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Statement by the President Regarding Economic Normalization Between Serbia and Kosovo

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Statement by the President Regarding Economic Normalization Between Serbia and Kosovo Received by NSD/FARA Registration Unit 09/17/2020 3:55:41 PM STATEMENTS & RELEASES Statement by the President Regarding Economic Normalization between Serbia and Kosovo ------- FOREIGN POLICY Issued on: September 4,2020 = ★ ★ ★ = Today, I am pleased to announce yet another historic commitment. Serbia and Kosovo have each committed to economic normalization. After a violent and tragic history and years of failed negotiations, my Administration proposed a new way of bridging the divide. By focusing on job creation and economic growth, the two countries were able to reach a real breakthrough on economic cooperation across a broad range of issues. We have also made additional progress on reaching peace in the Middle East. Kosovo and Israel have agreed to normalization of ties and the establishment of diplomatic relations. Serbia has committed to opening a commercial office in Jerusalem this month and to move its embassy to Jerusalem by July. It has taken tremendous bravery by President Vucic of Serbia and Prime Minister Hoti of Kosovo to embark on these talks and to come to Washington to finalize these commitments. By doing so, they have made their countries, the Balkans, and the world safer. I look forward to seeing Serbia and Kosovo prosper as we work together on economic cooperation in the region going forward. Received by NSD/FARA Registration Unit 09/17/2020 3:55:41 PM Received by NSD/FARA Registration Unit 09/17/2020 3:55:41 PM © Q Login You have 10 free articles left this month. Get your free Basic subscription now and gain instant access to more. Kosovo U.S. government's development finance institution to support Serbian SMEs Author Published Radomir Ralev Sep 08, 2020 13:29 EEST * We use cookies to offer you a better browsing experience, personalise content and ads, to provide social media features and to analyse our traffic. Read about how we use cookies and how you can control them by clicking Cookie Settings. You consent to our cookies if you continue to use this website. Cookie settings Accept cookies Received by NSD/FARA Registration Unit 09/17/2020 3:55:41 PM Received by NSD/FARA Registration Unit 09/17/2020 3:55:41 PM under acceptable conditions, which is a great support to companies and a prerequisite for the growth and development of SMEs," Cadez said in a statement on Monday. DSC will also finance projects in the fields of energy, food industry, logistics and high technologies and will provide funding for the construction of the Plocnik-Merdare section of a motorway that would link Serbia's Nis to Kosovo's Pristina, Cadez said. Moreover, as a result of the U.S.-brokered agreement on the normalisation of economic relations between Serbia and Kosovo, representatives of DFC will arrive in Belgrade on September 21 to prepare for the opening of an office in the Serbian capital. "We have been working for more than six months on the preparation and elaboration of projects that DFC will support technically and financially - through the Export-Import Bank of the United States and the Millennium Challenge Corporation (MCC),'' Cadez added. Serbian president Aleksandar Vucic and Kosovo prime minister Avdullah Hoti signed on September 4 a U.S.-brokered agreement on the normalisation of economic relations, committing to develop motorway and railway connectivity. The agreements, signed by the U.S. separately with Belgrade and Pristina, envisage U.S. support for the construction of a motorway and railway linking Nis to Pristina, while Kosovo will join the "mini-Schengen" zone, an economic area comprising Serbia, Albania and North Macedonia announced in October 2019. <Q THEEU GREEN DEAL , bENERGY * TRANSITION IN SOUTHEAST EUROPE QaaNaiAic We use cookies to offer you a better browsing experience, personalise content and ads, to provide social media features and to analyse our traffic. Read about how we use cookies and how you can control them by clicking Cookie Settings. You consent to our cookies if you continue to use this website. Cookie settings Accept cookies Received by NSD/FARA Registration Unit 09/17/2020 3:55:41 PM Received by NSD/FARA Registration Unit 09/17/2020 3:55:41 PM Share this story f * in B Tags Kosovo Serbia Business Government Contracts SMEs Research on Demand Related news Metalac tops turnover list on Belgrade bourse, share indices end down UPDATE 1 - Japan's Nidec considering 100 min euro investment in Serbia Serbian financial, corporate sectors expect stable inflation - c-bank N. Macedonia's Euroimpex to become Opel's import partner for five SEE countries Japan's Toyo to invest 364 min euro in Serbian factory by end-2023 Related reports Industry Report Automotive industry in SEE 2020 Macro Report Serbia Economy Report Q3 2019 We use cookies to offer you a better browsing experience, personalise content and ads, to provide social media features and to analyse our traffic. Read about how we use cookies and how you can control them by clicking Cookie Settings. You consent to our cookies if you continue to use this website. Cookie settings Accept cookies Received by NSD/FARA Registration Unit 09/17/2020 3:55:41 PM Received by NSD/FARA Registration Unit 09/17/2020 3:55:41 PM About SeeNews is your complete guide to the emerging economies of Southeast Europe. Latest news, market intelligence, industry analyses, on-demand research - the big picture at the tip of your fingers. See more Premium access Get ahead of the competition with SeeNews Premium Access. Unlimited news and objective analysis you can trust, company data and more. Subscribe now and start making agile business decisions. 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Cookie settings Accept cookies Received by NSD/FARA Registration Unit 09/17/2020 3:55:41 PM Received by NSD/FARA Registration Unit 09/17/2020 3:55:41 PM Economy First effects of the Washington agreement on the economy 07/09/2020 • Snezana Bjelotomic The president of the Serbian Chamber of Commerce, Marko Cadez, announced that, following the Washington agreement, representatives of the U.S. International Development Finance Corporation (DFC) will arrive in Belgrade on 21 September to prepare for the opening of their office here, the first in the region, and to ensure faster implementation of the agreed projects. “This will be one of the first steps of the economic cooperation agreement between Belgrade and Pristina, which will bring visible and concrete benefits not only for our business communities, but also for the economy of the entire region, through economic loans to small and medium-sized enterprises, infrastructure financing and support for private sector investment projects. The agreement covers anything from energy, through the food and logistics industry to high technology, ” Cadez said, prior to his departure from the United States. For the Serbian Chamber of Commerce, the meeting in Washington, with the executive director of the DFC, Adam Boehler, and the imminent arrival of their delegation in Belgrade, represents the continuation of the cooperation with this American development agency. “We have been working for more than six months on preparing and developing projects that the DFC will support technically and financially, through the American Exim Bank and the Millennium Challenge Company. In the past period, I have had several online meetings with representatives of this development company to better define useful, strategically important and economically sustainable projects for businesses, which are, at the same time, necessary for economic growth and better connectivity of the region ”, Cadez added. “Both the businesses and the Belgrade office of the DFC will be able to count on the support of the chambers of commerce of Serbia and Kosovo, as well as on business associations. We are ready to form a common team to support faster and more efficient implementation of projects, ” he underlined. Discover the most important foreign investments in Serbia in 2019: click here! According to him, the DFC’s decision to open an office in Serbia, in addition to being a strong signal for future investors, international financial organizations and rating agencies, will soon bring concrete Received by NSD/FARA Registration Unit 09/17/2020 3:55:41 PM Received by NSD/FARA Registration Unit 09/17/2020 3:55:41 PM and quite tangible benefits to business people. “The DFC will ensure a better access to financing for small and medium-sized enterprises through a guarantee scheme and cheap loans, with acceptable terms, which represent great support for individual companies and are a precondition for the growth and development of the SME sector, which are the backbone of every economy, ” Cadez went on to say. When it comes to investments in the private sector’s projects, he says, production and service companies can count on this support. “We have proposed and discussed very specific projects in the fields of energy, the food industry, logistics and high technologies,” concluded Cadez. (Vecernje Novosti, 06.09.2020) https://www.novosti.rs/vesti/ekonomija/915215/cadez-predstavnici-dfc~beograd-dolaze-vec-21- septembra-sad-stizu-investicije-povoljni-krediti-privrednike This post is also available in: Italiano Related Posts: 1. Mihajlovic: “Serbia and France agree on French donation for Belgrade subway” Serbia’s Minister of Construction, Transport and Infrastructure Zorana Mihajlovic said..
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