US Ambassador: Open Balkan could activate region’s economic potential

NEWS 17.05.2022 15:19
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Source: FoNet/Milica Vučković

US Ambassador Christopher Hill said on Tuesday that the Open Balkan initiative could activate the region’s economic potential.

Speaking at a meeting organized by the American Chamber of Commerce (AmCham), the ambassador said the initiative could attract even more foreign investments, a press release said.

According to the ambassador, Serbia has become the key investment destination in Europe with potential for growth. He recalled that US companies have invested more than 4 billion Dollars in the country and are providing more than 20,000 jobs.

Hill is quoted as expressing confidence in AmCham efforts to support American values including equal market conditions for the entire business community and improving transparency, rule of law, digitalization, energy diversification and protecting the environment as principles which will help attract more companies to the country and become a member of the European Union.