Vladimir Kavaric

Montenegro's parliament convenes on Monday to approve a new cabinet of ministers although opposition MPs are boycotting the legislature and refusing to recognise the results of last month's general election, alleging vote-rigging.

Regional cooperation is key to attracting more foreign investment money into the Balkans, stressed participants at the seventh Sarajevo Business Forum in the Bosnian capital on Wednesday.

"There is no country which is able to stand alone, especially in our region," Montenegro's economy minister Vladimir Kavaric told the forum.

President Rosen Plevneliev told Montenegro's Prime Minister Milo Djukanovic that the Euro-Atlantic integration of the Western Balkans was a foreign policy priority issue for Bulgaria.

Bulgaria and Montenegro will boost cooperation in the field of culture by signing an intergovernmental agreement during the forthcoming meeting of delegations from the two states.

Bulgarian Minister Boyko Borisov will meet his Montenegrin counterpart Milo Dukanovic, who will be on an official visit to Sofia on March 27, the government's press service reports.

BELGRADE - Serbia's Minister of Economy Zeljko Sertic has said after a meeting with his counterpart from Montenegro Vladimir Kavaric that Montenegrin companies are interested in taking part in privatisation in Serbia.

Montenegro's Economy Minister Vladimir Kavaric announced that his country desired to be included in the South Stream gas pipeline project.