Signing of minutes from negotiations of Serbia, Germany on development cooperation for 2010

Deputy Prime Minister Bozidar Djelic and Deputy Director General at the German Federal Ministry for Economic Cooperation and Development Ulla Mikota will sign minutes on negotiations of the governments of Germany and Serbia in the field of development cooperation for 2010 at 11.00 on 28 October at the government’s Press Room, Nemanjina 11.

The total value of Germany’s aid for 2010 is €123.65 million and will be used for realisation of projects in the years to come.  As part of bilateral development cooperation, Germany provides two forms of assistance to Serbia: financial (donations and loans) and technical (expert) assistance.

The funds from development assistance will be used for realisation of projects in three fields – improvement of public infrastructure (energy and water supply - €68.5 million), sustainable economic development and employment boosting (€52.35 million) and enhancing the capacity of public administration, promotion of democratic values and civic society (€2.8 million).

News source: EMG.rs link: article