04 Sep 14
Montenegro Press Review – September 04, 2014
Prime Minister Milo Djukanovic attends Wales NATO summit. Montenegro second most competitive country in the region. Cooperation is the condition for the regional overall progress.
Upon the invitation of the Secretary General of NATO Anders Fogh Rasmussen, the Prime Minister Milo Djukanovic departed on Wednesday to Cardiff, where he will participate in the 26th Summit of the Alliance on September 4 -5. The Summit, as it was announced by the government, would bring together the world’s leading leaders. “British Prime Minister David Cameron is a host. It is expected participation of leaders and ministers of 60 countries. Prime Minister Djukanovic will attend the meeting on Afghanistan to be held at the level of heads of delegation on the occasion of the end of the ISAF mission. Summit in Wales will be an opportunity for bilateral meetings and discussions on the progress of Montenegro in the Euro-Atlantic integration, ” the Cabinet said in a statment.
The Global Competitiveness Report 2014-2015 issued on Wednesday by the World Economic Forum (WEF), ranked Montenegro 67th globally according to global competitiveness indicators. That makes Montenegro the second most competitive country in the region according to the Report, after Macedonia (63rr). Switzerland is the most competitive economy in the world. Montenegro is placed in the second stage of development – efficiency-driven economies – which is higher than the first stage (factors-driven) and lower than third stage (innovation-driven). The most problematic factors for doing business in Montenegro, the report reads, are access to financing, corruption, poor work ethic in national labour force, inefficient government bureaucracy, inadequate supply of infrastructure, insufficient capacity to innovate, and inadequately educated workforce.
Regional cooperation of the Western Balkans is important not only in the context of integration into the European Union, but it is the basis of stability in the region and the condition of its overall progress, the State Secretary for European Integration, Aleksandar Andrija Pejovic, said on Wednesday. He participated in the Bled Strategic Forum, which was organized by the Slovenian Ministry of Foreign Affairs and the Centre for European Perspective. Pejovic emphasized the importance of establishing and strengthening trust and cooperation in the field of rule of law, economic governance and infrastructural connection of the region.
Source: Balkan Insight (Montenegro)