Date: 01/09/2010

AmCham met with US Congressional Delegation

Members of the US Congressional delegation and AmCham Board of Governors met to discuss doing business in Serbia. The meeting was hosted by the Ball Packaging Europe at their production plant and participants enjoyed a tour of the facilities.

The meeting started with an AmCham presentation about doing business in Serbia that covered basic economic indicators, investment incentives and business environment rankings in different international comparisons. The remainder of the discussion revolved around investment experiences, responsiveness of the Government to the needs of large investors, main strengths and weaknesses of Serbia as an investment destination and comparative perspectives vis-a-vis other Eastern European countries. As a key advantage for investing in Serbia, AmCham representatives citied the well educated workforce (especially engineers), while the key challenge, with significant room for improvement, remains cutting red tape across the board.

US Congressional delegation consisted of five Congressmen: Mr. William D. Delahunt, Mr. Danny Lee Burton, Mr. Mike Turner, Mr. Stephen Ira Cohen, and Mr. Jeff Flake. The group was accompanied by HE U. S. Ambassador to Serbia Ms. Mary Burce Warlick and officials from U.S Embassy Economic and Commercial Sections.

On the other side, AmCham delegation consisted of AmCham President and General Manager Philip Morris International, Mr. Skip Bornhuetter, AmCham First Vice President and Country Manager of Microsoft Serbia, Mr. Vladan Živanović, AmCham Second Vice President and General Director of U. S. Steel Serbia, Mr. Matthew Perkins, AmCham Board member and General Manager of Merck Sharpe and Dohme, Mr. Gabriel Dina, AmCham Board member and Deputy Chairman of Managing Board of Raiffeisen Bank, Mr. Zoran Petrović, Chairman of the Executive Board of Hypo Alpe-Adria-Bank, Mr. Vladimir Čupić, and Regulatorry Affairs Manager of Ball Packaging, Mr. Miloš Uzelac.