At a panel session on economics at the London Economist Summit, the President of Macedonian Chambers of Commerce (MCC), Danela Arsovska, along with World Bank Country Manager in Macedonia Marko Mantovanelli and the President of the Federation of the Federation of Germany ), Atanassiso Savakis, discussed the possibility of the Western Balkans developing as a business hub, with a particular emphasis on attracting investment in the region, infrastructure connectivity, and the opportunity for economic growth through innovation.

Responding to the three topics, Arsovska pointed out that the approach of the countries of the region, including Macedonia, to get ghettoized in the Western Balkans was wrong.
“The Western Balkans as a ghetto bring no more opportunities for success, neither for states individually nor as a region, and this approach has not worked. To enable development, Macedonia needs to be integrated into the European Union as soon as possible, rather than being part of the Western Balkans as a blind spot in Europe. It is the only way to enable us to participate equally in the single economic market, but also to access and open ourselves to and to global markets. The date for integration should be transparent and certain, as well as the unreserved support in implementing structural economic reforms. What is a challenge for all Western Balkan countries is that they are competitors to each other even though they are traditionally the best trading partners together with Western European countries. The second common challenge for the economic development of the region is the rule of law, more precisely, the biggest gap according to the World Bank indicators between the EU countries and the Western Balkans is the rule of law, fight against crime and corruption, “Arsovska said.

She added that by removing barriers that hinder the growth of companies in the countries of the region, it would create an opportunity by fostering entrepreneurship and innovation, creating new jobs and harnessing the potential of human capital that is key to achieving economic growth. growth.
Arsovska pointed out that infrastructure projects are long-term investments that will connect the region to the world, with the conditions for progress through a common regional market of over 20 million to make the region more competitive, but also for each country individually, given that we are individually small. markets, and by harmonizing investment policies will allow foreign investors to operate freely in the region.

Prime Minister Zoran Zaev, SYRIZA Leader and former Greek Prime Minister Alexis Tsipras, Foreign Minister Nikola Dimitrov, former European Parliament Speaker Martin Schulz and former US Assistant Secretary of State Martin Schulz were also at the one-day summit. former Belgian Prime Minister Guy Verhofstadt.
Last year, the EU-Western Balkans Summit was held in Belgrade, where President Arsovska participated in a panel session dedicated to the region’s sustainable path to economic development, previously in Podgorica, Vienna, Bucharest and other European centers.