Foreign investors are looking for equal terms for everybody

Foreign investors expect from the Government of Serbia to create equal business terms for all companies and not to assign governmental support to some of them since it leads to disloyal competition, foreign company reps agreed at the Kopaonik business forum.

At the panel ‘Expectations of foreign investors in economic reforms ”held last night, it was said the companies are satisfied with the steps the Government made, especially with the adoption of the Labor Law, Law on planning and construction and Law on bankruptcy.

However, as they said, equal terms of business are key pre-requisite to create attractive business environment.

- Predictability and equal terms for everybody are necessary - president of the Foreign Investors’ Council, (FIC) Frederic Cohen said.

He says it is not fair that some state-owned companies get subsidies.

Cohen added that both for investors and citizens it is very important to decrease public debt and deficit since if it does not happen, investors will “suffer”.

Agreement with IMF, in his opinion, is a good sign that these macro economical parameters will be move into sustainable direction.