Date: 18/10/2006

Five Years Anniversary of AmCham in Serbia

New look for a new AmCham

The American Chamber of Commerce (AmCham) marked its five-year anniversary in Serbia last Wednesday, October 18, by organizing the traditional business luncheon with US Ambassador in Belgrade Michael C. Polt as the honorary speaker. The event brought together over 150 top leaders of AmCham member companies in the modern, corporate venue on the top floor of Usce business center.

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"Today,five years after its constitution, AmCham comprises a strong network ofalmost 170 leading international and local companies, a significantshare of the GDP, a high stake in the fiscal revenues, sustainableemployment, fresh investments and positive side-effects for ourimmediate communities", AmCham President stated.

"AmChamtoday is strongly committed to become the premier business associationin the country, a strategic voice to the Government in the transitionprocess of Serbia towards the Euro Atlantic integration, and a centerof expertise for member companies. AmCham rides the change and we willnot wait for it to happen."

Ambassador Polt praised the role of AmCham in economic recovery ofSerbia and its efforts to become a leader of change in the businessenvironment. Addressing the state of affairs in the economic andpolitical arena, the Ambassador noted that Serbia and its leaders mustmake important decisions to resume EU integration, boost investorconfidence and further develop country's economy.

Since cooperation with The Hague Tribunal remains high on the agenda ofU.S. Government, Ambassador Michael C. Polt stated, fulfilling thisinternational obligation for Serbia would mean the ability to "resumeStabilization and Association Agreement (SAA) talks with the EU, tojoin NATO's Partnership for Peace program, and continue towards fullNATO membership". "The coming months will call for unequivocaldecision. How decisive Serbian leaders and citizens are will determinewhether the future will bring "opportunity realized" or "opportunitylost", Polt told the gathering.

The event receivedsignificant media attention and was covered by several national mediaoutlets including RTS, Studio B, Vecernje Novosti, Beta, Tanjug, etc.For more materials, please visit www.amcham.rs .