A new period of political stability and continued reforms is vital for Serbia to position itself even better on the European economic map, President of the Austrian Federal Economic Chamber Christoph Leitl said in a meeting with President of the Serbian Chamber of Commerce and Industry Marko Cadez in Vienna on Thursday.

To that aim, the Austrian chamber organized a meeting with 70 Austrian companies which Cadez informed about Serbia’s advantages as an investment destination, the strengthening capacities of the domestic economy to join their supply chains as a reliable partner, and the Serbian chamber’s support for companies interested in investing and expanding their business operations in Serbia.

In his address to the business forum, Cadez pointed to the results of the economic reforms so far: Serbia’s macroeconomic stability, low inflation, stable exchange rate, lower fiscal and trade deficit, growth in GDP and exports, better regulatory framework and lower business risks.

Cadez’s two-day working visit to Vienna was an opportunity to discuss a further modernization of Serbia’s chamber system on the model of Austria.

 

Source: Tanjug

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