Kosovo Women's Economic Chamber concerned with US decision on Kosovo

Kosovo Women's Economic Chamber concerned with US decision on Kosovo

Kosovo Women's Economic Chamber G7 has expressed concern over the recent statement by the US Embassy in Pristina, praising that political tensions and full institutional dysfunction can produce serious consequences for the country's stability and economic development. Kosovo's economic development, according to G7, [...]

Kosovo Women's Economic Chamber G7 has expressed concern over the recent statement by the US Embassy in Pristina, praising that political tensions and full institutional dysfunction can produce serious consequences for the country's stability and economic development.

Kosovo's economic development, according to the G7, is inseparable by rule of law, the stable functioning of institutions and full respect of constitutional standards.

“In the absence of such an environment, foreign and local investments suffer decline, companies face numerous barriers, and market confidence in Kosovo is significantly damaged. A climate of political uncertainty not only slows reform processes but also lowers the country's competitiveness level in the region and compromises prospects for sustainable development. In this context, small and medium-sized enterprises, which make up the basis of the economy, are most exposed to the consequences of instability”, the G7 says in a response sent to the media.

On the other hand, it points out that especially women-led companies face significant challenges in providing access to finance, long-term investment planning, and expanding their capacities.

“These restrictions pose a direct risk to economic growth and prevent the country's full exploitation of the development potential”, it said in that response.

According to G7, any weakening of relations with these strategic partners would have significant consequences, delaying implementation of development projects and reducing opportunities for financial and technical support.

The G7 appealed for continued active and constructive engagement of international partners, particularly the United States of America and the European Union, in support of Kosovo's stable stability and development.

America turns its back on Kosovo, because of Albin Kurti

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