Serbia does have some competitive advantages, including a competitive workforce in some sectors, duty-free exports to the European Union and the United States for most products and services and free trade agreements with CEFTA countries, and access to Corridor 10. The EU harmonization process will undoubtedly move the reform process forward. The only question is the speed of the process, which is up to Serbia, stated Mr. Joe Lowther, USAID Business Enabling Project, Chief of Party in interview for Serbia Times Magazine.
Public-private dialogue in Serbia is better than in many places I have worked, including countries in this region. We hope that our work raises the interest of all potential domestic and foreign investors, says Lowther.
I believe that on the economic side of the accession process it is important for Serbia to move rapidly to get the Government out of the economy as much as possible. This includes completing privatization, lowering businesses’ tax and social contributions, and reducing regulatory burdens in inspections, obtaining permits, employing workers and many other areas.
Complete interview can be viewed on following LINK
