The Republic of San Marino must be brave enough to change, to reinvent its economy.
SAN MARINO – The Republic of San Marino must be brave enough to change, to reinvent its economy. As the Secretary of State for Industry, Marco Arzilli, explained “this forum aims to make the process we have started public and is also an opportunity for dialogue, for listening to important external opinions on the role a small state like ours can cover in the international field. With this forum, we want to start a cultural and entrepreneurial process that will lead us towards internationalization”. The objection some could raise is that before internationalization you need to find a solution to the problem of relations with Italy. “Nobody here is saying the contingent situation is not restrictive, but if we don’t start a process to open up our economy as soon as possible it will be too late. We want to overcome, once and for all, the barrier that has always meant we consider the economy in a single direction (towards Italy, editor’s note), maybe because of issues concerning distance or linguistic barriers”. Can business competitiveness be the new pillar of the economy in San Marino? “It absolutely has to be. We have low taxation, a key strategic geographical position and all the benefits that come from being small. Of course we still need to work on cancelling the ambiguities that have characterized us in the past; we aren’t going to achieve this in a day, but we have started and this has recently even been acknowledged by the IMF. I’m convinced of one thing though: San Marino has the opportunity to shape its own future”.