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5. August 2002 |
Portman - Serbia, Montenegro need favorable investment environment
WASHINGTON - Serbia and Montenegro need a greater foreign investment influx, which would grow parallel with the reduction of foreign assistance, in order to encourage the opening of new jobs and productivity increase, World Bank director for South-East Europe Christian Portman has said.
Stressing the need for separating foreign donations from private investments, Portman said that private investors unfortunately could not be compelled to invest, but that a suitable environment would have to be created in order to attract them to invest freely.
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