Prishtina, June 8, 2023 – Resolving tensions and fostering a peaceful and stable environment are essential for creating a favorable business environment that can attract investments and support sustainable economic growth in Kosovo.
Investors seek safe and stable environments for their businesses however, ongoing tensions can undermine confidence in Kosovo’s economic prospects. Tensions and clashes create an atmosphere of uncertainty and unpredictability, which deters potential investors. Therefore, the American Chamber of Commerce in Kosovo expresses its concerns about recent developments and the lack of will of the Government of Kosovo to coordinate its efforts with international partners, including the USA and the EU.
The American Chamber of Commerce wishes to reiterate that the United States has been a staunch supporter of Kosovo’s independence and has played a key role in establishing it as a sovereign state. Through diplomatic efforts, the U.S. has continuously advocated for the recognition of Kosovo by the international community, promoting its integration into global institutions and promoting its economic and political development.
Likewise, the U.S. has been a vital partner in advancing Kosovo’s aspirations for European integration, advocating for visa liberalization and supporting the country’s progress towards membership in the EU. The USA is the number one market in the world for Kosovo’s products, and at the same time, many American companies actively contribute to the country’s economic development in sectors such as construction and real estate, energy, health and information technology. The United States Government continues to provide direct financial support to Kosovo through its Agency for International Development (USAID) and the Millennium Challenge Corporation (MCC).
Similarly, the European Union also plays a crucial role in supporting Kosovo’s political and economic development, providing financial assistance, technical expertise and guidance for reforms in various sectors. Access to EU funds and programs facilitates infrastructure development, job creation and improvement of public services.
Therefore, taking into account the impact that the current situation has on socio-economic developments in general, and on the private sector and efforts to attract investments in particular, the American Chamber of Commerce in Kosovo asks the Government of Kosovo to immediately consider the calls from USA and EU for the de-escalation of the situation in the north of the country.