A better approach is demanded for foreign investments

A better approach is demanded for foreign investments

Pristina, March 17, 2015/Independent Balkan News Agency

By Elton Tota

Kosovo’s Chamber of Commerce, Association of Businesses and parliamentary committee for economic development have discussed today the bill on foreign investments.

The head of the committee, Besim Beqaj said that the scope of the meeting was to evaluate the extent to which the law is being applied and to hear feedback on the problems that businesses that are interested to invest in Kosovo face.

The head of the Kosovo Chamber of Commerce, Safet Gerxhaliu said that it’s very important that this meeting is marking a new practice in the work and collaboration of the Parliament of Kosovo with the business community and that such approach must be intensified when it comes to the drafting of a new legislation.

Gerxhaliu said that the Agency for the Promotion of Investments must become part of the Office of the Prime Minister of Kosovo and stressed the fact that there are many institutions that must promote investments and which are having the adverse effect in this process.

The executive director of the American Chamber of Commerce in Kosovo, Arian Zeka, said that one of the members of this Chamber has been asked to offer his inputs on the implementation of the law and that this Chamber has no complaints, but stressed that its implementation is causing problems.

Vjosa Huruglica from the economic department of the Austrian Embassy said that based on the experiences so far, Austrian business consider the conditions for investments as favorable, but they are not happy with the legal solutions. /ibna/