High business standards on the way to EU membership

For the stronger growth of the Serbian economy, it is essential to continue the approach to the European Union and the harmonization of business standards in the region, the strengthening of economic and bilateral ties with Germany, to which around 3,000 domestic companies export, and all with the aim of faster accession of our country and the Western Balkans to the European Union, said is today at a meeting between Anette Kramme, State Secretary of the Federal Ministry of Labor and Social Affairs of Germany, and Mihailo Vesović, Director of the Sector for Strategic Analysis of the Serbian Chamber of Commerce (PKS).

"The Chamber of Commerce and Industry of Serbia is a leader in regional integration and plays an important role in the Berlin process. Our goal is for the Western Balkans region to have a free flow of people, goods, services, and capital, and that is why we are advocating for the harmonization of business standards in the Western Balkans with the EU so that they all become part of the European Economic Zone as soon as possible," said Vesović.

Vesović pointed out that our economy, in the context of the new German regulation, the Law on Due Diligence in supply chains, as well as future regulations in this area at the EU level, has largely harmonized business standards, and that the domestic economy needs support in the sphere of green transformation.

He states that PKS is preparing a series of trainings that will cover all current topics in the field of Green Transition, which will be organized in cooperation with the PKS Business Academy, Center for Environmental Protection, and Center for Circular Economy.

The State Secretary of the Federal Ministry of Labor and Social Affairs of the Federal Republic of Germany, Anette Kramme said that the common goal of all EU members is the joint application of regulations and directives and the achievement of high standards in the sphere of work and democracy, both in the member states of the Union and in the candidates for joining the EU..

"The European Union, like Germany, stands for stability," Kramme pointed out, assessing that the entry of Serbia and the region into the European Union is more likely if the goals and values of the EU are achieved.

The Chamber of Commerce and Industry of Serbia and the German Organization for International Cooperation (GIZ) launched the first service center (Responsible Business Hub- RBH), in order to improve the ability of suppliers in our country to adapt to the new regulations and requirements of the Law on Due Diligence and future regulations in this area at the EU level.

In the coming period, the Serbian Chamber of Commerce will, through the activities of the Hub, continue to work to help the economy in areas related to risk analysis and identification of the greatest risks in certain branches of industry, sources of green financing, education on all topics from the green transition and support to companies in hiring responsible persons which will monitor the processes of business implementation in the sphere of Due Diligence and other directives at the EU level.

PHOTO: Boban Ristić