Davor Vuletić, president of the FPI BH Assembly was a panelist at a regional economic conference in Belgrade titled Western Balkans 2030 – Visions, Wishes, Realities…
He used this opportunity to point out that the Western Balkans (WB) economies are, for the most part, part of the EU economy due to the expansion of the EU legislative framework to the WB which influences the modalities of economic development of this region such as technical standards, competition and state aid legislation. EU integration is the basic vector of movement for the region, and trade with the EU is dominant, however, potentials of developing economic relations and more intense business cooperation with China, Russia and Turkey.
Development of transport and energy infrastructure by 2030 could have a pivotal role in the development of the region with smart investments in research and education. The train of thought in the EU member countries is similar to this. Vision of the Western Balkans for 2030 is a full EU membership, yet in economic sense, Western Balkans could remain the outskirts of the EU due to its low competitiveness when compared to the more developed EU member states.
The Conference participants were representatives of political life, regional initiatives, international organizations, German and regional businesses and civil society organizations.