The MFIC Annual Assembly

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At MFIC’s Annual Assembly of the Montenegrin Foreign Investors Council, held on May 13, a change in the publication date of the “White Book – Investment Climate in Montenegro,” a key document for the development of the investment environment in our country, was announced. Starting this year, the “White Book” will be published in November to allow the government to timely consider and incorporate the recommendations and analyses of foreign investors into its work program.

Explaining the decision to change the publication date of the “White Book,” the Council President, Tamas Kamarasi, emphasized that this is an important step to further ensure that policy creation and regulatory frameworks take into account the real needs of foreign investors and the entire business community.

A special emphasis at this year’s Assembly was placed on the work of the Council’s four committees: the Talent and Human Capital Committee, the IT, Economic, and Infrastructure Development Committee, the Rule of Law and Tax Policy Committee, and the Transition to a Green Economy (ESG) Committee.

The committee chairpersons are members of the Council’s Board of Directors: Branko Mitrović, David Margason, Vasilis Panagopoulos, and Remon Zakaria.

Experts from member companies participate in the committees, striving to implement initiatives to eliminate recognized barriers within these priority areas.

Arijana Nikolić Vučinić, Executive Director of the Foreign Investors Council in Montenegro, reminded that the presented activities and announced changes are in line with the intention to intensify dialogue and strengthen cooperation with decision-makers. She stated that the Council continues to dedicatedly support openness, transparency, and efficiency of the investment environment to provide full support to partners in achieving common goals important for the further development of the Montenegrin economy.

Speaking about plans for the upcoming period, Arijana Nikolić Vučinić announced new “MFIC Talks” events where Council members will be able to discuss topics that foreign investors recognize as significant with representatives of the government and relevant institutions.

She also reminded of the recently established cooperation with the “Čini dobro” foundation, which will give Council members the opportunity to mentor and bring modern business and market standards closer to young people in Montenegro.

The MFIC is one of the leading business associations in the country. Founded 15 years ago, it brings together 43 companies that generate more than 30% of Montenegro’s GDP.

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