U.S. Relations With Slovenia
Slovenia and the United States have enjoyed a strong bilateral relationship since President George H. W. Bush recognized Slovenia’s independence on April 7, 1992, several months after Ljubljana declared independence from the former Yugoslavia. The two countries worked closely together to resolve succession issues following the breakup of Yugoslavia, and the United States supported Slovenia’s entry into the North Atlantic Treaty Organization (NATO) in 2004 as well as other Euro-Atlantic agreements and institutions. The United States and Slovenia maintain strong, cooperative relations on a broad range of bilateral, regional, and global issues. The United States and Slovenia also cooperate in promoting stability and Euro-Atlantic integration of Western Balkans countries. Other interests include deepening our military cooperation and bilateral trade and investment ties.
U.S. Assistance to Slovenia
U.S. security assistance has helped Slovenia increase its contributions to global security and meet its commitments as a NATO Ally while also promoting peace and security in the neighboring Western Balkans region. The United States provides no development assistance to Slovenia.
Bilateral Economic Relations
With excellent infrastructure, a well-educated workforce, and proximity to European transportation hubs, Slovenia is one of Europe’s fastest growing economies. Exports are the primary driver of Slovenia’s strong economic growth, and 75 percent of its foreign trade is within the EU. The United States has worked to increase bilateral trade and investment and is currently Slovenia’s third largest source of foreign investment, taking into account both direct investment as well as indirect investment through third-country subsidiaries. Around one-third of the economy remains state-owned or state-controlled, however, and investment challenges include a lack of transparency in public procurement processes and a burdensome tax and regulatory environment. The United States and Slovenia share a reciprocal taxation treaty and Social Security Totalization Agreement, and Slovenia participates in the Visa Waiver Program, which allows nationals of participating countries to travel to the United States for certain business or tourism purposes for stays of 90 days or less without a visa.