Launched in 2007 by the South East European (SEE) economies to enhance regional leadership for common investment strategies, South East Europe Investment Committee (SEEIC) operates under the umbrella of the Regional Cooperation Council (RCC) and is comprised of SEE’s ministries of economies, liaising with an array of regional and international partners (European Commission, CEFTA, World Bank/IFC, OECD, USAID, ETF, etc.).

The main objective of SEEIC’s work is to help economies from the region to boost the SEE’s competitiveness and growth. Focus of working groups established under the SEEIC is to address barriers to development in the respective SEE 2020 areas, and start deliberating on the policy response to those barriers, with the aim to turn those responses into pragmatic tools and instruments in the future. In that sense, the SEEIC focuses its efforts on strengthening the region’s industrial base, encouraging creation and growth of enterprises, improving conditions for investment, enhancing the region’s innovation performance and increasing its share of international trade.

RCC Secretariat acts as the Co-Chair of SEEIC and the Secretariat for its activities. All of the decisions of the SEEIC (based on proposals provided by its technical groups) are subject to endorsement of the SEEIC Ministerial fora, meeting annually and comprised of SEE’s ministers of economies. The fora provide a political endorsement and commitment of the involved economies for implementation of proposed policies, measures, and activities.