BELGRADE — Serbia expects to sign the first agreements for an $800 million loan with Russia for infrastructure next month, Infrastructure Minister Milutin Mrkonjic said Wednesday in Belgrade.
Serbian Deputy Finance Minister Goran Radosavljevic will negotiate the "final details" in Moscow next week, including the interest rate and the participation of Serbian and Russian companies, Mrkonjic said. The signing of the credit line, agreed by the two nations' presidents in 2009, will take place in two weeks.
Upgrades for Serbia's state-owned rail company Zeleznice Srbije include purchasing Russian-made diesel engines for $100 million, the reconstruction of more than 400 kilometers of tracks and completing a new railway station in the capital.
(Bloomberg)
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.
