Minister vowed to simplify licensing of foreign investments

Deputy Foreign Minister Dimitris Mardas stressed the need to simplify the system of licensing foreign investments, in his address to the 9th  “Innovation and Development-KA Business» Multi-Conference”. 

Our task is to attract foreign investments that will bring money in our country,” he said and added: “However, attracting investments is the easiest part. What is difficult is to simplify the system of licensing foreign investments.”

He noted that “this procedure lasts 2-3 years,” which is unacceptable, and expressed the government΄s intention to reduce that period to 3-6 months.

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