News

Spotlight issue

19th July 2016 / Politics / Trade and Investment


U.S. Chamber of Commerce: The Challenges of Brexit and the Case for a U.S.-U.K. Trade Agreement

The British people opted for change when they voted on June 23 for the U.K. to negotiate an “exit” from the European Union. Such a choice is the sovereign right of any member of the EU, but it is also without precedent: The EU has expanded but never shrunk since the 1952 founding of its precursor, the European Coal and Steel Community. Now comes the hard part. Whether this break with the status quo benefits the U.K. in the long run will depend chiefly on the choices awaiting newly installed Prime Minister...

15th July 2016 / Competitiveness / Technology, R&D and Innovation


Radio Praha: Avast purchase of AVG set to secure Prague as global computer antivirus hub

In what looks like one of the biggest deals of the year, two originally Czech computer antivirus security companies have announced they are getting together with the likelihood of putting Prague and the Czech Republic permanently on the map as the home of one of the world’s leaders in the sector, Radio Prague wrote.

15th July 2016 / Economic policy / Macroeconomic Indicators, Economic Growth


Czech National Bank/Bloomberg: Koruna on Course to Exit Cap in 2017, New Czech Rate Setter Says

The Czech economic outlook indicates the central bank will be able to end its cap limiting koruna gains in about a year, and policy makers probably won’t have to pursue more unconventional monetary steps, a new member of the rate- setting board said in an interview published by the Czech National Bank.

12th July 2016 / Competitiveness / Digital Agenda


AmCham EU statement on EU’s Public-Private Partnership on cybersecurity | AmCham EU’s response to the public consultation on the Review and Evaluation of the ePrivacy Directive

The European Union has taken much-needed steps to tackle cyber threats. The proposal for a Public-Private Partnership (PPP) launched on 5 July offers the opportunity to boost industrial capabilities and encourage innovation. However the American Chamber of Commerce to the European Union (AmCham EU) believes the process for developing the PPP could have been more transparent and included input from companies and organisations that are actively engaged in developing cyber security solutions.

10th July 2016 / Competitiveness / Tax & Finance


WEF/OECD: Czech Republic has 6th lowest corporate income tax rate in OECD area

The following chart shows the lowest corporate tax rates in OECD economies. 

 

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