ZAGREB, March 2 (Hina) - Croatia has made great progress in many fields in relation to investment attraction and is above the average of southeastern Europe according to Investment Reform Index (IRI) measures, the director of the
Investment Compact of the OECD, Anthony O'Sullivan said in Zagreb on Friday while presenting the IRI report for 2006 covering eight southeastern European countries.
ZAGREB, March 2 (Hina) - Croatia has made great progress in many
fields in relation to investment attraction and is above the average of
southeastern Europe according to Investment Reform Index (IRI) measures, the
director of the Investment Compact of the OECD, Anthony O'Sullivan said in
Zagreb on Friday while presenting the IRI report for 2006 covering eight
southeastern European countries. Although Croatia is above the
average of the region, when measured by IRI dimensions, the country still has
to make additional efforts to remove obstacles in the fields of legislation,
the labour education and the fight against corruption, O'Sullivan said.
He commended Croatia for equally treating foreign and domestic
investors and for its trade policy as well as for promotion of investments, but
added that Croatia's weak spots" were legislation in ownership protection and
the protection of market competition as well as corruption particularly in
public procurement and cases of conflict of interest.
Apart from Croatia, other seven countries covered by the report are
Albania, Bosnia-Herzegovina, Macedonia, Moldavia, Montenegro, Romania and
Serbia.