International business

This will help the export of the products

The investments planned for this year, amounting to 61.4 billion lei, represent an all-time high and can act as a catalyst for the relaunch of economic growth, said the representatives of the Foreign Investors Council (FIC), which welcomes the adoption of the budget by Parliament. FIC considers that the budget reflects a balanced vision that favors Romania's economic recovery.

Mainly driven by the economic fallout from the coronavirus pandemic, global foreign direct investment (FDI) in 2020 slipped by 42% year-on-year to $859 billion, according to the UN's trade and development body.

Ljubljana – The Economy Ministry has a list of 20 potential investors, foreign and domestic, who are considering investing in the country. They are planning ten major and just as many smaller investments. The ministry believes the pandemic could be an opportunity for Slovenia given its developed infrastructure and skilled labour.

Ljubljana – Atlantic Droga Kolinska, Belinka Perkemija, TKK and iSystem Labs were honoured on Wednesday as best foreign investors for their excellent business performance and contribution to the development of the Slovenian economy. The awards are given out annually by the SPIRIT investment promotion agency and the economy ministry.

Turkey has launched a new free-trade zone specializing in R&D, high technology, and high added-value activities, the nation's trade minister said on June 9.

The Trade Ministry will provide incentives for companies that take part in the zone such as tax exemptions, breaks on rent, and qualified employment support, Ruhsar Pekcan stressed.

A protest against the ratification of CETA - the trade agreement between Canada and the European Union.

The Comprehensive Economic and Trade Agreement (CETA) is a free-trade agreement between Canada and the European Union. It has been provisionally applied, thus removing 98% of the preexisting tariffs between the two parts.

Turkey's share in global foreign direct investments (FDI) can double in the long term with the help of its geographical location, young population and economic dynamics, the head of Turkey's Investment Office said on Jan. 29.

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Foreign direct investments (FDI) in Bulgaria over the first nine months of the year have more than doubled, according to the Bulgarian National Bank, Prime Minister Boyko Borissov wrote on his Facebook page.