AmCham hosts a forum on the importance of the electronic signature for the private sector

Prishtina, December 22, 2023 – The American Chamber of Commerce hosted a panel discussion on the path forward functionalization of the digital signature in Kosovo, featuring Deputy Minister of Economy, Getoar Mjeku; Gazmend Selmani from PBC; Shpend Nura from KEP Trust, and Mergim Cahani from Gjirafa.

In his opening remarks, Arian Zeka, Executive Director of the American Chamber, underlined the importance of the law and the effective implementation of electronic signatures. Zeka emphasized the impact of the absence of secondary legislation on business activities in Kosovo for few years. He announced that finally there seems to be some positive developments that will benefit the private sector in Kosovo.

Gazmend Selmani from PBC, who also moderated the event, shared PBC’s experience in the digital signature development process. Selmani elaborated on PBC’s investment in EU countries to develop electronic signatures and the subsequent certification process both in the EU and Kosovo.

Deputy Minister of Economy, Getoar Mjeku, highlighted the shared objective of creating facilities for citizens and businesses through discussions of this nature. Mjeku acknowledged the potential for technological development in Kosovo’s predominantly young population and discussed initiatives like the Digital Agenda, approved earlier this year. The law on electronic identification and trusted services in electronic transactions, based on EU practices and laws, was approved at the end of 2021. Mjeku expressed gratitude to local companies for contributing to the development of systems and technological infrastructure, including the e-Kosova system.

Shpend Nura from KEP Trust outlined the motivation behind discussing this topic, citing obstacles encountered by KEP and the Gjirafa company in implementing agreements for improved service provision. Nura stressed that the use of digital signatures in the financing sector would expedite processes, reduce operational costs, and enhance citizen access to finance.

Mergim Cahani from Gjirafa emphasized the apparent significance of digital signatures in increasing income, streamlining processes, saving time, boosting productivity, and facilitating international collaborations.

The discussion included valuable insights from various participants who expressed requests for additional clarifications from the Central Bank of Kosovo (CBK) and public institutions regarding electronic signature procedures. Participants also called for education on electronic signature usage across all stakeholders and urged the government to employ digital signatures in its decisions and acts as a means of communication with citizens.

This discussion highlighted the collaborative efforts between the public and private sectors to harness the benefits of digital signatures, ultimately fostering a more efficient and technologically advanced business environment in Kosovo.