Export credit agency

BELGRADE - Serbian Finance Minister Sinisa Mali said on Tuesday Serbia was fully committed to development of renewable energy sources, green transition and investments in the sector.

The temporary framework recognizes that the EU economy is experiencing serious disruption

The European Commission has announced that it has approved a temporary legal framework for flexibility with regard to state aid in the context of the COVID-19 disease epidemic. The timetable recognizes that the EU economy is experiencing serious disruption, BTA reported.

Iran has secured an eight-billion euro credit line from South Korea's Eximbank, the Islamic republic's biggest loan deal since its 2015 nuclear accord, the Iranian central bank announced on Aug. 24.

The 10th WTO Ministerial Conference, gathered in Nairobi since Tuesday, agreed on Sunday on a global trade deal that benefits developing countries in Africa and around the world by getting rid of trade distorting export subsidies in agriculture. As regards EU producers, they will for the first time see a level playing field in export competition, a key priority for EU negotiators.

By Evgenia Tzortzi

The Development Ministry intends to use three tools to support the country’s crisis-battered small and medium-sized enterprises (SMEs), in an effort to channel cash into the economy.