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Corruption remains top concern for potential U.S. investors to Albania, report shows

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TIRANA, July 31 – The U.S. State Department says Albania continues to remain a difficult place to do business with endemic corruption as the top concern that keeps potential American investors away from the country. In its 2018 investment climate statement for Albania, the State Department’s Bureau of Economic and Business Affairs says foreign investors cite corruption, particularly in the judiciary, lack of transparency in public procurement and poor enforcement of contracts as continuing problems in Albania. “The implementation of judicial reform is underway, including the vetting of judges and prosecutors for unexplained wealth, but foreign investors perceive the investment…

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