AGRICULTURAL SECTOR IN MONTENEGRO. Macroeconomic data. SWOT analysis. Agriculture sector in Montenegro. Strenghts Favorable and various agro - climate conditions Preservation of land, water, and air
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SWOT analysis Agriculture sector in Montenegro • Strenghts • Favorable and various agro - climate conditions • Preservation of land, water, and air • Big idle area of arable agricultural land (0.80hectare agricultural and 0.29 hectare arable landper capita); • Existence of a large number of Montenegrin products with export potential; • Market existence – local and tourist request; • Stable currency; • Favorable law frame foreign capital arrival; • Availability of the Work force. • Traditional pursuit with agriculture;
SWOT analysis Agriculture sector in Montenegro • Weaknesses • Technological standstill • Low level of domestic accumulation • Small sizes of agricultural husbandries • Poor infrastructure • Insufficient manufacturing capacities and finalization of product • Long standing shut from international market • Insufficient professional education of agricultural manufacturers • Understanding agriculture as add-in activity • Complicated approach to credit capital • Non-entity of competent council office • Undefined marketing strategy
SWOT analysis Agriculture sector in Montenegro • Opportunities • Initiating cooperative relations to exceed the problems of the informational unbalance; • Joining together agriculture and tourism; • Standardization with WTO and EU; • Initiating production specialization of some authentic products; • Concept of Montenegro as an ecological state and producer of genetically unmodified food; • Attract foreign investments in agricultural sector.
SWOT analysis Agriculture sector in Montenegro • Threats • Competition of highly subvention foreign products; • PDV concept that seriously loads product liquidity
Objectives Agriculture sector in Montenegro • Reduce the state’s role in agriculture and lower common transaction costs; • To intensify the usage of international standards in agricultural activity; • To liberalize export – import regime; • To develop and recuperate cooperative relations through the Agricultural Producers Association • To intensify the promotion of agricultural products in Montenegro; • To improve accessibility of statistical data about agricultural production; • Defining status of agricultural producers and their professionalism.
Institutional ambient of agricultural sector Agriculture sector in Montenegro • In the period from 2000-2005, Montenegro adopted several laws that regulate the area of agriculture. • Law on Olive Production • Law on Marine Fishing • Law on Veterinary • Law on Organic Agriculture • Law on Tobacco • Law on Wine, Brandy and Other Alcoholic Beverages