Sir Judge at Eurosfera Conference
BELGRADE, 3 March (Tanjug) –The Serbian Government is conducting an ambitious reform programme while the score given by the international credit rating agencies and the improvement of its placement on the World Bank list go to show that Serbia is moving in the right direction and that its credibility of a business destination is rising, said Sir Paul Judge today, the president of the British-Serbian Chamber of Commerce.
“Serbia has now realized what it needs to do in order to join the modern world, but it needed the time to get organized, as it had a 10-year lag behind the other countries in the Southeast Europe due to the war of the 90s“, said Judge at the 5th British-Serbian Conference “Key Business Opportunities“.
At the conference held in Belgrade to mark 180 years of diplomatic relations between Serbia and the UK organized by the Eurosfera consulting agency, Judge pointed out that the World Bank’s ease of doing business index for Serbia had improved, and that the International Monetary Fund was on Serbia’s side now in the stand-by arrangement to provide financial support.
“Regarding the World Bank indicators, Serbia has moved up and is now in the top 50 countries. This is very important since the investors rely on the World Bank data on country index when looking to invest in a country“, Judge said and invited the Government of Serbia to further improve these indices which are vital for the country as they speak of country’s reputation in the commercial sense.