RCC'S INVESTMENT COMMITTEE FOR SOUTHEAST EUROPE ADOPTED TWO-YEAR WORK PROGRAMME

The Southeast Europe Investment Committee (SEEIC) adopted its two-year Work Programme for 2012-2013 on 24th April in Sarajevo today, at the first meeting held under the umbrella of the Regional Cooperation Council (RCC) Secretariat.  

The Work Programme seeks to create and implement a common vision for economic development in South East Europe (SEE) by 2020; increase competitiveness of the region through supporting contacts between business companies; and present the region as an attractive investment destination.

Hido Biscevic, RCC Secretary General, emphasized that SEEIC could help the SEE governments come together around a set of regional headline targets that the Investment Committee can help formulate and implement.

The Ministerial Conference of November last year has empowered the SEEIC to engage in the SEE 2020 Vision building and has taken political commitments that we intend to pursue going forward. The SEE 2020 Vision opens up a possibility for regional initiatives to associate themselves more closely with the Europe 2020 strategy. It could also help provide a framework for intervention for the Multi-Beneficiary Instrument for Pre-accession Assistance (IPA), as well as for other donors engaged in regional interventions.”

In cooperation with the European Commission (EC), the meeting included a session on programming the regional component of the Instrument for Pre-accession Assistance (IPA), dedicated to private sector development.

The meeting brought together SEEIC members from the Region, national IPA coordinators, as well as representatives of international organizations, investment promotion agencies, donors and business community, reads the statement.