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Project details
Regional investment policy programme
| Type of entry | Project |
|---|---|
| Date (start - end) | 31.12.2017 - 31.12.2020 |
| Scheduled status | Completed |
| Areas of intervention | |
| Sectors |
15110 - Public sector policy and administrative management |
| Locations |
Albania Bosnia and Herzegovina Republic of North Macedonia Serbia Kosovo* Montenegro |
| Donors |
European Commission
European Commission LOI 15, 03/086 + 800 6 7 8 9 10 11 |
| Implementers |
DG NEAR, A3, Unit for Thematic Support, Monitoring and Evaluation |
| Beneficiaries |
Albania Bosnia and Herzegovina Kosovo* Montenegro Serbia Republic of North Macedonia |
| Description | Following the conclusions of the Vienna Summit to increase investments and of the South East Europe Ministerial meeting on Investment, the objective of the project is to contribute to the gradual harmonisation of the investment policies in the Western Balkans with the relevant EU and international standards, and to improve the attraction of the region for international investors. The outcome of the programme is to establish a common investment reform agenda that aims at regional harmonization of investment policies and a set of specific policy level reform indicators, established to guide and track progress. Implementation of the investment reform agenda is meant to increase transparency, to attract higher investment and to allow the Western Balkans to move towards EU standards and regulations in the array of those particular policies that are affecting the investment environment.The programme would be implemented by the Wold Bank in close cooperation with the Regional Cooperation Council (RCC) and CEFTA. Regular discussions on the proposals for policy reforms would take place in the competent structures of the RCC and of CEFTA, as appropriate. |
* This designation is without prejudice to positions on status, and is in line with UNSCR 1244 and the ICJ Opinion on the Kosovo declaration of independence