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Home > About Slovenia > Publications > Slovenia News > Slovenia News 30 January 2007 > FM Believes Stability Would Facilitate Investment in Kosovo
 
FM Believes Stability Would Facilitate Investment in Kosovo
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Ljubljana, 24 January

Foreign Minister Dimitrij Rupel said in Ljubljana on Wednesday that the situation in Kosovo was "relatively stable, yet fragile" and added that the province needed a clear political situation to facilitate investment.

Rupel, speaking at a conference on business opportunities for Slovenian companies in Kosovo, labelled Slovenia an important investor in Kosovo, as bilateral trade reached EUR 60m in the first ten months of 2006, of which Slovenian investment amounted to EUR 40m.
The main issue at the moment is the future status of the predominantly ethnic Albanian province, while less attention is paid to unemployment, public finances, administration and the rule of law, Rupel said at the "Kosovo - Challenge for Slovenian Business" event.
"I do not believe that merely solving the status would open the doors, but such a political situation is not good for Kosovo... Political clarity will increase investors' trust and open international financial flows."
Rupel believes that the convincing victory of democratic and pro-European forces at Sunday's general election in Serbia paves the way towards Euroatlantic organisations for the Western Balkans country, which is where he sees Kosovo in the future as well.
"A division of Kosovo or it joining other countries is not an option," the minister said.
He also pointed to the importance of Slovenian companies in the economic development of the province and listed tourism, energy and infrastructure as the industries with the greatest potential.
Kosovo Finance and Economy Minister Haki Shatri said "Kosovo is open for cooperation and business contacts... Our economy has entered a new phase of development".
Shatri underlined the importance of private enterprise and investment and added that Kosovo had a developed budgetary and tax system, EU-compatible economic and other legislation and macroeconomic stability.
He highlighted untapped natural resources, cheap labour and numerous logistics and transport opportunities, mainly regarding motorways and air transport.
Andrej Lovsin, the chief executive of logictics group Intereuropa, which organised the event, meanwhile said that potential risk factors for Kosovo included a sensitive political situation and a high level of unemployment.
The Koper-based company set up a Intereuropa Kosovo subsidiary six months ago because of the opportunities Kosovo presents in logistics, he added.

More articles from this issue:

Politics
World Needs Global Leadership, Drnovsek and Indian PM Agree
New Delhi, 29 January
Foreign Policy
FM Believes Stability Would Facilitate Investment in Kosovo
Ljubljana, 24 January
Rupel: Slovenia Considering Non-Military Aid to Afghanistan
Brussels, 26 January
Rupel: Putting Off the Kosovo Solution Would be Unwise
Brussels, 26 January
Croatia Rejects Slovenian Allegations on Prejudging Border
Ljubljana/Zagreb, 29 January
Diplomacy
Cyprus to Open Embassy in Slovenia
Nicosia, 24 January
PM Hosts Traditional Reception for Ambassadors to Slovenia
Ljubljana, 24 January
Government
Govt Sets Down Slovenian Priorities in the EU
Ljubljana, 25 January
Economy
Nafta Lendava to Build Biggest Biodiesel Refinery in Slovenia
Lendava, 25 January
Govt Backs Clearing Debt Agreement with Russia
Ljubljana, 25 January
Iskra Avtoelektrika Opening Factory in Russia
Sempeter pri Gorici, 25 January
Gorenje to Open Boiler Factory in Serbia
Velenje, 26 January
Ministry Concludes EUR 6.8m Software Deal with Microsoft
Ljubljana, 27 January
Chamber of Commerce Revises 2006 GDP Estimate Upwards
Ljubljana, 29 January
EU Topics
EU: Slovenian Finance Stability Plan Realistic, But Unambitious
Brussels/Ljubljana, 23 January
Survey: Less Than Half of Slovenians Think Diversity Enriches
Brussels, 23 January
Culture
Slovenian Literature to be Showcased at Leipzig Book Fair
Ljubljana, 23 January
Festival Brings Three Weeks of Comedy to Celje
Celje, 26 January
People
Adventure Swimmer Starts His Amazon Swim on 1 February
Ljubljana, 23 January
Politicians, Diplomats Meet at Friendly Cross-Country Race
Pokljuka, 27 January
Auschwitz Victims Remembered at Commemoration in Ljubljana
Ljubljana, 28 January
Tourism
Long Awaited Snow Finally Covers Slovenia
Ljubljana, 26 January
Tourism Board Pleased with Its Activities in 2006
Ljubljana, 26 January
First Vegetarian Hotel Opens in Slovenia
Rogaska Slatina, 29 January
Calendar of Events
Schedule of Events from 30 January to 4 February

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