Denials from Serbia: We are not purchasing Montenegrin highway debt

BizLife 24.09.2020  |  B92
Denials from Serbia: We are not purchasing Montenegrin highway debt

The Serbian Ministry of Finance denied allegations of certain Montenegrin media that Serbia is close to an agreement with China to buy the Montenegrin highway debt.

As it is stated, the Ministry of Finance stated with B92 that this information “is definitely not accurate”. Recently, information appeared in certain Montenegrin media that Serbia is in final negotiations with Chinese officials to buy a loan from their Exim Bank for the construction of Bar-Boljare highway section that runs through Montenegro. As stated at the time, in the event that Montenegro is unable to repay the loan, and Serbia and China conclude the above

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