Sunday, 15th June 2025

Foreign Investors Reaffirm Long-Term Commitment to Montenegro

Foreign investors emphasised that they seek stability and rule of law, not privileged treatment

At the annual assembly of Montenegro’s Council of Foreign Investors, held at Luštica Bay, members voted to extend Tamas Kamarasi’s mandate as president for another two years.

The Council also confirmed the reappointment of board members Branko Mitrovic (One Crna Gora), David Margason (Porto Montenegro), Remon Zakaria (EBRD), and Vasilis Panagopoulos (Jugopetrol AD), signalling a vote of confidence in the organisation’s current leadership.

Kamarasi stated that member companies had maintained a long-standing presence in Montenegro, positioning themselves not only as drivers of economic growth but also as socially responsible partners.

He noted that foreign investors were not asking for preferential treatment, but rather expected stability, efficient institutions, and a legal framework that ensured timely and fair dispute resolution, alongside consistent respect for contractual obligations.

These, he argued, were the foundations of a reliable and sustainable investment environment — one that Montenegro deserved.

He acknowledged the economic challenges facing the country but said the Council was responding proactively through concrete proposals, active committee work, and open dialogue with state institutions.

He pointed to Montenegro’s progress toward joining the SEPA payment system and its renewed focus on EU integration as encouraging developments. According to him, these moves sent a clear signal to investors that there was both space and political will to build a more competitive business climate.

The assembly also saw the presentation of the Council’s new report on foreign direct investment trends in Montenegro from 2018 to 2024.

Among those in attendance were Minister Naida Nišić, U.S. Ambassador Judy Reinke, and Nina Drakić, PhD, President of the Chamber of Economy of Montenegro.

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