A business delegation, led by Prime Minister Nikola Gruevski, presented Tuesday Macedonia's opportunities for investing and running a business at a business forum in Tallinn.

Officials from IT companies, real estate, agriculture and tourism attended the forum, organised by the Estonian Chamber of Commerce and Industry.

Opening the event, PM Gruevski referred to the friendly ties established with Estonia and the possibilities for economic collaboration between the two countries that have been implementing similar economic policies and measures.

Underscoring the investment benefits offered by Macedonia, Gruevski pointed out the country's tax package - the lowest and most favourable one in Europe - being a comparative advantage in the country in its bid to attract investments.

Addressing the forum, Toomas Luman - Chairman of the Estonian Chamber of Commerce - said that Macedonia and Estonia shared great potentials for development of the cooperation in every sphere.

"We are aware of the low taxes, reduction of administrative barriers, qualified workforce and other benefits that are offered by Macedonia. It is favourable the private Estonian companies to learn more about these opportunities," noted Luman.

The business delegation includes Deputy PM Vladimir Pesevski, the minister without portfolio in charge of attracting foreign investments, Bill Pavleski and the director of the Directorate for Technological and Industrial Development Zones, Viktor Mizo.

Deputy PM Pesevski presented the reforms aimed at reducing procedures and investing in education in an attempt to create adequate and qualified workforce, pledging that investors would be assisted by the Government and state institutions.

Minister Pavleski referred to investment opportunities in tourism, agriculture, energy and construction. "These are the spheres in which the Government is committed to strengthen the potentials for investing that will bring fresh and better development."