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UAE And Serbia Sign Billion Dollars Loan

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The President of Serbia, Aleksandar Vučić, and the President of the United Arab Emirates, Sheikh Mohammed bin Zayed Al Nahyan, signed nine agreements between the two countries at the People’s Palace in Abu Dhabi.

Sheikh Mohammed bin Zayed al-Nahyan welcomed Vučić at the airport with the words: “Welcome to your second homeland”, and a ceremonial welcome was arranged with 21 volleys fired, and the singing of the anthems of the two countries.

An agreement was signed according to which Belgrade will receive one billion dollars on extremely favorable terms, that is, at half the interest rate than the rate at which western countries borrow, said Vučić and added that this is a huge support for the domestic budget and finances.

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