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Strong cooperation with KOTRA to attract Korean investments to North Macedonia

A significant meeting was held at the Agency for Foreign Investments and Export Promotion with representatives of the Korea Trade-Investment Promotion Agency (KOTRA).
The Director of the Agency, Refik Xhemaili, met with the Director of KOTRA’s office in Sofia, Rhee Dong-Hyun, who is also responsible for North Macedonia. During the meeting, they discussed the opportunities for investing in North Macedonia, highlighting the country’s competitive advantages, including its strategic location and favorable business conditions.
Despite global economic and political challenges, North Macedonia remains an attractive destination for new investments. The meeting concluded with an agreement to strengthen cooperation through the organization of a joint event to showcase investment opportunities. Additionally, it was emphasized that all interested Korean companies can rely on support and partnership in their investment endeavors in the country.
Together towards new investments and economic growth!
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Regional Cooperation as a Key to Economic Development: Invest North Macedonia at the International Fair in Tirana!

The Director of Invest North Macedonia, Refik Xhemaili, participated in the Regional Cooperation Conference organized as part of the 30th International Fair in Tirana on November 6, 2024.
At the panel titled “Cross-Border Trade: Opportunities and Challenges in the Balkans,” he highlighted:
  • The importance of cross-border cooperation for shared economic development in the region.
  • Positioning the Balkans as a strategic trade bridge between Europe, Asia, and the Middle East.
  • The benefits of CEFTA membership, including enhanced access to regional markets, reduced tariffs, and alignment with EU standards.

In his address, Director Xhemaili also outlined key challenges and potential solutions to advance cross-border cooperation through:
  1. Digital transformation for more efficient and streamlined trade.
  2. Green logistics for sustainable transportation.
  3. Continuous investments in infrastructure to improve regional connectivity.
In the closing part of his speech, the Director called for strengthened collaboration, emphasizing that integration and partnerships are crucial for unlocking the economic potential of the Balkans. With robust regional cooperation, the Balkans can become a thriving hub for trade and investment, benefiting the entire region. He expressed confidence that through strategic efforts and dedication, the Balkans will position itself as a dynamic and prosperous trading region with significant influence on the global economy.
The conference served as an excellent platform for exchanging ideas and building synergies for economic progress, positioning the Balkans as a region of opportunities!
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Invest North Macedonia at the 30th Tirana International Fair: Presenting Macedonian companies and global opportunities

Invest North Macedonia is participating with a national stand at the 30th Tirana International Fair, held from November 6 to 9, 2024, at the Congress Palace in Tirana, Albania.
This prominent regional event provides an excellent platform for Macedonian companies to showcase their products and services, strengthen business connections, and explore new partnership opportunities.
At the Invest North Macedonia stand, Macedonian companies from various sectors are represented, including digital marketing, agribusiness, furniture, IT, and other industries. Meetings with potential partners are underway, and we anticipate positive outcomes through new agreements and an expanded presence of Macedonian products in regional and global markets.
📍 We invite you to visit our stand to learn more about partnership opportunities with Macedonian companies that bring quality and innovation to the global market.
🔗 The Tirana International Fair is one of the most important trade and industry fairs in the region, attracting over 30,000 visitors. The event is a key opportunity for exchanging innovations, advancing technologies, and strengthening economic ties among countries.
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Visit of an IMF Representative to the Agency for foreign investments and export promotion

At today’s meeting in the Agency, the director held talks with Rimtautas Bartkus, the representative of the International Monetary Fund (IMF) from Washington, as part of their “Fact-finding mission.”

The main topic of discussion was the current state of foreign direct investment (FDI) attraction and the identification of key future steps to improve this area.

The Agency presented the latest foreign investments announced by the Government, highlighting that a significant number of existing investors have decided to reinvest their profits. The main reasons cited for this were the favorable business climate, highly qualified workforce, excellent geographical position, and government support through tax incentives and financial support for investors in the production sector.

The meeting also addressed the Agency’s current activities and the necessary steps to improve results in attracting new FDI and promoting exports.

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Invest North Macedonia supports domestic companies at SUBEX 2024 in Pristina, Strengthening regional economic ties

Invest North Macedonia is participating for the third time in the Suppliers Balkan Expo 2024, which this year is being held for the first time in Pristina, Kosovo.
The event is one of the largest and most influential in the Balkans, aimed at promoting suppliers from various industries, providing a unique platform for establishing connections and creating new business opportunities between buyer companies from the EU and supplier companies from the Western Balkans.
At the Suppliers Balkan Expo (SUBEX), 300 representatives from companies in Germany, the EU, and the region are participating, and over 250 B2B meetings will take place throughout the day.
As part of its strategy to support Macedonian companies and develop export potential, the Agency has provided support for five companies from the domestic industry to participate as exhibitors at this event, from the ICT sector, the electro-metal industry, and the wood industry. Through direct interaction with potential partners and investors, Macedonian companies will have the opportunity to promote their products, services, and expertise on an international level.
This event represents an excellent opportunity to strengthen economic ties between the Balkan countries and beyond, with a particular emphasis on innovation, technology, and sustainability in industrial processes.
The Agency continues its commitment to the development of the Macedonian economy by supporting local companies and attracting foreign investments.
   
     
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Exploring cooperation opportunities between Italian and Macedonian companies: Visit to agribusiness and food processing companies in Caserta

During a recent visit to Italy, the Director of the Agency, Refik Xhemaili met with two companies from the agribusiness and food processing sectors in Caserta. The discussions highlighted North Macedonia’s potential and opportunities for collaboration.
One of the companies, which has been active in the North Macedonian market for the past month, expressed interest in expanding its presence.
The second company, operating in the agribusiness sector, has strong potential for establishing business partnerships with Macedonian companies. Exciting prospects for future cooperation!
The visit was supported by the Regional Cooperation Council (RCC) and the Italian Chamber of Commerce for the Republic of North Macedonia (Camera di Commercio Italiana per la Repubblica di Macedonia del Nord).