Aleksandar Damjanovic

Montenegrin Government and CRBC officials at the Bar Boljare highway first phase opening ceremony. Photo: Government of Montenegro

According to a government report published on Wednesday outgoing Finance Minister Aleksandar Damjanovic and CRBC official Hei Shiquiang met on July 3 about potential cooperation on the construction of the second and third phases of the highway.

BELGRADE - Serbian Deputy PM and Finance Minister Sinisa Mali met with Montenegrin Finance Minister Aleksandar Damjanovic on Friday to discuss opportunities for advancement of bilateral economic cooperation and joint infrastructure projects, above all, in road and railway transport, the Serbian Finance Ministry said in a statement.

Damjanovic is on a two-day visit to Belgrade.

Montenegrin officials at the opening of Bar-Boljare highway first section. Photo: Government of Montenegro.

On Wednesday, Prime Minister Dritan Abazovic opened the first section of the highway, seven years after the Chinese-financed project started and drove up Montenegro's public debt to 90.85 per cent of GDP.

As political leaders surveyed the potential fallout from the Greek referendum, Belgian foreign minister Didier Reynders warned on Monday that if Athens leaves the Eurozone, it could destabilise economies in the Balkans.

Kosovo's Foreign Minister, Hashim Thaci, is due to visit Podgorica for a two-day visit on Thursday when he will meet the country's top officials.

However, the visit of the former leader of the Kosovo Liberation Army remains controversial among Montenegrins who cherish ties to Serbia.

BELGRADE - Representatives of Western Balkan parliaments stated on Monday that more efficient draw of foreign investments in the region calls for a better investment climate, harmonisation of fiscal policy, reduction of taxes, countering corruption and better education.