More intensive economic cooperation between Montenegro and the U.S. desirable
16/03/2018
Governor of the Central Bank of Montenegro, Radoje Žugić, met with the Deputy Chief of the Political and Economic Section of the U.S. Embassy in Podgorica, Vivek Joshi.
Governor Žugić presented to Mr Joshi a situation in the banking sector, which business parameters were improved in the previous year, as well as the system itself in terms of the higher level of stability and security. The Governor added that the vulnerabilities observed in the system in the previous period were significantly reduced.
The cooperation between the CBCG and the IMF and their positive assessments of the condition of the Montenegrin economy during the previous mission was also discussed at the meeting.
The cooperation between Montenegro and the United States was highly acclaimed, with the expectation that it will be further enhanced in the future, especially in the segment of the economy, through increased investments of the U.S. investors in our country, for which there is already interest. Both the Governor and Mr Joshi agreed that the interest of U.S. investors should be further fostered, especially in the financial sector.