3 C
October 26, 2021

98th year of independence

By Dr. Luan Topciu, Chargee d’affaires of the Embassy of Albania

On November, 28, it is the 98th year of the independence of Albania. The 2010 is almost over. It is the case to put into a balance and to conclude that the 2010 was a successful year.

Like in many countries, the Albanian economy has not been affected by economic recession. According to the latest data published by the National Institute of Statistics, occurred a growth in the second semester of 2010, the economy grew up by 3.3 percent compared with the second semester of 2009. (…)
Although, Albania is a small country, it is very rich in sources and great potentials which welcomes the investors of the EU and other countries. This fact is an important element in the unstoppable process of the integration in EU.

(…) Foreign investors have the opportunity to invest in Albania, in a small country with great potentials. Establishing a proper economic-financial framework, it is made possible to bring Albania in the international business focus, ranking it among the first countries for the growth of the commercial loans rate. Applying the flat tax rate, foreign investments will pay a 10% rate, and not a 40% or 60% rate that these investors have to pay in their home countries.

On November 8, EU Council of Interior Ministers it was decided, to settle the free visa regime for Albanian citizens to the Schengen area.

The Albanian government considers tourism as a priority of the national economy. (…)
Friendly relationships between Albania and Romania have already established a historical tradition. As both ancient nations of the Balkans, these two countries were characterized from spiritual bonds sensitive in culture influence, language and customs. Political relations are constructive and close, thus contributing through values, not only in bilateral exchange, but in the stability, peace and security in our region.

Several international companies, which perform their activities in Romania, seek to expand their activity in the Balkans region.

It should be noted that the relations between the two countries, are focused and take an important place in the defense and security operations. Within NATO, our armies participate in several joint operations, not just the drive, but also those of peacekeeping operations in crisis regions. Also, in the fight against terrorism, clandestine trafficking and corruption, our governments, the specialized organs belong to the same coalition, with timetables and actions coordinated. The total volume of trade between Romania and Albania is still at a very low and below expectations. Commercial exchanges reached the amount of USD 44.44 M, during the first 8 months of the 2010, reaching a 52.5 pc growth more than the same period of the last year. We hope that the lifting of visas for Albanian citizens will increase the number of visitors, businessmen and tourists Albanians in Romania. The free movement of people will bring a new impetus in the development of economic relations between the two countries. (excerpts)

Related posts

MAE: Romania’s ambassador to Pakistan, slightly injured in airplane crash, did not need hospitalisation

Nine O' Clock

Egypt’s ex-Tourism Minister Zuhair Garranah ‘jailed’

Nine O' Clock

Netanyahu: Palestinian statehood bid at UN bound to fail

Nine O' Clock