Kosovo
Kosovo is a small country of 11000 square km and a population less then 2 million of people. Although it possesses rich mineral resources, agriculture is the main economic activity because of decades of under-development. Kosovos’ authorities and enterprising communities, including Kosovans in the diaspora, were able to kick-start an economic recovery in the years following the 1999 conflict. Kosovo is one of only four countries in Europe that has recorded positive growth rates in every year of the post-crisis period since 2008. The growth in 2015 is estimated at 3.6 percent, largely reflecting the solid increase in contributions from private investments by 4.2 percentage points and the positive contribution of consumption of 0.9 percentage points, fueled by foreign direct investment (FDI) and workers remittances. The next few years could establish Kosovo firmly on the road to a stable and prosperous future, in which its far-reaching development aspirations are fulfilled. On October the 27th 2015, the prime minister of Kosovo, Isa Mustafa, has signed the stabilisation and assocation agreement for a closer economic and political collaboration with the European Union. One step down the road towards EU-membership.
Kosovo is attractive for foreign investors due to:
– The liberal trade regime
– Its geographyis strategic because of Kosovo’s position in the heart of the Balkans
– Strong infrastructure
– The young population
– Low operating costs
