News

Spotlight issue

30th March 2021 / Amcham advocacy news / Macroeconomic Indicators, Economic Growth


Resources for Czech Recovery Plan

The Ministry of Industry and Trade (MIT) has been finalizing the Czech National Recovery Plan (NPO)  in cooperation with other ministries and the Government. The Recovery Plan represents a generational opportunity to use public funds not only to modernize infrastructure, but perhaps the last great opportunity to use EU money to accelerate the Czech economy into the top rank of global innovative economies. 

"European money should help us start and modernize the economy after the coronavirus pandemic, but not only that. According to the latest information, we could receive about CZK 172 billion," says Deputy PM and Minister of Industry and Trade Karel Havlíček. "The support is not only in the context of Covid-19, the Plan also addresses other topics such as digitization, sustainable transport, the green economy, health care, education, construction of day-care centers or homes for the elderly."

30th March 2021 / Competitiveness / Health Care


Finding the future of care provision: The role of smart hospitals

Smart hospitals make extensive use of innovative technologies to improve care quality and patient experience while reducing costs.

30th March 2021 / Amcham advocacy news /


AmCham Submits Comments on Czech National Recovery Plan to Pirate Parliamentary Club

AmCham suggested that the EU Recovery represents a rare chance to attract the levels of private research and development necessary to build and sustain an innovative economy. Our letter recommends focusing on expanding the strategic research already existing in the country both in volume and the diversity of research conducted. We also noted that the effort to create a regional institute for oncological research is worth serious consideration. 

30th March 2021 / Good governance / Legal Reform and Transparency


Czech DPA published model documentation for mandatory testing

In connection with the extension of mandatory employee COVID-19 testing to all employers, the Czech Data Protection Authority (DPA) finally responded and significantly complemented its previous statement from the beginning of March on the related obligations of employers from the GDPR point of view.

30th March 2021 / Competitiveness / Tax & Finance


2021 amendment to VAT Act introduces deemed supplier concept

The VAT position of electronic interface operators will change dramatically from 1 July 2021. In connection with a planned amendment to the VAT Act relating to e-commerce, individual e-shops ensuring the sale of goods from foreign suppliers will have to assess whether they are operating as deemed suppliers.

Strategic Directions for Czech Economic Policy

  1. Transition to High-Tech Manufacturing and Exports
  2. The City Campus as Idea Factory
  3. Government Programs and Processes That Drive Innovation
  4. Government as a Competitive Advantage, including Digitization

Advocacy Priorities for 2023 
 
Technology, People, Infrastructure

 

Actions Recommended in Areas:

1. Establishing Policy Objectives for Research.

2. Research Investment and Cooperation. Big Bets (Key Technology Projects).

3. Establishing Databases for Tracking Public Policy Outcomes.

4. Public Procurement as an Innovation Tool.

5. Immigration of STEM Talents.

6. Digitization of Immigration. 

7. Adult Reskilling and Upskilling.

8. Digitization of Land Use.

9. Infrastructure Development, including Technology Parks.

 

 

Read the documents in English and Czech.

Policy pipeline

In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.

Members of the American Chamber of Commerce in the Czech Republic