Milli Majlis ratify loan agreement between Azerbaijan and Serbia

Milli Majlis ratify loan agreement between Azerbaijan and Serbia
Azerbaijani Parliament has today discussed the draft law on ratification of the loan agreement between Azerbaijan and Serbia.

A loan of 308 million euros is granted for 25 years with a three-year grace period and at an annual rate of 4% for the construction of roads in Serbia.

Azerbaijan’s AzVirt company has been selected project contractor.

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