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Foreign Investors Council
47, Gospodar Jevremova Street, IV Floor, 11000 Belgrade, Serbia
Phone: +381 11 3281 958, 3281 965
e-mail: office@fic.org.rs

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Recent Activities

31. August 2019.

Aleksandar Ljubic for Nova ekonomija

Serbia could become the best investment destination in the South East Europe by pursuing reforms and ensuring predictability in business environment, FIC Executive Director Aleksandar Ljubic said in an interview for Nova ekonomija magazine published on August 31.

He said that the main problem is inconsistent implementation of law, and that there is a need to strengthen the capacities in the institutions in charge of law implementation. FIC Executive Director cited in particular the issues of the capacities of Tax Administration, in particular different interpretations of rules by branches of tax administration. In such situations, FIC draws attention to the Government representatives and participates in finding solutions. FIC pleads for the e-government, which would make administration much smaller, and contribute to more transparency and quicker communications. In order to attract investments, Serbia should also finalize the privatization process, corporatization of public enterprises and reform of public administration. Improving public procurement processes and making them more transparent and accessible for business is also needed, as well as improvement of the legislative process in order to avoid urgent procedures, he added. Aleksandar Ljubic outlined FIC commitment to the long term cooperation with the Government in order to improve business framework in Serbia. FIC sees this process not like a sprint but a marathon, he concluded in the interview that is available here below.

 


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