UNMIK on Air

12 January 2004

Standards 2994 – On the Way to a stable Economy

(By Gezim Kasapolli)

 

 

It’s already been predicted that 2004, will be one of the most important periods in the post-conflict Kosovo era. Parliamentary elections and fulfillment of standards will be the main points of attention for all Kosovans and the international community in general.

 

Hello and welcome to this edition of UNMIK on Air

 

UNMIK and the Kosovan government agree that strong foundations must be built in order for “Kosovo’s Standards” to be achieved and they all believe that economy is the linkage that could help and determine the level of progress in achieving these standards. Nicky Lamsdorff, head of EU emphasizes the need for a legal framework, which according to him is essential for the economic development of Kosovo. 

  

Nicky Lamsdorff: On a very broad basis, Kosovo clearly needs a new legal and institutional base for economic development. It also needs a regulatory framework. Much of this has already been achieved in the last two or three years, there are some parts missing but the basis is there. This is, indeed, in common basis with UNMIK, the PISG and of course the Assembly, they are doing this together and we have to do this together.

 

Meanwhile the Kosovo government has drafted a few laws that were already handed over to the parliament; these will be indispensable legal tools that will allow the development of an economic infraestructure. According to Besim Beqaj, adviser to Kosovo’s PM for economy and representative for the Stability Pact, the government is presently working on the sub-standards within the economy standard and they predict for the legislation to be completed by the end of 2004.

 

Besim Beqaj: This will be a specific activity that will enable us to be competent and competitive with economies in the region. For example, in order to sign an agreement for free trading with countries of the region it is necessary to have 21 laws which will be incorporated within that agreement for its implementation, not only for the process of signing. So, it is obvious that one of the most urgent issues is complementing the legal infrastructure for developing an economy.

 

The lack of domestic products and export of goods into neighboring countries is also a matter of great concern for all Kosovan business entrepreneurs. However, says Naim Gashi, economy analyst, this is the result of an unfavorable policy for domestic producers and their inability to access neighboring markets.

 

Naim Gashi: In order to fulfill the economy standard it is necessary to change the fiscal policy in Kosovo that favors domestic products and stimulates employment. I would emphasize the importance of creating fair rules in trading relations with neighboring countries, because Kosovan businessmen do not have access to none of the neighboring markets, except for Albania with whom we have signed the agreement on free trading, while on the other hand foreign producers and businessmen have total access to the Kosovo market.

 

The need for foreign investments is still a vital necessity for Kosovo’s economy. But, these investments always face the most “notorious” obstacle in Kosovo – KEK. KEK problems, says Naim Gashi, are the consequence of bad management and the inexistence of a proper mechanism that would push people to pay their bills. The outcome is more than obvious.   

 

Naim Gashi: I believe that the energetic problem in Kosovo rests within KEK’s management; that would influence directly into the economic development, thus achieving the standards. I do not think that Kosovo lacks energetic capacities, but the reason for this situation is KEK’s bad management, because a compulsory mechanism for paying the bills was not created as well as the proper management that would ensure the rightful administration of KEK’s capacities and potentials.

 

Nicky Lamsdorff stresses that although KEK is vital to Kosovo’s economic growth, there are other “privately owned enterprises” that need to be updated and all these companies should become the backbone of Kosovo’s economy and the path to a modern trade economy.

 

Nicky Lamsdorff: If you look at the publicly owned enterprises, they have to become modern companies, transparent companies which are able to support the economy and of course the people of Kosovo. This of course is one of the major issues that KTA and the government are working on, we just discussed KEK, but KEK is not the only one, there are other POE’s; then there are some minor details, we need a reliable economic data and statistics on Kosovan economy and this is still not really there.

 

But one thing is for sure, all the necessary economic legal instruments will have to be drawn very soon for these laws to begin to be applied.

 

And there is no doubt then, that the linkage between Kosovo’s economy and the fulfillment of all other standards will prove to be the most serious and complicated item of “Kosovo’s standards”.

 

That’s it for this edition of UNMIK on Air, thanks for listening and stay tuned for more.