Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-01-18-Speech-2-040-000"
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"en.20110118.5.2-040-000"2
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"Madam President, given the Council’s conclusions on the progress made by Serbia in the area of reforms, we should congratulate this country, but unfortunately, some matters give us concern. As Serbia takes steps towards the European Union, a huge effort must be made in certain areas, in particular, the improvement of the business environment in Serbia. The experience of Lithuanian investors raises reasonable questions over the business environment and the protection of investments in Serbia. The Serbian Government accused Lithuanian companies, which had invested EUR 34 million, of default and, in violation of the agreement between Serbia and Lithuania providing for investment promotion and mutual protection, terminated the privatisation contract. Serbia must find means of ensuring transparency and a predictable environment for business, and deal with bureaucratic restrictions, legal uncertainty and similar issues. It goes without saying that we support Serbia’s goals of integration into the European Union and hope that Serbia will deal with problem issues."@en1
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