Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-01-14-Speech-2-218"
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"en.20030114.6.2-218"2
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". – Let me emphasise that Kosovo's institutional set-up, including the distribution of responsibilities, has been defined by the United Nations Security Council and must be respected by all sides, including the provisional institutions of self-government in Kosovo. Kosovo's current economic situation is clearly a product of past political and economic neglect and oppression before 1999. This demanded major economic efforts from the United Nations interim administration, and especially its European Union pillar, in the last three years. A war-torn region has been economically stabilised, basic infrastructure has been repaired, the euro has been introduced and the legal framework for a market economy is being laid. A new customs service is collecting much-needed revenues for the Kosovo budget.
We are still heavily engaged on the ground to further support Kosovo's recovery, for instance, the consolidation of the rule of law, which is vital to attract foreign direct investment. There is still a long way to go but we should not forget from which level we started.
Furthermore, the Commission has succeeded in letting Kosovo benefit from the various instruments of the European Union's stabilisation and association process, even without a decision on its future status, to ensure that it does not fall behind in the region.
UNMIK is also currently consulting with various international financial organisations on how to give Kosovo access to their funds in the absence of a decision on its final status.
In the framework of the stability pact, UNMIK is exploring ways of embedding Kosovo in the process of regional trade liberalisation and has already signed the Memorandum of Understanding on the regional electricity market in south-east Europe.
In short, we have gone a very long way to find creative ways to improve Kosovo's economic situation and we will continue to do so. Our efforts and those of the United Nations qualify the imaginative policy that the honourable Member mentioned in his question, even though Kosovo's unresolved status poses additional challenges to both the international and local authorities. This should not prevent us from pursuing a sound economic policy and structural reforms, which are feasible and necessary to ensure economic growth and welfare for the people of Kosovo."@en1
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