PM meets with reps of U.S. companies

Belgrade, April 25. 2010 (Source: B92) - There's been good cooperation in creating favorable business environment for promotion of the Serbian economy, said PM Mirko Cvetković. He made the comment on Friday during a meeting with mangers and representatives of U.S. and other international companies that are doing business in Serbia and are members of the American Chamber of Commerce (AmCham). Cvetković pointed out that the top 2010 priority of the Serbian government is increase in employment rate and economic activity, the Serbian government's press office stated. Special attention was paid to the implementation of the regulatory guillotine, improvement of the legislation in the area of working relationships and real estate market regulations. “The government creates the business environment, while an active dialogue between state and economy is extremely important,” the prime minister underlined. AmCham President Skip Bornhuetter underscored that the chamber believes that consistent implementation of reforms is crucial for future attraction of foreign investments, and particularly of those reforms that refer to reduction of bureaucracy and administrative procedures. “In the period when the level of direct foreign investments is low, it is crucial to prepare the ground for the inflow of new investments and provide an impetus to the entrepreneurship,” Bornhuetter said.