The Azerbaijan State News Agency

POLITICS

Azerbaijan and Serbia implement economic projects

Baku, March 16 (AZERTAC). A meeting of the Milli Majlis committee for economic policy has today held in Baku.

The deputies examined the draft loan agreement on construction of the Ljig-Boljkovci, Boljkovci-Takovo and Takovo-Preljina roads as a part of E-763 highway of Serbia.

Chairman of the committee Ziyad Samadzade said Azerbaijan makes investments in Turkey, Russia, Georgia and other countries. This agreement will also give an opportunity to make investments in the Serbian economy.

According to the agreement, Azerbaijan will approve a loan in € 300 million for Serbia with 4% rate during 15 years.

 

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