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Investment Compact Beitrag 2010
Short Description:
Overall goal
The Investment Compact is an initiative under the Stability Pact for South East Europe.
It is a regional programme designed to improve the investment environment and encourage private sector development in SEE. This region includes Albania, Bosnia Herzegovina, Bulgaria, Croatia, FYR Macedonia, Moldova, Montenegro, Romania, Serbia and Kosovo.
The Investment Compact promotes policy reform and implementation in SEE. It promotes shared policy commitments in the whole region and delivers practical tools such as the Investment Reform Index (IRI), which uses collaborative benchmarking to evaluate where countries stand on investment reform. The Investment Compact also supports the design and implementation of policies through regional and country-specific advisory projects that address the most important weaknesses identified by the IRI.
The importance Austria attaches to the Investment Compact is stressed by its long-lasting engagement. Furthermore, Austria, represented by the Ministry of Economy, Family and Youth, is co-chairing the Investment Compact which ensures participation in strategic and policy matters of the Investment Compact.
By 2010 the Investment Compact will cede its agenda to the RCC (Regional Cooperation Council).