Project: improvement of economic relations between Diaspora and Motherland

1
Projectimprovement of economic relations
between Diaspora and Motherland
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Trade between Serbia-Montenegro and the USA in
millions of dollar
3
The most important trading products
in 1991.
4
The most important trading products in 2001.
5
The place Serbia holds in the South-eastern
Europe
6
Unused export potentials of the Serbian
companies
The most important products imported to the US
A from the chosen countries

The most important products imported to the USA


The USA represents the greatest world market with
imports of goods and services reaching the total
sum of 1407 billion dollars and deficit of 436
billion dollars
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Why Serbia? (American interest)

• Because of the possibilities for the fastest
  market growth
  
• Prospects of growth social product has increased
  from less than 10 billion dollars (in 2000) to
  over 20 billion dollars (in 2003)
  
• Import demands from 3,5 billion dollars in 2000
  to over 7 billion dollars in 2003
  
• The greatest economic decline in Eastern Europe
  and consequently aticipated growth
  
• Geo-strategic position in the light of the
  political changes after September 11.
  

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Un example of a successful appearance at the
American market Hungary
Hungary exports into the USA twice as much as all
other Balkan states. The reason for this success
lies in a considerable foreign investments. The
multinational companies have no financial
restrictions for the marketing access to the USA
market and have excellent knowledge of the
market.
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Basic restrictions for Serbian companies access
to the USA market

• The lack of information on the largest world
  market
  
• The lack of financial means for marketing
  campaign
  
• The necessity of asking for great value in order
  to overcome large transportation expanses and
  market access expenses (marketing, standard and
  other non-tariff barriers)
• Technical standards differing from doing the
  European, additionally increasing export expenses
  and demanding large orders
  
• Limitations set by the economic situation in
  Serbia (the law on privatization of the insolvent
  companies is running late, high level of
  corruption enabling the spreading of necessary
  information for business)
• The result of these limitations was the slowdown
  in Serbian exports to the USA in 2003, comparing
  with the year 2002.

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Our possibilities

• Making contacts with American business partners
  and organizations
  
• Making contacts with Diaspora market in the USA
  and Canada
  
• Advertising campaign at the American market
  (Convention, Bulletin, Internet)
  
• Offering information on latest trends and market
  developments
  
• Possibility for making contacts with potential
  investors

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The importance of our emigrants for economic
revival of Serbia

• It is estimated that there are 4 million Serbs
  living in all continents, in over than 90
  countries throughout the world
  
• Serbs in Diaspora control over 500 billion
  dollars worth capital. Great number of Serbs are
  holding top managing positions. They are employed
  with large companies, scientific institutions, or
  manage their own small and medium size companies.
  Serbs are nostalgic people and they long for
  their country and Serbian products.
• The polls indicate that under certain conditions
  40 of Serbs from Diaspora will be interested in
  investing in Serbia.

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The contribution of workers temporary working
abroad within the total number of people living
in Serbia, by municipalities. Census, 2002.
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Economic gain from Diaspora - visible and
possible

• Remittance to the family members in the native
  country the most important inflow for covering
  of the trade deficit
  
• Tourist spending during the frequent visits to
  the country
  
• Humanitarian aid collected at the Serbian
  organizations
  
• Ethno-capital and opportunities arising for
  investments and starting of the new business
  
• Transfer of knowledge, experience and technology
  (around 500 university professors, and over
  500,000 people with university diplomas)
  
• Starting of the investment funds, special
  services for Diaspora through development funds,
  securities market, stocks and privatization
  
• Lobbying for the improvement of political and
  economic relations with Serbia (market facilities)

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The importance of financial transfer to the
Motherland

• If we estimate that 500,000 emigrants send to
  their families approximately 3,000 USD each year,
  we reach the total sum of 1,5 billion dollars.
  This could cover Serbian trade deficit and allow
  its citizens to spend between 10 and 20 more
  money than they earn. Remittance have been more
  important during the time of the crisis,
  especially in 1992, 1993 and 1999.
• Over the past 12 months, Serbia has run a trade
  deficit with other countries of 24 billion
  dollars. It has been estimated that the
  remittance from the emigrants to their family
  members living in Serbia reached 18,8 billion
  dollars!!! This means that Diaspora has covered
  four fifths of our deficit.

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• Foreign currency inflow from emigrants and trade
  deficit in millions of dollars

Devizni priliv od iseljenika i deficit u robnoj
razmeni, u mil.
5,000
4,500
4,000
Deficit robne razmene
3,500
Doznake, menjacki poslovi,
neregistrovani priliv
3,000
2,500
2,000
1,500
1,000
500
0
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
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• BY COOPERATING WITH US, YOU WILL ACHIEVE BETTER
  AND EASIER MARKETING OF YOUR PRODUCTS AT THE
  NORTH AMERICAN MARKET.
  
• BY COOPERATING WITH YOU, WE WILL HAVE FASTER AND
  MORE SUCCESSFUL INVESTMENT OF THE CAPITAL IN
  SERBIA

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With 5000 EUR payment, you have the right to

• Participate at the 14th Convention of the Serbian
  Unity Congress
  
• which will be held this year in Washington.
  This sum of money includes the following
  
• the registration costs ( 300 per peson)
• two tickets for Gala Dinner, where you will be
  able to present your companys activities by
  advertising material (160 for two persones)
  
• you will get a chance to give an account of your
  companys activities in a 20-minute presentation
  (production/services)
  
• promotion of your companys name on every
  occasion during the 14th SUC Convention
  
• advertising board at the prominent place during
  the whole duration of the 14th SUC Convention,
  
• The SUC Bulletin and internet presentation
• -          advertisement at the SUC web site
  (www.serbianunity.net) with the direct link at
  the your own web presentation,
  
• -          advertising banner,
• -          article about you and your companys
  activities, and a half the page for advertising
  in the Bulletin published by the SUC Head Office
  in America,
• -          advertisement in the Convention Book /
  Ad-Book on 2 pages
  
• Other services
• -        Formal invitation for taking part at
  the Annual Convention and offering assistance
  with visa
  
• obtaining
•   -   you will receive certificate, i.e. a
  letter of thanks for taking part at the 14th SUC
  Convention and possibility to use it in your
  advertising material
• -     you will receive the SUC Bulletin and other
  promotional material.
  
•  

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With 2000 EUR payment, you have the right to

• Participate at the 14th Convention of the Serbian
  Unity Congress which will be held this year in
  Washington. This sum of money includes the
  following
• the registration costs ( 300 per person),
• The SUC Bulletin
• -         - an article about you and your
  activities, and a quarter of the page for
  advertising in the Bulletin published by the Head
  Office of the Serbian Unity Congress in America
  
• -         - advertisement in the Convention Book
  / Ad-Book 1 whole page
  
•   - you will get a chance to give an
  account of your companys activities in a
  20-minute presentation (production/services)
  
• - Exhibition table (for the advertising material
  of Your company)

• Other services
• -         formal invitation for taking
  part at the Annual Convention and offering
  assistance with
  
• visa
  obtaining
  
• -          you will receive the SUC
  Bulletin and other promotional material.
  
•