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Montenegro and France have a lot of space for cooperation and investments

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Montenegro and France have a lot of space for cooperation and investments, assessed Prime Minister Milojko Spajić and representatives of the French business association MEDEF.

During the meeting, which was attended by officials of numerous ministries and French companies, Spajić expressed the intention of the 44th Government to transform and diversify the economy, which is why cooperation with the most successful companies is needed, which MEDEF members certainly are.

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The Prime Minister’s Office announced that the development of bilateral relations between Montenegro and France will be based on four pillars defined in the umbrella strategic document, which Spajić discussed with French President Emmanuel Macron on Monday.

“That’s why today’s conversation with the leaders of the most successful French companies is a continuation of the strengthening of ties between the two countries, and the common message is that there is a lot of room for cooperation,” the announcement states.

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There was talk about the need for additional promotion of Montenegrin investment, tourist and other economic potentials in France, and in this context an invitation was sent to the leaders of companies and institutions to visit Montenegro.

“They also discussed concrete infrastructure projects, which should enable a significantly faster, even and sustainable development of Montenegro,” the statement added.

In the focus of the conversation were tourism, hotel industry, economy, business and cyber security.

It was established that there are numerous benefits for foreign investments, and the business environment in Montenegro will further develop through the initiated reforms.

The presence of several French companies in successful projects in Montenegro was also highlighted, and MEDEF proposed the continuation of discussions through connection with the Chamber of Commerce of Montenegro and local companies.

MEDEF is the largest and most important French business association that gathers 7,1 thousand companies and 85 business councils. MEDEF carries out its activities in over 120 countries, and its partners include, among others, the World Bank, the European Bank for Reconstruction and Development, as well as AFD and Proparco.

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