Germany offers support to Kosovo in trade and industry

Germany offers support to Kosovo in trade and industry

 Ministry of Trade and Industry of Kosovo reports that the priority of this ministry is the harmonization of full legislation with the SAA.

"Since the begining of the mandate, we have been trying to legislate, to postpone some laws that have not been in full compliance with the SAA. We have worked hard in this regard and there are some ten laws that have been processed in government. In our policies we have oriented them on supporting small and medium-sized enterprises and promoting investment. To support small enterprises, we are highly oriented towards improving product conformity, supporting businesses to increase production capacities, which through this we intend to increase exports," said the Minister of Trade and Industry in the Government of Kosovo, Bajram Hasani. The Minister announced that in the framework of the harmonization of laws with EU policies, the first applicant to receive the Strategic Investor Status in Kosovo is a German-Kosovar capital company that is expected to invest 130 million euros in solar energy.

Kosovo leaves behind Albania, Macedonia and Bosnia

In the 2017 World Bank Group's Doing Business survey, Kosovo ranked 40th in the country as a convenient place to do business. As for the fight against organized crime and corruption, these phenomena, however, continue to be present in Kosovo, but in 2017 Kosovo has improved the ranking from 95 to 85. Compared to the region, Kosovo leaves behind Albania, Macedonia and Bosnia.

Germany is launching a second mission in Kosovo

The day before, the Kosovo government and the Federal Ministry for Economic Cooperation and Development signed an agreement for further use of an exempted part of the German military camp in Prizren as an innovative and Kosovar-based training park. The German organization GIZ presented the feasibility project, elaborating five areas that will be part of the economic park, such as: innovation (technology and entrepreneurship); vocational training, as well as formal and informal education; science and research; agriculture, as well as tourism and culture.

Kosovo and Germany signed an agreement to use an exempted part of the German military camp in Prizren

Prime Minister Ramush Haradinaj said that Germany is launching a second mission in Kosovo. "We came together in 1999 to bring peace to our country when Germany for the first time in its history decides to send its peacekeeping troops to Kosovo and now after two decades, in the service of peace goodwill, initiate the next step for the country's prosperity, the foundation of the innovative Kosovar-German training park," said Prime Minister Haradinaj.

German Ambassador Christian Heldt, for his part, said that in the Kosovar-German innovative Prizren park will still be the German flag. "The German flag in the future will no longer be a sign of the presence of the Bundeswehr. Instead, along with the Kosovo flag it will stand as a promise for a successful economic future of Kosovo. German-Kosovanpark will enable young Kosovars to build a future in their new state," said German Ambassador Christian Heldt.

According to data from the Ministry of Trade and Industry in the Kosovo government, Germany is the largest investor in Kosovo, marking a direct investment of 540 million euros since the end of the war.
Germany offers support to Kosovo in trade and industry Germany offers support to Kosovo in trade and industry Thursday, March 08, 2018 Rating: 5
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