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AmCham says Slovak government must seek to improve business environment

The government must do all it can to make the business environment in Slovakia more attractive to foreign investors, as investments have been the engine of Slovakia's economic growth in recent years, Igor Kottman, the president of the American Chamber of Commerce (AmCham) in Slovakia, told the TASR newswire. "After the crisis period, the investment appetite of US companies is coming to life again and it's only good that Slovakia hasn't been erased from their map," said Kottman.

The government must do all it can to make the business environment in Slovakia more attractive to foreign investors, as investments have been the engine of Slovakia's economic growth in recent years, Igor Kottman, the president of the American Chamber of Commerce (AmCham) in Slovakia, told the TASR newswire.

"After the crisis period, the investment appetite of US companies is coming to life again and it's only good that Slovakia hasn't been erased from their map," said Kottman.

Kottman praised the timing of a trade mission organised by the Economy Ministry and the Slovak Investment and Trade Development Agency (SARIO) which is in the US at the moment. Investment opportunities in Slovakia have been promoted in four American cities: Washington, New York, Chicago and San Francisco.

"At a time in which US investors are searching for possible opportunities, it's good to show them Slovakia as a country that appreciates the inflow of foreign investments," said Kottman. He added that most investors view the adoption of the euro as a positive, stabilising factor because it allows investors to prepare their financial and business plans more easily than with other currencies.

Source: TASR

Compiled by Zuzana Vilikovská from press reports
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