Serbia Offers Subsidised Loans to RS
Business, Politics, Region Thursday, May 28th, 2009Belgrade | 28 May 2009 | Serbia`s economy minister Mladjan Dinkic said in Banja Luka on Wednesday that Serbia’s subsidised consumer loans will also be available in Bosnia’s Serb dominated entity of Republika Srpska, RS.
Dinkic announced that this was agreed with RS’s prime minister Milorad Dodik, Tanjug reported.
Dinkic said that this would enable RS nationals to purchase Punto cars that are manufactured in Kragujevac, Serbia, starting Sept. 1 for EUR 5,999 by taking out seven year loans with a four per cent interest rate.
“These same conditions apply to Serbia and in this way we wish to help RS citizens to buy low-cost new cars,” the minister said after meeting with Dodik.
“We also agreed that a contingent of 2,000 tractors from Serbia’s IMT plant should be shipped to the RS market,” Dinkic said, adding that goods from the RS, such as furniture, will be available to Serbia’s citizens who will also have an option to take out subsidised consumer loans.
Dinkic said that the same arrangement would be offered to the other entity in Bosnia and Herzegovina, the Bosniak (Muslim) Croat dominated Federation.
Dodik described his talks with Dinkic as “good”, confirming that they discussed the joint sales of Punto cars and IMT tractors in the RS, and furniture from the RS and other goods in Serbia.
“Certain subsidies for both will be provided by both governments,” Dodik said, pointing out that an agreement on this would be signed in Belgrade in mid-June.
Dodik also told reporters that he and Dinkic focused on electricity sector cooperation and construction of new hydro-power plants, “which is in keeping with the agreement on special parallel ties between the RS and Serbia”. Source: Balkaninsight
Short URL: http://www.albanianeconomy.com/news/?p=1886
Posted by 