30 Oct 09

Serbia, Montenegro Sign Bilateral Agreements

Serbia's and Montenegro's economy ministers, Mladjan Dinkic and Branko Vujovic, signed a series of bilateral economic agreements in Podgorica on Thursday.
Bojana Barlovac
Tanjug news agency reports that the pacts include an agreement on economic cooperation and an agreement on the mutual encouragement and protection of investments.

The two ministers said that the signing of the pacts will contribute to improving overall economic relations between the two countries and in increasing the volume of mutual investments.

“Serbia still regards Montenegro as one of [its] most important partners for the future, and the agreement on mutual promotion and protection of investments is important, considering the fact that our country now has invested approximately €200 million in Montenegro,” the agency quoted Dinkic as saying.

According to Vujovic, Serbia is one of the most important foreign trade partners for Montenegro, with a trade volume amounting to between €800 and €900 million a year.

Bilateral trade has been increasing every year, up until this year when the economic crisis has had a deletorious impact.

Talk about it!

blog comments powered by Disqus

Premium Selection

macedonians-abroad-support-protests-back-home-05-10-2016
24 May 16

Macedonians Abroad Support Protests Back Home

Members of Macedonia’s large diaspora are showing their sympathy for the Protestiram movement at home.

deported-albanians-lament-failed-bids-to-reach-uk-05-23-2016
23 May 16

Deported Albanians Lament Failed Bids to Reach UK

On the flight back from Holland, some of the Albanians deported back to Tirana last week spoke to BIRN about what drove them to try to reach the UK in the backs of lorries.

23 May 16

Macedonia Deputy PM Kept Cypriot Firm Secret

19 May 16

Serbia's Talent Hub Faces Economic Challenges

Latest News from the Balkans

24 May 16

Greece Starts Clearing Idomeni Refugee Camp

24 May 16

Macedonia Awaits Talks on New Interim Govt