The Head of the European Union Office in Kosovo, Thomas Szunyoug emphasized that the Stabilization and Association Agreement (SAA) is important for both Kosovo and the EU.
He stressed that the SAA helps Kosovo to strengthen democracy and institutional stability. Therefore, he urged the Government to take concrete measures to attract foreign investors.
His remarks were made in an event organized by the European Investor Council (EIC) on Monday, on the occasion of the fifth anniversary of the entry into force of the SAA.
The discussion at the conference was focused on addressing the need for the government to act and implement the SAA-derived obligation more effectively, a statement issued by the EIC says.
Deputy Prime Minister of Kosovo, Besnik Bislimi noted that the SAA is halfway through its implementation and what remains to be done is to strengthen the legislation.
He added that the SAA criteria’s are also priorities of the government.
“He assured the cooperation and commitment of the Government in this regard,” the statement reads.
The Director of the Board of the Investors Council, Visar Ramajli, emphasized that the implementation of the SAA is a national interest, therefore the cooperation of the private sector and state institutions is necessary.
“Competition can not be realized overnight or by passing a law we must prepare businesses and the economy to be competitive in order to join the EU,” Ramalji is quoted to have said.
The SAA was signed on October 27, 2015 in Strasbourg, while it was put into force on April, 2016.
Kosovo’s main benefits of this agreement are in the field of trade for the country’s export, to have a better access to the European market.
