Source: Tanjug | Thursday, 21.01.2021.| 15:00
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Agreement on Beginning of Activities of DFC in Serbia Signed – Aiming at Guarantee Scheme of USD 1 Billion in Q1

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Illustration (Photo: Edhar/shutterstock.com)
The interstate agreement on inciting investments, which is a pre-requirement for the beginning of the activities of the U.S. International Development Finance Corporation (DFC) in Serbia and a confirmation that the Washington agreement is still being implemented, has been signed by Serbian Finance Minister Sinisa Mali and U.S. Ambassador to Serbia Anthony Godfrey.

– This agreement is important, because it confirms that the Washington agreement is still being implemented. We are thereby continuing what was agreed in Washington – Mali said following the signing of the agreement at the Government of Serbia.

The minister said that the goal was for a guarantee scheme for Serbian companies, worth USD 1 billion, to be agreed with the DFC by the end of the first quarter of 2021 and to make it available to Serbian micro, small and medium enterprises by mid-2021.

– Not only will these credits be favorable, but we will also try to have them issued for a period longer than 10 years – Mali said.

The signing was also attended by the director of the DFC office in Belgrade, John Jovanovic.
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