Radovanović: Montenegro a Reliable Partner in Regional Cooperation

By , 16 Apr 2018, 10:28 AM Business
Radovanović: Montenegro a Reliable Partner in Regional Cooperation Source: Montenegro Economy Chamber

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“Cooperation in transportation, ICT, tourism and trade sectors represent the future development of these branches of economy. Thus joint project are invaluable in order to erase borders and become examples of successful practice”

Montenegro is recognized as a good and reliable partner in regional cooperation, which will contribute to the attractiveness of the region and increase of income, employment and living standards, said General Secretary of the Chamber of economy (PKCG), Pavle Radovanović.

As the first business conference titled Regional Development – Challenges of the Future, held as part of the international economy fair in Mostar, he stated regional alliances create great recognisability, attractiveness and promotion of the region for investors.

According to him, creative partnerships, new initiatives, innovative products, responsible and sustainable economic development offer opportunities to strengthen regional competitiveness.

The PKCG reported that clean energy, transportation connectivity, challenges of digital transformation, tourism and trade were the topics of the first business conference.

Held by the Forum of Economy Chambers of the Adriatic-Ionian Zone, the conference brought together members of economy chambers from Italy, Slovenia, Croatia, Bosnia-Herzegovina, Montenegro, Albania and Greece, in order to exchange information and examine topics of joint interest to regional nations.

The Croatian member of the Bosnia-Herzegovina Presidency, Dragan Čović, stated politics needs to remove obstacles and open paths for economies to develop.

President of the Forum of Economy Chambers of the Adriatic-Ionian Zone and Deputy President of the Croatian Chamber of Economy, Mirjana Čagalj, cited the need to define specific joint priorities as a precondition for further development of regional economies and easier access to EU funds, such as the construction of the Adriatic-Ionian highway.

Secretary of the Tourism and Catering Association in PKCG Sanja Marković presented results which are a basis for further tourism development as a strategic branch of economy and a step foe the economic development of Montenegro.

“Montenegro is a predominantly receptive country which traditionally has a surplus in tourism. Tourism income represents a significant section of the budget which also significantly contributes to the overall foreign trade balance,” said Marković.

The PKCG stated the new Tourism and Catering Law in Montenegro bolsters the development of year-round tourism, advances the construction and operation of high-quality hotel capacity and removes the obligation to use beach furniture.

The conference was attended by over 100 participants, eminent experts, representatives of ministries, economy chambers and regional companies.

Translated from Vijesti Online, click here for the original.

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