The Foreign Investors Council (FIC) Serbia has unveiled its White Book 2024, a strategic document offering recommendations to improve Serbia’s business climate and foster alignment with European Union standards.
Highlighting progress and challenges, the report underscores the critical steps needed to drive economic growth and advance Serbia’s EU integration.
Launched in Belgrade by FIC President Mike Michel, alongside EU Ambassador Emanuele Giaufret and Serbian Prime Minister Miloš Vučević, the White Book outlines priority areas for reform. These include taxation, labor regulations, digitalization, real estate, environmental protection, and combating the informal economy. The accompanying FIC Index 2024 scored Serbia’s business environment at 1.30, with progress in only 23% of areas and no improvement in 73%, underscoring the need for urgent action.
EU membership remains central to Serbia’s economic strategy. Michel and Giaufret highlighted the Growth Plan for the Western Balkans as a crucial opportunity to accelerate reforms and bridge socio-economic gaps with the EU. Giaufret called EU expansion a “geopolitical imperative,” urging Serbia to act decisively.
With 118 FIC member companies across 23 sectors, the council emphasized that sustainable progress hinges on embracing reform and strengthening ties with the EU. The White Book 2024 serves as both a reflection of current challenges and a roadmap for Serbia to achieve lasting economic transformation.
