 | |
| Formation | 28 February 2001 |
|---|---|
| Dissolved | 2016 |
| Type | Investment promotion agency |
| Headquarters | Belgrade |
| Website | www |
The Serbia Investment and Export Promotion Agency (abbr. SIEPA) was a Serbian investment promotion agency. Established on 28 February 2001 by the government of Serbia, the agency promoted foreign direct investment (FDI), and supported companies seeking to set up or expand their business operations in Serbia. [1]
It was shut down in 2016. [2]
The following services were offered to potential investors:
SIEPA networks with all FDI-related public and private sector bodies, including government ministries and other governmental bodies, municipal authorities and local self-government, building land agencies, tax and customs authorities, statistical bureaus, chambers of commerce and the National Bank of Serbia. In addition, SIEPA expert staff offers information packages about law, industries, sectors, business practices, and general doing business in Serbia. SIEPA publications and materials on doing business in Serbia, as well as detailed sector analysis and studies are available in hard copy and can be downloaded at www.siepa.gov.rs. The SIEPA website is currently available in English, Serbian, French, Italian and Russian languages. SIEPA is a member of the World Association of Investment Promotion Agencies (WAIPA), as well as the World Trade Promotion Organizations (WTPO), a part of the International Trade Centre (ITC).
The economy of Kazakhstan is the largest in Central Asia in both absolute per capita terms, but the currency saw a sharp depreciation between 2013 and 2016. It possesses oil reserves as well as minerals and metals. It also has considerable agricultural potential, with its vast steppe lands accommodating both livestock and grain production. The mountains in the south are important for apples and walnuts; both species grow wild there. Kazakhstan's industrial sector rests on the extraction and processing of these natural resources.
Though the Ministry of Foreign Affairs (MOFA) is the government agency responsible for the conduct of foreign relations of Nepal, historically, it is the Office of Prime Minister (PMO) that has exercised the authority to formulate and conduct policies related to Nepal's foreign affairs. As a landlocked country wedged between two larger and far stronger powers, Nepal has tried to maintain good relations with both of its neighbors, People's Republic of China and Republic of India. However, its relationship with India, remains utmost priority due to open border and similarity in culture, tradition, geography, living practices. The relationship between the two countries was significantly hampered during the 2015 Nepal blockade. Where the Nepal Government accused India of the blockade, India strictly denied the allegation and said the blockade were imposed by Madheshi protesters. For the most part though, Nepal has traditionally maintained a non-aligned policy and enjoys friendly relations with its neighboring countries and almost all the major countries of the world.
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The economy of Serbia is a service-based upper middle income economy in Central Europe, with the tertiary sector accounting for two-thirds of total gross domestic product (GDP). The economy functions on the principles of the free market. Nominal GDP in 2021 is projected to reach $60.43 billion, which is $8,748 per capita, while GDP based on purchasing power parity (PPP) stood at $141.927 billion, which is $21,243 per capita. The strongest sectors of Serbia's economy are energy, the automotive industry, machinery, mining, and agriculture. The country's primary industrial exports are automobiles, base metals, furniture, food processing, machinery, chemicals, sugar, tires, clothes, and pharmaceuticals. Trade plays a major role in Serbian economic output. The main trading partners are Germany, Italy, Russia, China, and neighbouring Balkan countries.
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