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No new obligations for Montenegro's KAP in the agreement with Deutsche Bank
Edited by : AL CIRCLE
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The proposed agreement between Montenegro's Government and Deutsche Bank on the repayment of a 22 million loan granted to the Aluminium Plant Podgorica (KAP) does not define any new obligations for the plant, as the Russian partners claim, said the Minister of Economy Vladimir Kavaric.
The Government has formulated a draft agreement with Deutsche Bank, which does not imply any new obligation for KAP, and we understand a refusal of the Russian partner to sign that document as a pressure, Kavaric said at a meeting of the parliamentary Committee for Economy, Finance and Budget.
The Government has formulated a draft agreement with Deutsche Bank, which does not imply any new obligation for KAP, and we understand a refusal of the Russian partner to sign that document as a pressure, Kavaric said at a meeting of the parliamentary Committee for Economy, Finance and Budget.
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