Financial Agreement Signed Between Kosovo and America

“The DFC is pleased that Kosovo and the United States signed the Investment Promotion Agreement, strengthening the US commitment to expanding financial tools available for the development of Kosovo's economy, especially its private sector, said John Jovanovic (Jon Jovanovic), DFC deputy chairman and managing director for the Western Balkans and the Aegean. „We see great potential for The DFC to help mobilise investments that create jobs and support development for the people of Kosovo, Jovanovic added.

In the media communiqué by the American Embassy in Kosovo, it says that the US “Law requires every state, including Kosovo, to link investment promotion agreement (IIA) with the US to offer its full range of financial products, including debt financing, investment in equity, political risk insurance and grants for technical assistance”.

Today's signing follows the visit by Adam Boehler (Adam Boler), chief executive chief of the DFC, to Kosovo in September. During that visit, Boehler had signed a joint statement with Prime Minister Hoti for expanding the focus of DFC investments in Kosovo for strengthening transport, energy, technology and other industries infrastructure.

Launched in 2020, The DFC co-operates with the private sector to finance solutions to the most serious challenges facing the developing world today. It invests in various sectors, including in the energy sector, health care, basic infrastructure and technology. The DFC also provides financing for small businesses and women entrepreneurs to create jobs in developing markets. All its investments adhere to high standards and respect the environment, human rights and workers' rights.