Digitalization of the judiciary is key to creating a favorable business environment, and education is a prerequisite for the success of this process. The conference “Digitalization and Justice”, organized by the American Chamber of Commerce in Serbia (AmCham), addressed several […]
Commitment to ESG strategies is key to attracting investment Acknowledging the major efforts invested by companies in environmental, social, and governance (ESG) activities, AmCham partnered with management consulting firm Kearney to investigate the extent to which its member firms applied […]
All regional markets must join the Open Balkan Initiative to achieve its full potential The conference focused on the key impacts of existing regional economic cooperation platforms, in particular the implementation of agreements adopted as part of the Open Balkan […]
Digitalisation, Green Agenda, health, and Open Balkans are next year’s prioritiesWorkforce availability seen as key challenge for 2023 The vast majority of AmCham companies (86 percent) believed their business would meet or exceed projections in 2022, despite the Ukraine crisis, […]
Strengthening judiciary and rule of law, reducing corruption, continuing expansion of e-government and improving administration, and fostering collaboration between public and private healthcare remain key reforms for business recovery in 2022 Businesses’ plans for growth are more positive than one […]
AmCham advocates transparency in the use of environmental funds and consistent application of the ‘polluter pays’ principle in collecting environmental revenues Nearly one-half of all AmCham member companies believe the Serbian development budget ought to earmark more funds for environmental […]
AmCham member companies believe economic recovery in 2021 would best be promoted by reforms to strengthen rule of law and judicial efficiency, make changes to legislation more predictable, optimize and digitalize public administration, create synergies between public and private healthcare, tackle the shadow economy, and streamline tax administration
Improving the work of the judiciary is a priority reform for 76% of respondents.
Labor availability is the biggest challenge for business development, with business climate assessments slightly worse than last year due to the failure to implement key reforms. Most AmCham member companies (78%) expect growth, while 61% plan to hire more people in 2020.
As the largest market in the region, Serbia enjoys the greatest benefit from the reduction of trade barriers – concluded the Trade Facilitation Conference: Progress Report, organized by AmCham and the USAID REG project in Serbia.
