Albanian 
Prishtina, September 29, 2021 – The continuous reformation of the legal framework in line with private sector recommendations is a prerequisite for an inductive environment for domestic investments and attractive to foreign investments. The American Chamber of Commerce in Kosovo urges the institutions of the Republic of Kosovo to pursue a dynamic legislative agenda, accelerating the drafting and adoption of the legal acts for the much-needed reforms.
AmCham recalls that due to the lack of political stability of the government in the recent years, a number of important legal acts have remained pending for adoption by the Assembly of the Republic of Kosovo for more than two years, such as the case with tax legislation, the one under electronic signature, and the establishment of the commercial court.
AmCham also believes that with the purpose of avoiding further deterioration of the negative perception that exists among foreign investors, a priority reviewing of applications for the status of strategic investor is needed. Foreign direct investments are important for the establishment of sustainable jobs and accelerated economic growth. Therefore, improvement of the offer, reduction of bureaucratic procedures, and shortening of processing times of investor inquiries are paramount in promoting the image of Kosovo as a country open to investors.
The American Chamber of Commerce believes that country’s legal framework should also reflect the new circumstances following the outbreak of the COVID19 pandemic, not only to respond properly to the difficulties the private sector is facing but also to address new global economic trends.
Lastly, the American Chamber of Commerce calls on the Government and the Assembly of the Republic of Kosovo, to strengthen dialogue with representatives of the private sector through existing mechanisms, as this provides for the addressing of recommendations of the private sector, and betterment of the investment climate.