President Meta at the SCAN Forum: Platform of concrete ideas on regional economic cooperation

The President of the Republic, Ilir Meta, has highlighted the need to establish a common economic area between the Western Balkan countries as a message about the potential of a market with over 20 million consumers.

In his speech at the Tirana Economic Forum, organized by SCAN media group, President Meta said that “the smartest and the most long-term strategy would be to create synergies between our countries to design a unified form of strategic investment where the entire region is seen as a single market for the multinational corporations or for major projects with an impact on the region.”

During his speech, the President positively assessed the creation of the first private securities exchange in Albania ALSE, which, according to him, is a necessity for the new stage of the economy and an excellent investment opportunity for individuals and businesses.

“In a free market economy, the banking system and capital markets function as two lungs of an organism. Unfortunately, in the absence of a bourse, the Albanian economy operated … below its capacity and potential. Under these conditions, the creation of the private equity market is a development potential and a necessity for the new stage of our economy that we want to achieve because it affects diversification and lowers the cost of financing resources for companies and increases efficiency through increased competition in the financial sector. Also, it is a great opportunity of financial investment for our citizens,” Meta said.

In his speech, Meta positively assessed the forum organized by SCAN, pointing out that it should serve as a platform for concrete ideas on regional economic co-operation and addressing common challenges.

SCAN

*Material i përgatitur nga portali SCAN. Ripublikimi mund të bëhet vetëm kundrejt citimit të autorësisë dhe burimit origjinal.