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LONDON, FEBRUARY 24 /SRNA/ - Chairman of the Council of Ministers Zoran Tegeltija said today at the Balkans Investment Conference in London that the new Council of Ministers was committed to dedicated work on the European integration and reform processes aimed at stabilizing the economic situation.


After a solemn opening of the Conference and the welcoming addresses by President of the European Bank for Reconstruction and Development /EBRD/ Suma Chakrabarti and Andrej Plenković, the Prime Minister of Croatia, which is chairing the EU, a session was held in which the Council of Ministers chairman and prime ministers and ministers of the Balkans countries took part.

At the sidelines of the conference, which was organized by the European Bank for Reconstruction and Development, Tegeltija met with Chakrabarti to discuss the current political and economic situation in BiH, regional projects and initiatives, says a press release from the Council of Ministers.

Tegeltija has said on the occasion that the new Council of Ministers is fully committed to continue its work in accordance with its competences and together with the entity governments, on the European integration and reform processes aimed at stabilizing the economic situation, economic growth, increasing public administration efficiency and drawing foreign investments with a view to creating new jobs.

They also discussed investment plans for the upcoming period, with particular focus on intensifying cooperation in providing support to an initiative to reinforce the investment climate in BiH.

When addressing participants of the conference, Tegeltija has said that BiH last year drew the greatest amount of EBRD funds and expressed the hope that it will be so in the coming period as well.

The Council of Ministers chairman placed regional projects in three groups, the first one being infrastructure ties.

“The fact is that we are in a hurry to build roads towards the West, while the road infrastructure and mutual communication between us /in the Balkans/ are in the second place,” Tegeltija said.

Tegeltija has said that energy projects are important and pointed out that experiences from cooperation in joint energy projects have not been utilized.

According to him, projects for the protection of people from natural disasters are in the third group.

The Council of Ministers chairman also met at the sidelines of the EBRD conference with Wendy Morton, Parliamentary Under-Secretary of State in the Foreign and Commonwealth Office and the Department for International Development of Great Britain. /end/sg