- Government of Montenegro
DPM Lazović attends Euro-Asian Economic Summit in ...
Please note: The page below represents the archived content relating to the previous Government of Montenegro. Some of the information might be inaccurate or outdated.
Archive
DPM Lazović attends Euro-Asian Economic Summit in Istanbul
Published on: Apr 10, 2013 • 9:22 PM Author: PR Bureau
Istanbul, Turkey (10 April 2013) – Montenegro's delegation, headed by Deputy Prime Minister Vujica Lazović, attended the 16th Euro-Asian Economic Summit in Istanbul.
This year’s summit is dedicated to global challenges and issues related to stable and sustainable use of natural resources.
Given the small size of the country, DPM Lazović stressed, Montenegro has great natural potential. Tourism, energy, industry and agriculture have been identified as top priority development sectors. By achieving sustainable development and growth in these four sectors, natural resources will be used to the citizens' benefit through the creation of new jobs and income growth, to the state’s benefit through its fiscal stability and to investors’ benefit through gaining long-term profit, he underlined.
On the sidelines of the summit, DPM Lazović met with Minister for Communication and Information Technologies in the Government of Azerbaijan Ali Abbasov. The two officials agreed that the relations that the two countries have developed to date will be an incentive for new investments in Montenegro. They also discussed the possibility of boosting mutual cooperation through the implementation of projects related to communication.
DPM Lazovic’s meetings with representatives of Turkish companies confirmed the fact that Montenegro has been recognised by Turkish investors as a country of comparative advantages in the fields of tourism, energy and transport. Two Turkish banks, the largest private Bank “IŞ” and the largest state-owned bank “Zyrat”, voiced interest in opening banks in Montenegro. This supports the serious intentions of Turkish business people to make investments in Montenegro, but is also a necessary factor for increasing competitiveness in the Montenegrin market and for starting banks' lending activities.
By implementing capital investments, Montenegro enters a new investment cycle in 2014. Many EU member states, as well as numerous growing economies such as China, Turkey, Azerbaijan, Qatar, are interested in investing in Montenegro. Turkey is one of the growing economies with low public debt, high growth rates and significant capital for investing outside Turkey.
This year’s summit is dedicated to global challenges and issues related to stable and sustainable use of natural resources.
Given the small size of the country, DPM Lazović stressed, Montenegro has great natural potential. Tourism, energy, industry and agriculture have been identified as top priority development sectors. By achieving sustainable development and growth in these four sectors, natural resources will be used to the citizens' benefit through the creation of new jobs and income growth, to the state’s benefit through its fiscal stability and to investors’ benefit through gaining long-term profit, he underlined.
On the sidelines of the summit, DPM Lazović met with Minister for Communication and Information Technologies in the Government of Azerbaijan Ali Abbasov. The two officials agreed that the relations that the two countries have developed to date will be an incentive for new investments in Montenegro. They also discussed the possibility of boosting mutual cooperation through the implementation of projects related to communication.
DPM Lazovic’s meetings with representatives of Turkish companies confirmed the fact that Montenegro has been recognised by Turkish investors as a country of comparative advantages in the fields of tourism, energy and transport. Two Turkish banks, the largest private Bank “IŞ” and the largest state-owned bank “Zyrat”, voiced interest in opening banks in Montenegro. This supports the serious intentions of Turkish business people to make investments in Montenegro, but is also a necessary factor for increasing competitiveness in the Montenegrin market and for starting banks' lending activities.
By implementing capital investments, Montenegro enters a new investment cycle in 2014. Many EU member states, as well as numerous growing economies such as China, Turkey, Azerbaijan, Qatar, are interested in investing in Montenegro. Turkey is one of the growing economies with low public debt, high growth rates and significant capital for investing outside Turkey.
Related articles:
Prime Minister Spajić presents Barometer 26 Nov 21, 2024
Is this page useful?