Monday, September 19, 2005

Kosovo[Kosova] business environment “friendly”

PRISTINA -- Monday – The business environment in Kosovo[Kosova] ranks among the most friendly in Eastern Europe according to a study based on the World Bank’s Doing Business index.

The study, by Kosovo researcher Integra, was commissioned by the Kosovo Cluster and Business Support project which is financed by USAID, Washington’s Agency for International Development, the US office in Pristina said today.

"This report will encourage much needed foreign investment by educating the global markets as to the true nature of Kosovo's business environment. It also gives policymakers and business interest groups better intelligence as to where they should focus their efforts for future improvements," the USAID's Kosovo mission director, Ken Yamashita, said in the statement.

The Doing Business index is a ranking of the economy of 155 countries throughout the world. It uses a set of indicators related to business start-up, operation, trade and taxation, analysing the time and cost needed to meet various government requirements. B92 and RTK

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