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A:
Serbia, Netherlands sign Memorandum of Understanding
Belgrade,
27 February 2007
Serbian Minister of International Economic Relations and coordinator of the Ministry of Finance Milan Parivodic and the Dutch Ambassador to Serbia Ronald Van Dartel signed today a Memorandum of Understanding, whose basic aim is the founding of small and medium-sized enterprises with joint capital.
Ronald Van Dartel, left, and Milan Parivodic
Author:
Fonet
Parivodic told a press conference that the Programme for Cooperation with Emerging Markets (PSOM), signed today as part of the Memorandum, envisages that the Dutch government provides non-refundable financial aid of up to 50% of the investment's total value, while the maximum budget per enterprise will stand at €1.5 million.
According to Parivodic, 35 projects have so far exploited the programme's benefits and they include 21 projects from agriculture, 13 from the industry and technology sectors and one from the transportation sector.
Van Dartel recalled that the implementation of the programme began in 2003 when 500 new jobs were created and assistance of €21 million provided.
He added that three joint projects of Serbian and Dutch economists have already been prepared for this year and explained that most investments concern agriculture, but also cooperation with other sectors, such as ship building and horticulture.
Van Dartel also voiced hope that the cooperation between Serbia and the Netherlands will in the next year be even more intensive and envelop more sectors.
According to Parivodic, 35 projects have so far exploited the programme's benefits and they include 21 projects from agriculture, 13 from the industry and technology sectors and one from the transportation sector.
Van Dartel recalled that the implementation of the programme began in 2003 when 500 new jobs were created and assistance of €21 million provided.
He added that three joint projects of Serbian and Dutch economists have already been prepared for this year and explained that most investments concern agriculture, but also cooperation with other sectors, such as ship building and horticulture.
Van Dartel also voiced hope that the cooperation between Serbia and the Netherlands will in the next year be even more intensive and envelop more sectors.
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