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CONFERENCE ON INVESTMENT PROMOTION ENDS IN VIENNA

VIENNA VIENNA, July 11 (Hina) - A ministerial conference on the promotion of foreign investments in southeastern Europe ended in Vienna on Friday with the adoption of joint conclusions.
VIENNA, July 11 (Hina) - A ministerial conference on the promotion of foreign investments in southeastern Europe ended in Vienna on Friday with the adoption of joint conclusions. #L# Ministers from Albania, Bosnia-Herzegovina, Bulgaria, Croatia, Macedonia, Moldova, Romania, and Serbia and Montenegro agreed that obstacles to investment should be removed and that foreign investors should be allowed to buy real estate necessary for investment projects. They also agreed that procedures for issuing work and residence permits should be facilitated. The ministers welcomed the support of the Organisation for Economic Cooperation and Development (OECD) and the Stability Pact for the establishment of a Council of Foreign Investors, which is interested in establishing direct relations between investors and government agencies and funds for investment promotion. (hina) vm sb

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