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Vujanovic: Russians and Serbs buy most of immovable property in Montenegro

February 04, 2014, 10:29 UTC+3 PODGORICA
More than 570 Russians and around 420 Serbs invested money in the purchase of immovable property in Montenegro in 2013
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© ITAR-TASS/Denis Vyshinsky

PODGORICA, February 04. /ITAR-TASS/. Montenegrin President Filip Vujanovic said in an exclusive interview with Itar-Tass First Deputy Director General Mikhail Gusman that Russian and Serbian nationals had been the main property buyers in Montenegro last year.

“More than 570 Russians and around 420 Serbs invested money in the purchase of immovable property in Montenegro in 2013. Fewer buyers come from other countries,” Vujanovic explained.

“I am very pleased that the Russians have started showing interest in Montenegro’s north. This tourist direction is important for us,” he emphasized.

“Our opportunities for cooperation are certainly great in other spheres such as research and development, public health, education, culture, humanitarian spheres as well as all mutually beneficial branches of economy,” the Montenegrin president went on to say. President Vujanovic considers that Russian businessmen might utilize preferences, which free economic zone in the port of Bar brings.

He believes that the two countries should focus more on foreign trade because the bilateral trade turnover was still small. Russia and Montenegro have established a joint inter-governmental commission to tackle issues related to trade, economy and scientific and technological cooperation.

“This commission has held many meetings. It convenes every year to approve areas of our cooperation. I am glad that the commission is so active,” the Montenegrin president told Itar-Tass.

Vujanovic’s full interview will be shown in the Formula of Power program on the Rossiya-24 television channel.

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