First Deputy Prime Minister and Minister of Foreign Affairs of the Republic of Serbia Ivica Dacic received today President of the Serbian Institute from Washington Daniela Sremac and Shanker Singham, Director of Development Programmes of the Babson Global Institute from Boston.

They discussed a joint project of the Serbian Institute and the Babson Global, aiming to create the first special Balkan economic area that would provide extraordinary opportunities for investors. The area is characterized by regulatory autonomy similar to that existing in Dubai or Hong Kong, whose purpose is to promote expeditious procedures for the establishment of companies and job opportunities, support for the rights of businessmen and free competition.