Joint statement on the United States-Montenegro economic dialogue

SEPTEMBER 16, 2021

The text of the following declaration has been issued by the Governments of the United States of America and Montenegro.

The first US-Montenegro Economic Dialogue was held by videoconference on September 16, 2021. Prime Minister Zdravko Krivokapic, Under Secretary for Economic Growth, Energy and the Environment Jose W. Fernandez, and senior official from the Bureau of Economic and Trade Affairs Matt Murray opened the event, with the participation of senior representatives from both governments.

The two countries warmly welcomed the dialogue as an opportunity to strengthen the economic partnership between two NATO allies and to support Montenegro’s accession to the EU. US and Montenegrin officials affirmed their desire to broaden their engagement and seek new economic, trade, investment and trade opportunities. They discussed joint efforts to strengthen Montenegro’s business environment and maximize bilateral trade and investment, including a possible US trade mission to Montenegro in 2022 with a focus on clean energy and technologies for information and communication. They highlighted achievements in advancing women’s economic empowerment and pledged to empower women entrepreneurs as a means of developing bilateral economic activities through the Providing Opportunities for Women’s Economic Development (POWER) initiative. The two countries stressed the importance of establishing policy frameworks to protect critical infrastructure, including telecommunications networks and cyber networks, against disturbing foreign influences.

The United States underscored its appreciation for the progress made by Montenegro in implementing open economic and investment policies and its contribution to regional economic prosperity. The United States and Montenegro have established five working groups to develop initiatives in the areas of trade and investment, economic development, technology and innovation, clean energy and decarbonization , and property rights.

These delegations will continue to promote bilateral cooperation, expand regional partnerships and create new opportunities for mutually beneficial engagement.

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