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The Western Balkans leaders endorsed an action plan for economic integration in Trieste

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The six Western Balkans countries, among which is Macedonia, endorsed the Multi-annual Action Plan on a Regional Economic Area in the Western Balkans (MAP), at the summit in Trieste today, announced the Regional Council for Cooperation that is authorized to monitor the whole process.

The MAP’s goal is to enable an unobstructed flow of goods, services, capital and highly skilled labor, making the region more attractive for investment and commerce, accelerating convergence with the EU.

The MAP actions are designed to help the private sector reap the economies of scale of a 20 million market, and refocus the growth model towards more indigenous, long-term driven growth. The actions are focused on the promotion of further trade integration; introduction of a dynamic regional investment space; facilitation of regional mobility and creation of a digital integration agenda.

The monitoring of the progress and the realization of MAP are tasked to the Regional Cooperation Council (RCC) together with CEFTA.

RCC’s General Secretary, Goran Svilanovic has expressed his contempt that they have received the task to monitor the process.

– “Six WB leaders expressed their full commitment to implement the MAP. This will provide an important impetus to the EU accession paths based on individual merits, speed up full compliance with the Copenhagen economic criteria and unleash greater economic potentials” said Svilanovic.

The press release states that the Western Balkans leaders have called upon the international organizations and donors to support the reforms in the areas that are predicted by MAP, its programs for aid to adapt with MAP. For this purpose, until the end of 2017, a Conference devoted to a coordination with the donors should be organized.

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