Davenport: Management of economy should change fundamentally

BELGRADE - Serbia faces key reforms that are important for the future of the accession talks with the EU, head of the EU Delegation to Serbia Michael Davenport said on Friday, stressing that the next government was expected to conduct the reforms efficiently.

Serbia needs to change fundamentally how it manages its economy. It is key to base the reforms on the rule of law, Davenport said the 8th National Alliance for Local Economic Development (NALED) annual conference.

The next government should use the services of NALED, which will be involved in the talks with the EU.

Swiss Ambassador to Serbia Jean Daniel Ruch stressed that it was sad to see young people wishing to leave the country, and that their departure should be stopped.

He commended NALED on creating better economic conditions for investment and improving the efficiency of the local administration.

Deputy US Ambassador Gordon Duguid saod NALED was the champion of economic development and an organization that brought together a great number of businesses and organizations in helping to devleop the Serbian economy.

Photo Tanjug/S. Radovanovic