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NEWS

11. 4. 2017

Third session of the Joint Commission for Economic Cooperation between Slovenia and Montenegro

Ljubljana, 11 April 2017 – Ljubljana hosted the third session of the Joint Commission for Economic Cooperation between Slovenia and Montenegro, co-chaired by Minister Erjavec and Milutin Simović, Deputy Prime Minister for Economic Policy and the Financial System and Minister of Agriculture and Rural Development of Montenegro.
 
During the bilateral talks accompanying the session, the two counterparts commended the excellent relations between Slovenia and Montenegro, which provide a firm basis for consolidating all-round cooperation. Despite encouraging trade indicators, which confirm the positive economic ties, many opportunities remain untapped. The six working groups of the Joint Commission identified areas of common interest and proposed activities to foster further cooperation.

Following the overview of the current economic situation and of bilateral cooperation thus far, the Joint Commission discussed promising areas for economic cooperation between Slovenia and Montenegro, particularly agriculture, the environment, digitalisation, tourism, transport and infrastructure, and health, and adopted guidelines for the future development and bolstering of cooperation in individual areas. The two delegations presented the investment environment of their respective countries, and the Montenegrin side outlined the country's plans in the energy sector, focusing on hydroelectric facilities.
 
The session was accompanied by several bilateral meetings between ministers, chambers of commerce and industry, representatives of institutions, and companies. An Action Plan was signed for the implementation of the Memorandum of cooperation between the Ministry of Agriculture, Forestry and Food of the Republic of Slovenia and the Ministry of Agriculture and Rural Development of Montenegro for the 2016–2021 period. The two chambers of commerce and industry also signed a Letter of Intent concerning, among other things, cooperation and assistance to the Montenegrin side in introducing electronic invoices in everyday business practice.

At the closing of the session, the two co-chairs signed the session Protocol, which will serve as the basis for further economic cooperation between the two countries.