AmCham hails the establishment of the Commercial Court by fall

Prishtina, July 8, 2020 – Given how important strengthening the rule of law and commercial justice in particular is for foreign and domestic investments, the American Chamber of Commerce in Kosovo welcomes the commitment of the Ministry of Justice to push forward the initiative for a functional review of the rule of law sector.

In this regard, AmCham views the statements of the Ministry of Justice for the finalization of the legislation for the establishment of the Commercial Court by fall 2020 as encouraging, due to the currently low efficiency and delays in handling cases of a commercial nature, which the private sector in Kosovo faces.

AmCham considers that providing a quick and professional mechanism for resolving business disputes would improve contract applicability and increase the security of doing business, thus improving the image of Kosovo in front of foreign investors.

The American Chamber of Commerce in Kosovo also welcomes the plans to create a special division for handling disputes of foreign investors, which would inevitably affect the growth of foreign investments and accelerate the economic growth of the Republic of Kosovo.