NewsMontenegro eyes EU membership by 2028 with strong institutions and investment growth

Montenegro eyes EU membership by 2028 with strong institutions and investment growth

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Montenegro envisions itself in 2028 as a stable EU member with efficient institutions and a competitive business environment, fostering increased investment, infrastructure development, digital transformation, and a strengthened regional and international position. This was highlighted by Deputy Prime Minister for Economic Policy and Minister of Economic Development, Nik Đeljošaj, during the ACE 2025 Best Practice Sharing Conference held in Kotor, organized by the American Chamber of Commerce in Montenegro (AmCham).

At the Gala Dinner and panel discussion titled Montenegro on its Path to EU, Đeljošaj emphasized that once Montenegro joins the European Union, it will become a destination where investors can rely on security and professional administration, while citizens will benefit from economic growth and job creation.

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Over three days, the conference will host representatives from 30 American Chambers of Commerce across Europe and Eurasia, along with CEOs and leaders of major international business communities. Aisha Vodnik, President of the AmChams in Europe network, highlighted the importance of building stronger relationships to advance Europe and transatlantic ties, particularly in supporting Montenegro’s EU aspirations.

Sanja Ćalasan, Chairwoman of the Board of AmCham Montenegro, underscored that European integration is not only a political goal but also an economic path requiring investments, innovation, and trust. She noted that AmChams serve as bridges between governments and businesses, Europe and the United States, and investors and opportunities, with AmCham Montenegro playing a key role in attracting foreign investment and fostering a stable, open economy.

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Marko Miročević, Executive Director of AmCham Montenegro, cited the 2023/2024 Business Climate Report, showing that 83% of member companies anticipate growth and view alignment with EU standards as a path toward predictable rules, efficient administration, reducing the informal economy, and accelerating digital transformation. He emphasized that EU accession brings Montenegro closer than ever to addressing key obstacles and fully unlocking the country’s potential, including improving the rule of law, public administration efficiency, and investor confidence.

In his concluding remarks, Đeljošaj reaffirmed Montenegro’s commitment to strategically positioning key development sectors to attract investment, stimulate economic growth, and ensure long-term sustainable development. He highlighted ongoing preparations for temporarily closing Chapters 3 and 6 in EU accession negotiations, considering them crucial for creating a predictable business environment and strengthening legal certainty for investors and citizens.

The ACE 2025 Best Practice Sharing Conference is hosted under the AmChams in Europe network, which unites 49 AmChams across 47 European and Eurasian countries, representing over 17,000 American and European companies and employing more than 20 million people.

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