Albania joins regional accord to boost economic ties.

By bne IntelliNews March 31, 2010
Minister of economy Dritan Prifti and his counterparts from southeastern Europe signed in Istanbul , Turkey a regional cooperation agreement with the aim of helping sustainable development. The participants called for visa liberalisation and trade facilitations with the EU. Speaking at the summit, Prifti emphasized the country's annual economic growth of 3.9% last year, which was registered despite the global economic slowdown. He believes that GDP growth will accelerate up to 5% y/y this year. In addition, FDI inflows in the country have expanded by 59% y/y in 2009, which reflects the favourable business environment in Albania , according to the minister.

Related Articles

Albania calls tender for supervision of sewerage project.

Albania has called a tender to select a company to supervise the construction and supplies for a sewerage system and waste water treatment plant in Velipoja area, the European Commission informed ... more

Albania's govt approves changes in concession agreement for Devoll project.

The Albanian government has approved changes in the concessionary agreement for the Devoll Hydropower cascade, which formally enables Austrian EVN to exit from the project, the cabinets press ... more

Albanian parliament panel endorses EUR 12.7mn EBRD loan for dam safety project.

The economy and finance committee of Albanias Parliament has approved a EUR 12.7mn loan from the European Bank for Reconstruction and Development (EBRD) to be used to fund a project for upgrading ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335