Zeka: delay in institution formation harms economy, burdens private sector

Zeka: delay in institution formation harms economy, burdens private sector

Delays in the formation of new institutions, such as Parliament and Government, have a harmful impact on the private sector and the country's economic development. So says the executive director of the American Chamber of Economics in Kosovo, Arrian Zeka, until it underlines that even the unresolved political issue between Kosovo and Serbia, follows to be the most [...] problem.

Parliamentary elections in Kosovo were held on February 9th. The first party out of these elections has emerged Vetevendosje, the second PDK. While, the third LDK and the AAK-Nisma coalition are ranked fourth. After publishing final results.

In an interview for Kosovo Press, Zeka says investors -- both domestic and external -- seek a political stability and an executive and legislative power clear to ensure a favourable environment for investment and economic development.

“Investors, both internal and external, require political stability, regulatory clarity and demand an executive power, and legislative power that they can work with, can share their concerns and which they can offer their recommendations so that the same recommendations can improve or be implemented then... whatever delay is in converting the Assembly but also creating the new government would be problematic for private sector companies, as well as for the country's economy”, Zeka says, Kosova priss.

Zeka also underlines that the unresolved political issue between Kosovo and Serbia continues to remain one of the main problems hindering Kosovo's progress, affecting, as he says, the overall development of the country and the Western Balkan region.

“As regards the quality of reports between the US and Kosovo, it has been said by the past administration several times that quality has deteriorated, especially in the last period. The United States has asked Kosovo for nothing more than to implement the pledges it has made over the past years, including the Ohrid Agreement and the technicalities that have resulted from the agreement. For which of course, the Government of Kosovo and the state of Serbia have not been too willing to implement. We share the same view with the US government and other international partners that this issue between Kosovo and Serbia, the unresolved issue follows to be the biggest problem for Kosovo, and therefore no apparent progress can be had as long as such a problem rests on Kosovo and on all Western Balkan states, which at the same time are at the bottom of the list of states within the continent of Europe in terms of the level of economic development<1>, Zeka says.

While he also talked about reports between the United States and Kosovo. According to him, there is no innovation, no guidance, or any other decision that could affect reports between the US and Kosovo.

There is currently a continuation of policies which the previous administration has applied to Kosovo. There is no innovation, guidance, or other decision that could affect reports between the United States and Kosovo. We've seen it probably even in the case of Bosnia and Herzegovina, I don't know how right it is to draw such a parallel. However, the US State Department has issued a statement condemning the actions of one side aimed at undermining Bosnia and Herzegovina's functioning according to the principles of the Dayton Agreement. Which means that, if we draw a similar parallel, the US administration can have the same approach to Kosovo, as it has applied in recent years”, Zeka says.

He also criticises the lack of an efficient dialogue between the public and private sector, citing that the American Economic Oda has handed over to institutions over 70 legal comments and recommendations over the past four years, but many of them according to him have not been taken into account.

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