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Russians, Serbs most active among foreign purchasers of real estate in Montenegro

February 14, 2014, 1:43 UTC+3 PODGORICA
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PODGORICA, February 14, 1:41 /ITAR-TASS/. Russians and Serbs are the most active foreign purchasers of real estate in Montenegro, Filip Vujanovic, the president of the Balkan country boasting a perfect Adriatic coast, said in an exclusive interview with Mikhail Gusman, Itar-Tass Deputy Director General.

“In 2013, more than 570 Russians and 420 Serbs invested in buying real estate here, while all other buyers from other countries and their number was far smaller,” Vujanovic said. “This means the Russians want to buy property here and I’m especially pleased to not the Russians’ growing interest towards northern (inland mountainous - Itar-Tass) parts of Montenegro, too, since this direction of tourism is very important for us.”

“Our capabilities for cooperation are big enough in other areas, too, like science and research, healthcare, education, culture, other humanitarian spheres, and in all the mutually beneficial segments of the economy,” he said.

Vujanovic believes Montenegro and Russia should concentrate on bilateral trade now, as its volumes are too small today. He feels confident that trade indicators should be improved in exports and imports likewise, and especially with account of operations in the Montenegrin port of Bar and the free trade zone that Montenegro has on its territory.

He recalled that both countries had established a joint intergovernmental commission supervising the issues of trade, economic, scientific, and technological cooperation.

“This commission has already held many meetings - it actually has a session every year and endorses the guidelines for our cooperation and I’m really pleased to note its active work,” Vujanovic said.

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