises in the North Montenegro," said Husović in the Government's report.

He also added that the Government of Montenegro is committed to achieving the stability of the country and the security of all citizens, especially through NATO membership.

"We are making efforts to achieve better economic indicators that will encourage young people, especially in the Northern Region, to build their future in Montenegro. We do all this in partnership and with the support of the United States of America and their Embassy in Montenegro, for which we are grateful," DPM Husović stressed.

Ambassador Reinke emphasised that during her mandate, the United States of America will continue to support Montenegro's full integration into Euro-Atlantic institutions and the strengthening of alliance and partnership between the two countries.

"We will also support Montenegro in its accession to the European Union, its institutional and economic development, improvement of its business environment and development of entrepreneurship and business," Reinke stressed out.

"In particular, we will work on deepening the relations between citizens of Montenegro and the United States, in order to increase the number of US investors in Montenegro, who, according to their experience so far, are welcome," concluded Ambassador Reinke.

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

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