Montenegro, China ink agreement on economic cooperation.

By bne IntelliNews June 24, 2011
Montenegro and China signed agreements on economic, technical and administrative cooperation, the cabinet press office informed. The accords were initialed by deputy PM Vujica Lazovic and deputy trade minister of China Dzong San. According to one of the the agreements, China will provide a EUR 1mn grant to Montenegro. The funds will be used for implementation of projects that will be agreed by the two governments in the coming months. The other two agreements relate to enhancement of cooperation in the infrastructure field as well as the performance of educational programmes on environment and infrastructure management.

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