26 June 2013

Macedonia's investment opportunities presented in Kaliningrad

A Macedonian business delegation, led by Prime Minister Nikola Gruevski, presented Wednesday Macedonia's investment potentials and economic climate at a business forum held in Russia's Kaliningrad region.
The business forum brought together representatives of manufacturing companies, tourism and agriculture from Kaliningrad - a region in Russia experiencing an intensive economic development as a result of, amongst other things, the status of a free economic zone, the Government said in a press release.

PM Gruevski invited investors from Kaliningrad and Russia to visit Macedonia and to learn first-hand about the conditions and benefits for investing.

Russia, he said, is one of the most important business partners of Macedonia and the countries' trade exchange has been increased in the past decade. These business forums offer a great opportunity to establish new contacts in a bid to strengthen relations.

Macedonia has revoked visas for Russian citizens. Several Russian companies, including Protekt Group, Solvej Group, Lukoil and Grishko, have invested in Macedonia after recognising the favourable conditions for running a business.
The President of the Foreign Investors Association in the Kaliningrad region, Stefano Vlahovic urged the businessmen to examine the opportunities offered in Macedonia. "Macedonia and the Kaliningrad region could establish more concrete relations in the field of investments and trade of commodities," he said.

Deputy PM for economic affairs Vladimir Pesevski presented opportunities for the development and enhancement of tourism cooperation emphasising that the Macedonian Governemnt was allocating subsidies to attract tourists from Russia.
The potentials for investments in agriculture and manufacturing were outlined by the minister for attracting foreign investments, Bill Pavleski. "The Government is making many efforts to strengthen the investment potentials to pave the way for accelerated development."

Today's business forum was organised by the Chamber of Commerce and the Foreign Investors Association in the Kaliningrad region.

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